Targa Resources Corp. Hits New 52-Week High of $232.93

Targa Resources Corp. has reached a significant milestone by hitting a new 52-week high of USD 232.93 on February 23, 2026. This achievement underscores the company's strong performance in the gas industry, where it has demonstrated a remarkable one-year performance of 93.37%, significantly outpacing the S&P 500's 12.95% during the same period. With a market capitalization of USD 51,377 million, Targa Resources Corp. is classified as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 17.00, reflecting its valuation relative to earnings. Additionally, the company offers a dividend yield of 1.70%, which may appeal to income-focused investors. Targa Resources Corp. also showcases impressive financial metrics, including a return on equity of 70.52%, indicating strong profitability relative to shareholder equity. The company's debt-to-equity ratio is 5.49, highlighting its capital structure. The stock's 52-week low was recorded at USD 144.14, marking a significant upward trend in its price performance over the past year.