Targa Resources Corp. Hits New 52-Week High at $253.25

4 hours ago
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Targa Resources Corp. has achieved a new 52-week high, reflecting its strong performance in the gas industry with a one-year growth of 108.68%. The company, with a market cap of USD 53,109 million, shows robust financial metrics, including a return on equity of 70.52% and a P/E ratio of 25.00.
Targa Resources Corp. Hits New 52-Week High at $253.25
Targa Resources Corp. has reached a significant milestone by hitting a new 52-week high of USD 253.25 on March 27, 2026. This achievement underscores the company's strong performance in the gas industry, where it has demonstrated a remarkable one-year performance of 108.68%, significantly outpacing the S&P 500's 11.87% during the same period.
With a market capitalization of USD 53,109 million, Targa Resources Corp. is classified as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 25.00, reflecting its valuation in the market. Additionally, the company offers a dividend yield of 1.64%, which may appeal to income-focused investors. Targa's financial metrics indicate a robust return on equity of 70.52%, showcasing its efficiency in generating profits from shareholders' equity. The company's price-to-book ratio is 17.31, and it maintains a debt-to-equity ratio of 5.49, highlighting its capital structure. Overall, Targa Resources Corp.'s recent performance and financial indicators position it favorably within the gas industry.
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