Targa Resources Corp. Hits New 52-Week High of $252.38

3 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 notable one-year growth rate. The company, with a market capitalization of over USD 53 billion, shows solid financial health through its return on equity and dividend yield, despite a high debt-to-equity ratio.
Targa Resources Corp. Hits New 52-Week High of $252.38
Targa Resources Corp. has reached a significant milestone by hitting a new 52-week high of USD 252.38 on March 26, 2026. This achievement underscores the company's robust performance in the gas industry, where it has demonstrated a remarkable one-year performance of 108.91%, significantly outpacing the S&P 500's 13.39% 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 relative to earnings. Additionally, the company offers a dividend yield of 1.64%, providing a return to its shareholders. Targa's financial health is further illustrated by a return on equity of 70.52%, indicating effective management of equity capital. The company's debt-to-equity ratio is 5.49, which suggests a higher reliance on debt financing. Overall, Targa Resources Corp.'s recent performance and financial metrics highlight its strong position within the gas industry.
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