Targa Resources Corp is primarily active in the energy and petroleum industries.

The main competitors of Targa Resources Corp in the market include Enterprise Products Partners LP, Kinder Morgan Inc, and Energy Transfer LP.

Targa Resources Corp, founded in 2005, is a leading provider of midstream energy services in North America. With headquarters in Houston, Texas, Targa operates across multiple regions, including the Permian Basin, Gulf Coast, and Bakken Shale. The company focuses on the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs). Targa has built an extensive network of pipelines, storage facilities, and processing plants to support the energy industry's needs. With a commitment to safety, environmental responsibility, and customer satisfaction, Targa Resources Corp has become a trusted partner for producers and consumers in the energy sector.

Targa Resources Corp has achieved several significant milestones over the years. One notable accomplishment is its successful expansion of pipeline networks and infrastructure. By investing in the development of gathering systems and storage facilities, Targa Resources Corp has enhanced its ability to transport and store energy resources efficiently. Additionally, the company has made strategic acquisitions, enabling it to broaden its footprint and diversify its operations. Targa Resources Corp also consistently focuses on maintaining strong relationships with customers, prioritizing safety and reliability in its services. With these achievements, Targa Resources Corp has demonstrated its commitment to growth and innovation in the energy industry.

Targa Resources Corp is primarily present in the United States, with a strong presence in key resource-rich regions such as the Permian Basin, Eagle Ford Shale, and Bakken Shale. The company strategically operates and serves customers across various states, including Texas, Oklahoma, Louisiana, and North Dakota. With its extensive pipeline infrastructure and storage facilities, Targa Resources has established itself as a leading midstream energy company in the U.S., connecting producers and consumers of natural gas and petroleum products.

Targa Resources Corp represents values of integrity, commitment, and excellence. The company follows a corporate philosophy focused on sustainable growth, operational efficiency, and delivering value to shareholders. Targa Resources prioritizes safety and environmental stewardship in its operations, promoting a culture of responsible business practices. With a strong emphasis on customer service, the company strives to meet the evolving energy needs of its customers while maintaining strong relationships. Targa Resources Corp is committed to operational excellence, financial strength, and long-term success, making it a reputable and reliable player in the energy infrastructure industry.

Analysts currently set an average price target of 233.17 USD for the Targa Resources stock (median: 229.50 USD), implying -12.6 % versus the latest price. The consensus is based on 29 analyst ratings.

Targa Resources Analyst Price Targets 2026

29 analysts currently rate the Targa Resources stock: 26 recommend buying, 2 holding and 1 selling. For 2026, analysts expect Targa Resources to generate revenue of 19.48 B USD and earnings per share of 11.77 USD.

Targa Resources Analyst Price Targets 2026

Converted at the current exchange rate, the Targa Resources share trades at 238.45 EUR (275.79 USD).

The Targa Resources share (TRGP) is listed on 7 stock exchanges, including: NYSE (TRGP), Frankfurt (TAR.F), München (TAR.MU), Düsseldorf (TAR.DU), London (0LD9.L), London (0LD9.L), SIX (Zürich) (TAR.SW).

Targa Resources Corp is a leading company in the energy industry specializing in the exploration, production, transportation, and processing of natural gas, petroleum, and liquified natural gases (LNG). The company's business model includes upstream, midstream, and downstream operations. In the upstream segment, Targa Resources Corp is involved in the exploration and production of natural gas and petroleum. In the midstream segment, the company provides transportation and storage services through its extensive pipeline network. Targa Resources Corp also specializes in the processing, refining, and marketing of NGLs in the downstream segment. Additionally, the company offers direct production and sales services, including specialized brokerage services and customized processing and transportation solutions. Targa Resources Corp prioritizes environmentally-friendly and sustainable business practices, investing in advanced technologies to optimize production, reduce emissions, and minimize environmental impact. Overall, Targa Resources Corp is a well-known company in the energy industry offering a wide range of services and products with a focus on innovation, customization, and responsible resource utilization.

The expected revenue of Targa Resources is 19.48 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Targa Resources is 2.53 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Targa Resources is currently 23.43. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Targa Resources stock.

The price-to-sales ratio (P/S) of Targa Resources is currently 3.04. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Targa Resources stock.

The Eulerpool Quality Score for Targa Resources is 5/10.

The ISIN of Targa Resources is US87612G1013. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Targa Resources is A1C9E3. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Targa Resources is TRGP. The ticker symbol is used to trade Targa Resources shares on the stock exchange.

Over the past 12 months, Targa Resources paid a dividend of 3.75 USD . This corresponds to a dividend yield of about 1.36 %. For the coming 12 months, Targa Resources is expected to pay a dividend of 5.40 USD.

The current dividend yield of Targa Resources is 1.36 %.

Targa Resources pays a dividend, distributed in the months of , , , .

Targa Resources paid dividends every year for the past 15 years.

For the upcoming 12 months, dividends amounting to 5.40 USD are expected. This corresponds to a dividend yield of 2.01 %.

Targa Resources is assigned to the 'Energy' sector.

In the year 2025, Targa Resources distributed 2.75 USD as dividends.

The dividends of Targa Resources are distributed in USD.