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Targa Resources Corp.

  • Market Cap: Mid Cap
  • Industry: Gas
  • ISIN: US87612G1013
USD
180.02
4.3 (2.45%)

Dec 04

NYS

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  • Price Points
  • Score
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  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

175.78180.34

52 Week

144.14218.51
Valuation
Technical
Day's Volume

CASH

497.93 k

Shareholding (Mar 2025)

FII

17.52%

Held by 358 FIIs

DII

38.17%

Held by 67 DIIs

Promoter

0.15%

How big is Targa Resources Corp.?

22-Jun-2025

As of Jun 18, Targa Resources Corp. has a market capitalization of $38.01 billion, with net sales of $16.88 billion and a net profit of $1.49 billion over the latest four quarters. The balance sheet shows shareholder's funds of $2.59 billion and total assets of $23.95 billion.

As of Jun 18, Targa Resources Corp. has a market capitalization of 38,011.07 million, categorizing it as a Large Cap company.<BR><BR>As of Jun 18, the company reported net sales of 16,882.20 million and a net profit of 1,492.20 million for the latest four quarters.<BR><BR>As of Dec 24, the balance sheet shows shareholder's funds of 2,592.40 million and total assets of 23,948.60 million.

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What does Targa Resources Corp. do?

22-Jun-2025

Targa Resources Corp. is a large-cap midstream energy company in the gas industry, with recent net sales of $4.85 billion and a net profit of $279 million. Key metrics include a P/E ratio of 19.00, a dividend yield of 1.90%, and a market cap of approximately $38 billion.

Overview:<BR>Targa Resources Corp. is a midstream energy company in the Gas industry, categorized as a large-cap entity.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 4,853 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 279 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 38,011.07 Million (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Dividend Yield: 1.90% <BR>Debt Equity: 6.42 <BR>Return on Equity: 79.53% <BR>Price to Book: 15.51<BR><BR>Contact Details:<BR>Address: 1000 Louisiana St Ste 4300, HOUSTON TX: 77002-5036 <BR>Tel: 1 713 5841000 <BR>Fax: 1 713 5841100 <BR>Website: https://www.targaresources.com/

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Who are in the management team of Targa Resources Corp.?

22-Jun-2025

As of March 2022, the management team of Targa Resources Corp. includes Chairman Paul Chung, CEO Matthew Meloy, and Directors Lindsey Cooksen, Joe Perkins, James Whalen, Beth Bowman, and Charles Crisp. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Targa Resources Corp. includes the following individuals:<BR><BR>- Mr. Paul Chung, Chairman of the Board<BR>- Mr. Matthew Meloy, Chief Executive Officer and Director<BR>- Ms. Lindsey Cooksen, Director<BR>- Mr. Joe Perkins, Director<BR>- Mr. James Whalen, Director<BR>- Ms. Beth Bowman, Independent Director<BR>- Mr. Charles Crisp, Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

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Is Targa Resources Corp. technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, Targa Resources Corp. is in a bearish trend with weak momentum indicators, underperforming the S&P 500 with a year-to-date return of -14.97% compared to the S&P's 11.41%.

As of 10 October 2025, the technical trend for Targa Resources Corp. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals, while the daily moving averages also confirm a bearish outlook. The KST is bearish on a weekly basis and mildly bearish monthly, further supporting the negative trend. The Dow Theory indicates a mildly bearish position on both weekly and monthly time frames. <BR><BR>In terms of performance, Targa Resources has underperformed the S&P 500 across multiple periods, with a year-to-date return of -14.97% compared to the S&P 500's 11.41%, and a one-year return of -8.44% versus 13.36% for the benchmark.

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Is Targa Resources Corp. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Targa Resources Corp. is fairly valued with a P/E ratio of 19 and an EV/EBITDA ratio of 11.66, outperforming the S&P 500 over three years but underperforming year-to-date.

As of 17 October 2025, the valuation grade for Targa Resources Corp. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA ratio of 11.66, and a PEG ratio of 0.35, indicating a potentially attractive valuation relative to its growth prospects.<BR><BR>In comparison to peers, Targa Resources Corp. has a lower P/E ratio than Atmos Energy Corp. at 22.73 and a more favorable PEG ratio compared to Cheniere Energy Partners LP, which stands at 0.63. Notably, Targa's return over the past three years is 124.98%, significantly outperforming the S&P 500's 81.19%, although it has underperformed in the shorter term with a year-to-date return of -16.71% compared to the S&P 500's 13.30%.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Healthy long term growth as Net Sales has grown by an annual rate of 17.31% and Operating profit at 34.11%

 
2

The company has declared Positive results for the last 5 consecutive quarters

3

With ROCE of 17.06%, it has a very expensive valuation with a 2.92 Enterprise value to Capital Employed

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Gas

stock-summary
Market cap

USD 35,686 Million (Mid Cap)

stock-summary
P/E

19.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

2.16%

stock-summary
Debt Equity

6.34

stock-summary
Return on Equity

77.38%

stock-summary
Price to Book

13.79

Revenue and Profits:
Net Sales:
4,026 Million
(Quarterly Results - Jun 2025)
Net Profit:
633 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
8.09%
0%
8.09%
6 Months
12.04%
0%
12.04%
1 Year
-7.89%
0%
-7.89%
2 Years
101.57%
0%
101.57%
3 Years
139.42%
0%
139.42%
4 Years
251.33%
0%
251.33%
5 Years
578.81%
0%
578.81%

Targa Resources Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Targa Resources Corp. Hits Day High with 5.25% Surge in Stock Price

Targa Resources Corp. Hits Day High with 5.25% Surge in Stock Price

Targa Resources Corp. has shown notable stock performance, gaining 5.25% on November 5, 2025, and reaching an intraday high of USD 166.25. Despite a yearly decline, the company has demonstrated impressive long-term growth, with significant increases over three and five years, alongside strong financial metrics and consistent positive results.

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Is Targa Resources Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Targa Resources Corp. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA ratio of 11.66, and a PEG ratio of 0.35, indicating a potentially attractive valuation relative to its growth prospects. In comparison to peers, Targa Resources Corp. has a lower P/E ratio than Atmos Energy Corp. at 22.73 and a more favorable PEG ratio compared to Cheniere Energy Partners LP, which stands at 0.63. Notably, Targa's return over the past three years is 124.98%, significantly outperforming the S&P 500's 81.19%, although it has underperformed in the shorter term with a year-to-date return of -16.71% compared to the S&P 500's 13.30%....

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Targa Resources Corp. Experiences Revision in Its Stock Evaluation Amid Market Dynamics

Targa Resources Corp. Experiences Revision in Its Stock Evaluation Amid Market Dynamics

Targa Resources Corp. has recently adjusted its valuation, with a P/E ratio of 19 and a price-to-book value of 15.27. Key metrics include a low PEG ratio of 0.35 and a dividend yield of 1.93%. Despite recent performance challenges, the company has shown strong long-term growth in the gas sector.

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Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
17.31%
EBIT Growth (5y)
34.11%
EBIT to Interest (avg)
4.21
Debt to EBITDA (avg)
3.12
Net Debt to Equity (avg)
6.42
Sales to Capital Employed (avg)
1.05
Tax Ratio
19.95%
Dividend Payout Ratio
47.94%
Pledged Shares
0
Institutional Holding
94.31%
ROCE (avg)
16.98%
ROE (avg)
54.05%
Valuation key factors
Factor
Value
P/E Ratio
19
Industry P/E
Price to Book Value
15.27
EV to EBIT
17.14
EV to EBITDA
11.66
EV to Capital Employed
2.92
EV to Sales
3.15
PEG Ratio
0.35
Dividend Yield
1.93%
ROCE (Latest)
17.06%
ROE (Latest)
79.53%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 143 Schemes (44.15%)

Foreign Institutions

Held by 358 Foreign Institutions (17.52%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -17.03% vs 7.25% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 127.28% vs -32.35% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "4,026.20",
          "val2": "4,852.80",
          "chgp": "-17.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,182.30",
          "val2": "1,203.70",
          "chgp": "-1.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "218.40",
          "val2": "197.10",
          "chgp": "10.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "196.60",
          "val2": "-287.20",
          "chgp": "168.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "633.20",
          "val2": "278.60",
          "chgp": "127.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "200.80%",
          "val2": "172.30%",
          "chgp": "2.85%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 6.45% vs -27.97% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -1.77% vs 2.63% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "16,626.90",
          "val2": "15,619.20",
          "chgp": "6.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4,377.50",
          "val2": "3,522.20",
          "chgp": "24.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "767.20",
          "val2": "687.80",
          "chgp": "11.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-320.20",
          "val2": "278.70",
          "chgp": "-214.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,543.90",
          "val2": "1,571.70",
          "chgp": "-1.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "177.10%",
          "val2": "140.00%",
          "chgp": "3.71%",
          "chgp_class": "positive"
        }
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    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
4,026.20
4,852.80
-17.03%
Operating Profit (PBDIT) excl Other Income
1,182.30
1,203.70
-1.78%
Interest
218.40
197.10
10.81%
Exceptional Items
196.60
-287.20
168.45%
Consolidate Net Profit
633.20
278.60
127.28%
Operating Profit Margin (Excl OI)
200.80%
172.30%
2.85%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -17.03% vs 7.25% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 127.28% vs -32.35% in Mar 2025

All Quarterly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
16,626.90
15,619.20
6.45%
Operating Profit (PBDIT) excl Other Income
4,377.50
3,522.20
24.28%
Interest
767.20
687.80
11.54%
Exceptional Items
-320.20
278.70
-214.89%
Consolidate Net Profit
1,543.90
1,571.70
-1.77%
Operating Profit Margin (Excl OI)
177.10%
140.00%
3.71%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 6.45% vs -27.97% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -1.77% vs 2.63% in Dec 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Targa Resources Corp. stock-summary
stock-summary
Targa Resources Corp.
Gas
Targa Resources Corp. is a midstream energy company in North America. It provides midstream services. Its segments include Gathering and Processing, and Logistics and Marketing (Downstream Business). It is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas exporters; gathering, storing and terminalling crude oil, and storing, terminalling and selling refined petroleum products. The Gathering and Processing segment consists of gathering, compressing, dehydrating, treating, conditioning, processing, and marketing natural gas and gathering crude oil. The Logistics and Marketing segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain services, such as storing, fractionating, terminalling, transporting and marketing of NGLs and NGL products.
Company Coordinates stock-summary
Company Details
1000 Louisiana St Ste 4300 , HOUSTON TX : 77002-5036
stock-summary
Tel: 1 713 5841000
stock-summary
https://www.targaresources.com/
stock-summary
Registrar Details
Stock List
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