Targa Resources Corp.

  • Market Cap: Mid Cap
  • Industry: Gas
  • ISIN: US87612G1013
USD
198.67
-2.85 (-1.41%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

359.35 k

Shareholding (Sep 2025)

FII

17.33%

Held by 358 FIIs

DII

36.95%

Held by 68 DIIs

Promoter

0.18%

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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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 40,798 Million (Mid Cap)

stock-summary
P/E

19.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

2.02%

stock-summary
Debt Equity

6.26

stock-summary
Return on Equity

75.53%

stock-summary
Price to Book

15.07

Revenue and Profits:
Net Sales:
4,202 Million
(Quarterly Results - Sep 2025)
Net Profit:
484 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
31.12%
0%
31.12%
6 Months
18.7%
0%
18.7%
1 Year
-3.19%
0%
-3.19%
2 Years
128.25%
0%
128.25%
3 Years
169.05%
0%
169.05%
4 Years
242.83%
0%
242.83%
5 Years
625.87%
0%
625.87%

Targa Resources Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
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)
1.00
Tax Ratio
19.95%
Dividend Payout Ratio
47.94%
Pledged Shares
0
Institutional Holding
94.78%
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
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 145 Schemes (45.53%)

Foreign Institutions

Held by 358 Foreign Institutions (17.33%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ",
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          "field": "Interest",
          "val1": "221.30",
          "val2": "218.40",
          "chgp": "1.33%",
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          "val2": "196.60",
          "chgp": "-137.95%",
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          "field": "Consolidate Net Profit",
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          "val2": "633.20",
          "chgp": "-23.61%",
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "278.70",
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Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQstock-summary

Sep'25
Jun'25
Change(%)
Net Sales
4,201.70
4,026.20
4.36%
Operating Profit (PBDIT) excl Other Income
1,268.20
1,182.30
7.27%
Interest
221.30
218.40
1.33%
Exceptional Items
-74.60
196.60
-137.95%
Consolidate Net Profit
483.70
633.20
-23.61%
Operating Profit Margin (Excl OI)
210.60%
200.80%
0.98%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2025 is 4.36% vs -17.03% in Jun 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Sep 2025 is -23.61% vs 127.28% in Jun 2025

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.
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

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
Registrar Details