Targa Resources Inc share price logo

Targa Resources Inc

NYSE: TRGP

Large Cap

$252.53

+3.03

(+1.21%)

as on

Targa Resources Inc Stock Performance

as on May 8, 2026 at 6:59 am IST

  • Day's Low

    Day's High

    $241.86
    $254.88
    downward going graph

    4.23%

    Downside

    0.93%

    Upside

    downward going graph
  • 52 Week's Low

    52 Week's High

    $144.14
    $261.95
    downward going graph

    42.92%

    Downside

    3.73%

    Upside

    downward going graph

Targa Resources Inc share price movements today

Previous Close
$249.50
Open
$244.55
Volume
1.0M
Day's Low - High
$241.86 - $254.88
52 Week Low - High
$144.14 - $261.95

Targa Resources Inc Historical Returns

1 Month Return
-0.59 %
3 Month Return
+ 18 %
1 Year Return
+ 57.03 %
3 Year Return
+ 247.11 %
5 Year Return
+ 552.63 %

Targa Resources Inc Stock Fundamentals & Key Indicators

Check Targa Resources Inc market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$53.6B

EPS (TTM)

10.4399

Dividend Yield

0.00%

Quarterly Earnings Growth YOY

0.74%

PE Ratio (TTM)

29.39

Industry PE ratio

19.842307692307692

PEG Ratio

1.2282

EBITDA

4.8B

Revenue (TTM)

17.0B

Profit Margin

11.29%

Return On Equity TTM

51.38%

Targa Resources Inc Stock Valuation

Track how Targa Resources Inc P/E has moved over time to understand its valuation trends.

Targa Resources Inc in the last 5 years

  • Overview

  • Trends

Lowest (17.94x)

December 31, 2022

Industry (19.84x)

May 7, 2026

Today (29.39x)

May 7, 2026

Highest (48.39x)

June 30, 2021

LowHigh

Today’s Price to Earnings Ratio: 29.39x

Targa Resources Inc vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Targa Resources Inc with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %
BUY$53.6B552.63%29.3911.29%
HOLD$90.2B191.54%32.3523.64%
HOLD$70.3B77.02%21.1918.92%
BUY$68.4B101.93%16.564.72%
BUY$83.2B61.55%14.2611.45%

Stock Returns calculator for Targa Resources Inc Stock including INR - Dollar returns

The Targa Resources Inc stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Targa Resources Inc investment value today

Current value as on today

₹1,76,790

Returns

₹76,790

(+76.79%)

Returns from Targa Resources Inc Stock

₹58,934 (+58.93%)

Dollar Impact

₹17,856 (+17.86%)

Analyst Recommendation on Targa Resources Inc Stock

Based on 28 analysts

BUY

96.43%

Buy

3.57%

Hold

0.00%

Sell

Based on 28 analysts, 96.43% of analysts recommend a 'BUY' rating for Targa Resources Inc. Average target price of $266.8

Targa Resources Inc Share Price Target

Get share price movements and forecasts by analysts on Targa Resources Inc.

What analysts predicted

5.35%UPSIDE

Target Price

$266.8

Current Price

$252.53

Analyzed by

28 Analysts

Target

$266.80

Targa Resources Inc target price $266.8, a slight upside of 5.35% compared to current price of $252.53. According to 28 analysts rating.

Indian Investors' Interest in Targa Resources Inc Stock

Search interest for Targa Resources Inc Stock has increased by 22% in the last 30 days, reflecting an upward trend in search activity.

Time period: to

Change:22% versus previous 30 day period

Targa Resources Inc Quarterly Profit & Loss

All numbers in Millions USD

Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Total Revenue
3,881
4,231
4,562
3,618
3,885
4,405
4,852
4,026
4,201
4,055
Gross Profit
582
722
1,003
781
864
1,104
923
892
978
1,747
Operating Income
492
627
639
683
764
700
836
808
884
917
EBITDA
840
980
979
979
1,086
1,080
916
1,413
1,225
1,298
Interest Expense
175
178
228
176
184
177
197
218
221
216
Depreciation
331
341
340
348
355
378
367
373
383
390
Income Before Tax
332
460
415
453
545
524
352
821
620
692
Income Tax Expense
53
102
82
94
97
110
72
184
134
139
Net Income
217
277
275
296
384
351
198
625
475
545
Net Profit Margin
5.61%
6.56%
6.03%
8.19%
9.89%
7.97%
4.10%
15.53%
11.32%
13.44%

Targa Resources Inc Annual Profit & Loss

All numbers in Millions USD

Dec 2016
Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Total Revenue
6,645
8,864
10,554
8,671
8,272
17,440
21,684
15,619
16,626
17,136
Gross Profit
410
526
778
1,491
1,522
2,093
2,793
2,535
3,325
4,542
Operating Income
223
321
518
192
1,265
1,820
2,483
2,186
2,943
3,446
EBITDA
756
754
1,143
1,262
-313
1,699
3,210
3,965
4,138
4,854
Interest Expense
254
233
257
337
391
387
446
687
767
852
Depreciation
-
809
815
971
865
870
1,096
1,318
1,423
1,515
Income Before Tax
-259
-292
65
-46
-1,573
436
1,663
1,942
1,938
2,486
Income Tax Expense
-100
-397
5
-87
-248
14
131
363
384
529
Net Income
-187
54
1
-209
-1,553
71
1,142
828
1,269
1,844
Net Profit Margin
-2.82%
0.61%
0.02%
-2.41%
-18.78%
0.41%
5.27%
5.30%
7.64%
10.76%

Targa Resources Inc Quarterly Cash Flow

All numbers in Millions USD

Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Net Income
357
332
359
447
414
279
637
475
545
Operating Cash Flow
957
876
904
540
1,327
954
858
599
1,505
Investing Cash Flow
-727
-677
-749
-847
-746
-813
-956
-691
-1,180
Financing Cash Flow
-228
-230
-98
267
-551
-147
60
102
-282
Change in Cash
2
-31
56
-39
30
-5
-38
11
42

Targa Resources Inc Annual Cash Flow

All numbers in Millions USD

Dec 2017
Dec 2018
Dec 2019
Dec 2020
Dec 2021
Dec 2022
Dec 2023
Dec 2024
Dec 2025
Net Income
104
60
41
-1,325
422
1,531
1,579
1,553
1,841
Operating Cash Flow
939
1,144
1,389
1,744
2,302
2,380
3,211
3,649
3,917
Investing Cash Flow
-1,892
-3,146
-3,071
-738
-473
-4,149
-2,400
-3,021
-5,442
Financing Cash Flow
1,016
2,097
1,781
-1,094
-1,914
1,829
-888
-612
1,533
Change in Cash
63
94
99
-88
-84
60
-77
15
8

Mutual Funds that own Targa Resources Inc Stock

Check out the Mutual Funds with significant holdings in Targa Resources Inc.

Funds
Holdings
Shares Held
Motilal Oswal S&P 500 Index Fund Direct Growth
Motilal Oswal S&P 500 Index Fund Direct Growth
0.09591%
1603

Global Institutional Holdings in Targa Resources Inc

Funds
Holdings
State Street Corp
5.82%
Blackstone Inc
1.75%
Tortoise Midstream Energy Fund, Inc.
1.58%
The Goldman Sachs Group Inc
1.03%
Blackstone Inc
1.78%

Targa Resources Inc News & Key Events

  • img

    Today's Timeline - 04 May

    Mon, 09:24 PM

    -

    Targa Resources has an Earnings ESP of +0.77% and will report Q1 2026 earnings on May 7.

Insights on Targa Resources Inc

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Targa Resources Corp. has shown strong profit growth over the last two quarters. Their net profit increased from $475.5 million to $545.0 million, with an average increase of 12.8% per quarter.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, TRGP has outperformed top 5 stocks with highest market-cap in its industry

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, TRGP stock has moved up by 250.2%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TRGP has outperformed top 5 stocks with highest market-cap in its industry

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Targa Resources Corp. has experienced a decrease in revenue for the last two quarters, moving from $4.20 billion to $4.05 billion. This represents an average decrease of 3.5% per quarter.

About Targa Resources Inc

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
OrganisationTarga Resources Inc
Headquarters811 Louisiana Street, Houston, TX, United States, 77002
IndustryOil & Gas Midstream
CEOMr. Matthew J. Meloy
E-voting on sharesClick here to vote

Key Management of Targa Resources Inc

Name

Title

Mr. Matthew J. Meloy

CEO & Director

Mr. William A. Byers

Chief Financial Officer

Mr. Robert M. Muraro

Chief Commercial Officer

Mr. Tristan James Richardson

VP of Investor Relations & Fundamentals

Mr. Denny Latham

Executive Vice President of Permian

Ms. Jennifer R. Kneale

President

Mr. Patrick J. McDonie

President of Gathering & Processing

Mr. John Christopher Eklof

Senior VP & Chief Accounting Officer

Mr. Gerald R. Shrader

Executive VP, General Counsel & Secretary

Mr. Benjamin J. Branstetter

President of Logistics & Transportation

FAQs

What is Targa Resources Inc share price today?

Targa Resources Inc share price today is $252.53 as on at the close of the market. Targa Resources Inc share today touched a day high of $254.88 and a low of $241.86.

What is the 52 week high and 52 week low for Targa Resources Inc share?

Targa Resources Inc share touched a 52 week high of $261.95 on and a 52 week low of $144.14 on . Targa Resources Inc stock price today i.e. is closed at $252.53,which is 3.60% down from its 52 week high and 75.20% up from its 52 week low.

What is Targa Resources Inc's market capitalisation today?

Targa Resources Inc market capitalisation is $0.05T as on .

How to invest in Targa Resources Inc Stock (TRGP) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for Targa Resources Inc on INDmoney app. Click on Buy button. You can invest as low as $1.5 in Targa Resources Inc Shares that will get you 0.0059 shares as per Targa Resources Inc share price of $252.53 per share as on May 8, 2026 at 1:29 am IST.

What is the minimum amount required to buy Targa Resources Inc Stock (TRGP) from India?

Indian investors can start investing in Targa Resources Inc (TRGP) shares with as little as ₹94.24 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹942.40 in Targa Resources Inc stock (as per the Rupee-Dollar exchange rate as on ). Based on Targa Resources Inc share’s latest price of $252.53 as on May 8, 2026 at 1:29 am IST, you will get 0.0396 shares of Targa Resources Inc. Learn more about fractional shares .

What are the returns that Targa Resources Inc has given to Indian investors in the last 5 years?

Targa Resources Inc stock has given 552.63% share price returns and 29.81% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?