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Market Cap 18.35B P/E 21.08 EPS this Y 42.10% Ern Qtrly Grth -44.60%
Income 1.1B Forward P/E 11.63 EPS next Y 42.20% 50D Avg Chg 9.00%
Sales 16.1B PEG 0.66 EPS past 5Y 21.38% 200D Avg Chg 11.00%
Dividend 2.00% Price/Book 7.20 EPS next 5Y 37.75% 52W High Chg -1.00%
Recommedations 1.80 Quick Ratio 0.57 Shares Outstanding 221.72M 52W Low Chg 42.00%
Insider Own 1.46% ROA 7.62% Shares Float 217.93M Beta 2.26
Inst Own 93.26% ROE 30.18% Shares Shorted/Prior 3.48M/3.59M Price 81.17
Gross Margin 32.46% Profit Margin 6.98% Avg. Volume 1,572,346 Target Price 139.26
Oper. Margin 14.02% Earnings Date Aug 1 Volume 1,904,900 Change -0.54%
About Targa Resources, Inc.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Targa Resources, Inc. News
07/25/24 Insiders At Targa Resources Sold US$22m In Stock, Alluding To Potential Weakness
07/23/24 Targa Resources, Inc. (TRGP) is a Great Momentum Stock: Should You Buy?
07/21/24 A Look At The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
07/18/24 Is Targa Resources Corp (NYSE:TRGP) the Best Natural Gas Stock to Buy Now?
07/13/24 3 Dividend Stocks That Were Home Runs in the First Half (Will the Second Half Be as Good?)
07/12/24 Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now
07/11/24 Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2024 Earnings Webcast
07/05/24 Like Enterprise Products Partners But Want More Growth? You Should Check Out This Higher-Octane Rival.
07/02/24 3 Broker-Recommended Stocks That Energy Investors Must Track
07/01/24 Nvidia Among Biggest Stock Market Winners In 2024, But This Is No. 1
06/26/24 Why Targa Resources, Inc. (TRGP) is a Top Dividend Stock for Your Portfolio
06/25/24 Do Targa Resources' (NYSE:TRGP) Earnings Warrant Your Attention?
06/24/24 Targa Resources Corp. Announces Organizational Changes
06/19/24 Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for June 2024
06/17/24 Zacks Industry Outlook Highlights Targa Resources, Sunoco LP and NGL Energy Partners
06/14/24 Targa Resources Corp. to Participate in J.P. Morgan Energy, Power and Renewables Conference
06/14/24 3 Refining & Marketing MLP Stocks That Are Worth a Look
06/12/24 Insider Sale: Chief Commercial Officer Robert Muraro Sells 10,000 Shares of Targa Resources ...
06/10/24 Targa Resources, Inc. (TRGP) is a Top Dividend Stock Right Now: Should You Buy?
06/07/24 Why Is Sunoco LP (SUN) Down 2.4% Since Last Earnings Report?
TRGP Chatroom

User Image Aigner_Andreas Posted - 3 days ago

#TrendFollowing #TOP10 WK 30 BUY US $TRGP $PEG $WMB $KMI $GDDY KEX RDNT AEM DY HTGC

User Image ac81 Posted - 4 days ago

$TRGP new 52-Week high

User Image Honeystocks Posted - 4 days ago

$TRGP - Targa Resources probably won't be any many of your radars but it's been incredibly consistent this year. 1 of our high conviction ideas and recommended at $90 early this year is closing in on our $160 target. The trend is your friend til the bend at the end.

User Image SunAndStorm Posted - 1 week ago

$TRGP Added 20% to prior position. At 134.20 is at 27% in the short term trading Opportunity Rangeβ„’ for today. One of the strongest $XLE stocks as posted before... #BuyTheSlips

User Image IN0V8 Posted - 1 week ago

$TRGP RBC raises target price to $147 from $128

User Image Aigner_Andreas Posted - 1 week ago

#TrendFollowing #TOP10 WK 29 BUY US $TRGP $DY $GDDY $GLPG $KEX AEM CVLT NRG RDNT INFY

User Image pleaseletmeretireearly Posted - 1 week ago

$TRGP this has been one of my best performers since 2020. What other stocks do you like, that are similar to this, meaning not a huge following of people. I love hidden gems like this one

User Image sanjoy123 Posted - 1 week ago

$TRGP Still in a Bullish uptrend

User Image ac81 Posted - 2 weeks ago

$TRGP new 52-Week high great stock πŸ‘

User Image IN0V8 Posted - 2 weeks ago

$TRGP Mizuho raises target price to $147 from $130

User Image IN0V8 Posted - 2 weeks ago

$TRGP Stifel raises target price to $147 from $130

User Image StockInvest_us Posted - 2 weeks ago

Signal alert: $TRGP - Overbought Trend Short (Overvalued) https://stockinvest.us/l/yETWkz6aKs

User Image IN0V8 Posted - 2 weeks ago

$TRGP Tph Energy Research raises target price to $136 from $123

User Image Aigner_Andreas Posted - 2 weeks ago

#TrendFollowing #TOP10 WK 28 BUY US $TRGP $HTGC $KEX $LDOS $EAT MSI NRG CVLT GDDY DY

User Image sanjoy123 Posted - 2 weeks ago

$TRGP bullish trend upwards

User Image StockInvest_us Posted - 3 weeks ago

Signal alert: $TRGP - Overbought Trend Short (Overvalued) https://stockinvest.us/l/BsPgSIttwi

User Image IN0V8 Posted - 3 weeks ago

$TRGP 7/3 Barclays raises target price to $138 from $123

User Image Fibo_Nacci Posted - 3 weeks ago

$TRGP Ten year cup and handle??

User Image Fibo_Nacci Posted - 3 weeks ago

$TRGP Note to self: buy if pulls back to 40 ema

User Image ac81 Posted - 3 weeks ago

$TRGP new 52-Week high every day great stock πŸ‘

User Image SunAndStorm Posted - 3 weeks ago

$TRGP +3.52% since Fri. buy. $XLE is +0.55%. We'll see if that continues...

User Image InsiderPeek Posted - 3 weeks ago

$TRGP Chief Commercial Officer Muraro Robert sold 9.9k shares for $1.3 millions (ownership down 5.03%) insiderpeek.com/company/TRGP

User Image WallStWingman Posted - 3 weeks ago

$TRGP Still burning that vapor, but the tank is likely getting low and could use a refill

User Image IN0V8 Posted - 3 weeks ago

$TRGP Citigroup raises target price to $148 from $130 JP Morgan raises target price to $145 from $140

User Image Aigner_Andreas Posted - 3 weeks ago

#TrendFollowing #TOP10 WK 27 BUY US $TRGP $CMRE $IBKR $HTGC $EAT LDOS KEX DY GDDY CVLT

User Image DonCorleone77 Posted - 3 weeks ago

$TRGP Targa Resources price target raised to $145 from $140 at JPMorgan JPMorgan analyst Jeremy Tonet raised the firm's price target on Targa Resources to $145 from $140 and keeps an Overweight rating on the shares after speaking with its management. The discussion has built off the constructive management commentary at the EPR conference around better than initially expected Permian inlet volume growth following conservative commentary on the May call given Permian gas takeaway tightness, and this strength should carry through the remainder of 2024 and into 2025, the analyst tells investors in a research note.

User Image Crom5775 Posted - 3 weeks ago

$TRGP new 52 week high. I like how it has used its rising 50sma as a support area as it rises (blue line)

User Image ac81 Posted - 3 weeks ago

$TRGP new 52-Week high great stock πŸ‘

User Image ac81 Posted - 06/29/24

$TRGP new 52-Week high great stock πŸ‘

User Image insiderbuyingselling Posted - 06/28/24

$TRGP new insider selling: 100 shares. http://insiderbuyingselling.com/?t=TRGP

Analyst Ratings
Scotiabank Sector Outperform Jul 17, 24
Barclays Overweight Jul 3, 24
JP Morgan Overweight Jul 2, 24
Argus Research Buy Jun 26, 24
UBS Buy Jun 11, 24
Morgan Stanley Overweight Jun 10, 24
Truist Securities Buy Jun 10, 24
JP Morgan Overweight Jun 7, 24
RBC Capital Outperform May 16, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Muraro Robert Chief Commercial Off.. Chief Commercial Officer Dec 04 Sell 89.6527 2,500 224,132 184,521 12/06/23
Boushka Julie H. Senior VP and CAO Senior VP and CAO Aug 04 Sell 85 3,530 300,050 61,066 08/08/23
Boushka Julie H. Senior VP and CAO Senior VP and CAO Jul 21 Sell 80 2,184 174,720 64,596 07/25/23
Chung Paul W Director Director Dec 05 Sell 76.00 100 7,600 218,412 12/07/22
Muraro Robert Chief Commercial Off.. Chief Commercial Officer Sep 06 Sell 69.559 5,000 347,795 181,947 09/08/22
Gregory Regina See Remarks See Remarks Aug 10 Sell 67.3914 6,494 437,640 55,592 08/11/22
REDD ERSHEL C JR Director Director May 11 Sell 71.49 2,400 171,576 27,033 05/12/22
Muraro Robert Chief Commercial Off.. Chief Commercial Officer Apr 20 Sell 80.1044 10,000 801,044 186,947 04/21/22
Perkins Joe Bob Director Director Apr 14 Sell 78.37 66,350 5,199,850 331,867 04/18/22
Perkins Joe Bob Director Director Apr 12 Sell 78.02 73,650 5,746,173 370,273 04/14/22
JOYCE RENE R Director Director May 13 Sell 36.69 41,425 1,519,883 391,292 05/13/21
WHALEN JAMES W Director Director May 10 Sell 37.5 45,000 1,687,500 170,549 05/10/21
Perkins Joe Bob Director Director Apr 16 Sell 32.58 30,000 977,400 470,283 04/16/21
WHALEN JAMES W Director Director Mar 10 Sell 35 40,000 1,400,000 181,799 03/10/21
WHALEN JAMES W Director Director Jan 11 Sell 30 20,000 600,000 176,694 01/11/21