Targa Resources Corp. (TRGP)
| Market Cap | 19.37B |
| Revenue (ttm) | 16.38B |
| Net Income (ttm) | 873.50M |
| Shares Out | 222.98M |
| EPS (ttm) | 3.82 |
| PE Ratio | 22.74 |
| Forward PE | 14.87 |
| Dividend | $2.00 (2.30%) |
| Ex-Dividend Date | Oct 30, 2023 |
| Volume | 1,256,614 |
| Open | 86.47 |
| Previous Close | 86.35 |
| Day's Range | 86.07 - 86.95 |
| 52-Week Range | 64.85 - 91.44 |
| Beta | 2.20 |
| Analysts | Strong Buy |
| Price Target | 102.60 (+18.11%) |
| Earnings Date | Feb 21, 2024 |
About TRGP
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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 petroleu... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TRGP stock is "Strong Buy." The 12-month stock price forecast is $102.6, which is an increase of 18.11% from the latest price.
News
Targa Resources Corp. to Participate in Investor Conferences
HOUSTON, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Targa Resources Corp. to Participate in BofA Securities Global Energy Conference
HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Energy Stocks Look Tempting. Don't Take the Bait.
Investors weren't willing to give energy stocks valuation multiples anywhere near the market average in 2023, and they won't do it in a slowing economy.
Targa Resources Corp. Prices $2.0 Billion Offering of Senior Notes
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP), announced today the pricing of an underwritten public offering (the “Offering”) of $1.0 billio...
Targa Resources Corp. Reports Third Quarter 2023 Financial Results and Announces Expectations for a 50% Year-Over-Year Increase to 2024 Common Dividend
HOUSTON, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2023 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2023 Earnings Webcast
HOUSTON, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the third quarter of 2023.
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2022 is now available on the Company's websi...
Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream and Clean Energy Conference
HOUSTON, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at...
Oil & Gas Are Moving In August, Here Are The 3 Industry Favorites
Whether it is the forces of commodity cycles, the changing tides of a world economy, or even straight manipulation from the most prominent players who hear whispers from OPEC's next decision, the only...
Targa Resources Corp. Reports Second Quarter 2023 Financial Results
HOUSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2023 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Second Quarter 2023 Earnings Webcast
HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the second quarter of 2023.
Rising Optimism: Analysts Say "Buy" Despite Earnings Uncertainty
According to FactSet's Earnings Insights report from June 9, although analysts are forecasting S&P earnings to decline in the current quarter, they project EPS growth to return in the second half of t...
Targa Resources Corp. to Participate in J.P. Morgan Energy, Power and Renewables Conference
]HOUSTON, June 19, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will present at the J.P. Morgan Energy, ...
Raymond James Analyst on MLPs and the Outlook for Natural Gas
With solid first-quarter earnings in the rearview and lots of upside opportunity, it's an exciting time for MLPs and the midstream space. VettaFi recently sat down with Raymond James analyst J.R.
Targa Resources Corp. Reports First Quarter 2023 Financial Results
HOUSTON, May 04, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2023 results.
Targa Resources Corp. Announces the Appointment of Joel Thomas to Senior Vice President - Finance and Treasurer
HOUSTON, April 17, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that Joel Thomas has been appointed Senior Vice President - Finance and Treasu...
3 Companies That Raised Their Dividends This Week
Procter & Gamble, Qualcomm, and Targa Resources declared dividend increases this week.
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2023 Earnings Webcast
HOUSTON, April 13, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash div...
Institutions Snapping Up These 3 Energy-Sector Dividend Payers
While the broad oil-and-gas industry continues to rally, Targa Resources Corp. (NYSE: TRGP), Chesapeake Energy Corp. (NASDAQ: CHK), and EQT Corp. (NYSE: EQT) are standouts when it comes to institution...
Targa Resources Corp. to Participate in J.P. Morgan Midwest Utilities & Midstream 1x1 Forum
HOUSTON, April 04, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at...
Targa Resources Corp. to Participate in Morgan Stanley Global Energy and Power Conference
HOUSTON, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Targa Resources Corp. Announces Form 10-K Available
HOUSTON, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the yea...