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Targa Resources Corp

TRGP

246.100USD

+6.180+2.58%

Close 03/24, 16:00（ET）Quotes delayed by 15 min

10.44BMarket Cap

28.88P/E TTM



Targa Resources Corp

246.100

+6.180+2.58%

Overview Financials Analysis Company

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

Overview

Financials

Analysis

Company

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score of Targa Resources Corp

Currency: USD Updated: 2026-03-24

Key Insights

Targa Resources Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 4 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 249.06.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Targa Resources Corp's Score

Industry at a Glance

Industry Ranking

4 / 97

Overall Ranking

29 / 4547

Industry

Oil & Gas Related Equipment and Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score

Previous score

Media Coverage

Last 24 hours

Coverage Level

Very Low

Very High

Neutral

Targa Resources Corp Highlights

StrengthsRisks

Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.

High Profit Growth

The company's net income leads the industry, with the latest annual income totaling USD 17.19B.

High Dividend

The company is a high dividend payer, with the latest dividend payout ratio of 48.07%.

Overvalued

The company’s latest PB is 17.22, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 201.97M shares, decreasing 2.34% quarter-over-quarter.

Held by Brandes Investmen

Star Investor Brandes Investmen holds 179.00 shares of this stock.

Analyst Rating

Based on 23 analysts

Buy

Current Rating

249.061

Target Price

+4.91%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Financial Health

Currency: USD Updated: 2026-03-24

The current financial score of Targa Resources Corp is 7.98, ranking 31 out of 97 in the Oil & Gas Related Equipment and Services industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 4.11B, representing a year-over-year decrease of 9.22%, while its net profit experienced a year-over-year decrease of 71.57%.

Score

Industry at a Glance

Previous score

7.98

Change



Financials

4.45

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.



Quality of Earnings

9.15

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.



Operational Efficiency

8.13

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.



Growth Potential

10.00

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.



Shareholder Returns

8.15

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

Targa Resources Corp's Company Valuation

Currency: USD Updated: 2026-03-24

The current valuation score of Targa Resources Corp is 6.83, ranking 76 out of 97 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is 28.88, which is 30.64% below the recent high of 37.73 and 41.33% above the recent low of 16.94.

Score

Industry at a Glance

Previous score

6.83

Change

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 4/97

Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2026-03-24

The current earnings forecast score of Targa Resources Corp is 8.25, ranking 18 out of 97 in the Oil & Gas Related Equipment and Services industry. The average price target is 200.00, with a high of 261.00 and a low of 159.21.

Score

Industry at a Glance

Previous score

8.26

Change

-0.01

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 23 analysts

Buy

Current Rating

249.061

Target Price

+4.91%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

Total

Median

Average

Company name

Ratings

Analysts

Targa Resources Corp

TRGP

Williams Companies Inc

WMB

Cheniere Energy Inc

LNG

Kinder Morgan Inc

KMI

ONEOK Inc

OKE

Enterprise Products Partners LP

EPD

...

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2026-03-24

The current price momentum score of Targa Resources Corp is 9.52, ranking 9 out of 97 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 255.74 and the support level at 230.73, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

9.08

Change

0.44

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators

Sell(1)

Neutral(2)

Buy(3)

Indicators

Value

Direction

MACD(12,26,9)

-1.792

Neutral

RSI(14)

66.740

Neutral

STOCH(KDJ)(9,3,3)

77.277

Buy

ATR(14)

5.930

Low Volatility

CCI(14)

174.973

Buy

Williams %R

5.545

Overbought

TRIX(12,20)

0.351

Sell

StochRSI(14)

100.000

Buy

Moving Average

Sell(0)

Neutral(0)

Buy(6)

Indicators

Value

Direction

MA5

239.388

Buy

MA10

239.166

Buy

MA20

237.947

Buy

MA50

218.142

Buy

MA100

196.368

Buy

MA200

180.707

Buy

Institutional Confidence

Currency: USD Updated: 2026-03-24

The current institutional shareholding score of Targa Resources Corp is 10.00, ranking 1 out of 97 in the Oil & Gas Related Equipment and Services industry. The latest institutional shareholding proportion is 94.09%, representing a quarter-over-quarter increase of 1.01%. The largest institutional shareholder is The Vanguard, holding a total of 27.96M shares, representing 13.01% of shares outstanding, with 2.98% increase in holdings.

Score

Industry at a Glance

Previous score

10.00

Change

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

The Vanguard Group, Inc.

Star Investors

28.18M

+1.50%

Wellington Management Company, LLP

19.64M

+8.99%

BlackRock Institutional Trust Company, N.A.

13.89M

-4.37%

State Street Investment Management (US)

12.51M

-2.98%

Harris Associates L.P.

Star Investors

4.16M

+1497.41%

Geode Capital Management, L.L.C.

5.82M

-0.60%

Norges Bank Investment Management (NBIM)

4.07M

+43.79%

Harvest Fund Advisors LLC

3.82M

+5.28%

Tortoise Capital Advisors, LLC

2.82M

-1.06%

D. E. Shaw & Co., L.P.

2.01M

+35.31%

Risk Assessment

Currency: USD Updated: 2026-03-24

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Targa Resources Corp is 8.61, ranking 20 out of 97 in the Oil & Gas Related Equipment and Services industry. The company's beta value is 0.83. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.