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Market Cap 18.35B P/E 21.08 EPS this Y 51.20% Ern Qtrly Grth -9.40%
Income 1.06B Forward P/E 11.63 EPS next Y 37.70% 50D Avg Chg 9.00%
Sales 16.26B PEG 1.24 EPS past 5Y 26.25% 200D Avg Chg 11.00%
Dividend 2.00% Price/Book 7.20 EPS next 5Y 21.50% 52W High Chg -1.00%
Recommedations 1.70 Quick Ratio 0.48 Shares Outstanding 219.08M 52W Low Chg 42.00%
Insider Own 1.45% ROA 7.39% Shares Float 215.36M Beta 2.25
Inst Own 92.46% ROE 29.88% Shares Shorted/Prior 3.32M/3.30M Price 81.17
Gross Margin 32.33% Profit Margin 6.72% Avg. Volume 1,572,346 Target Price 154.13
Oper. Margin 17.61% Earnings Date Oct 31 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
07:27 AM TC Energy Exits North Dakota's $2 Billion Carbon Capture Project
05:00 AM Zacks Industry Outlook Highlights Targa Resources, Western Midstream Partners and Sunoco
12/02/24 Time to Take a Look at 3 Refining & Marketing MLP Stocks
12/02/24 Chevron vs. California: The New Fuel Regulatory Law Debate
12/02/24 TC Energy to Receive C$199M for Coastal GasLink Pipeline Project
11/29/24 Suncor's Alberta Firebag Oil Sands Site Breaks Crude Output Record
11/29/24 TC Energy & Hanwha Join Forces to Create Carbon-Free Power
11/28/24 Should You Be Excited About Targa Resources Corp.'s (NYSE:TRGP) 34% Return On Equity?
11/28/24 Cheniere Energy's Corpus Christi Expansion Gets FERC Approval
11/27/24 Chevron-CalBio Announce Completion of RNG Facility in California
11/26/24 ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies
11/26/24 Petrobras-Yara Partner to Revive Fertilizer Production in Brazil
11/25/24 Halliburton Announces Expansion in Namibia by Opening New Facilities
11/22/24 NOV's Quick Connector Streamlines Lifting for Offshore Industry
11/21/24 Is TechnipFMC (FTI) Stock Outpacing Its Oils-Energy Peers This Year?
11/21/24 Oceaneering to Sell Its Entertainment Unit to Infinite Acquisitions
11/21/24 TRP Revises Plan to Sale NGTL System Stake to Indigenous Communities
11/21/24 3 No-Brainer Energy Stocks to Buy With $1,000 Right Now
11/20/24 Shell Exits Carbon Offset Market: A Pivot for Strategic Shift
11/20/24 TC Energy Forecasts Growth With C$1.5B Projects and Higher 2025 EBITDA
TRGP Chatroom

User Image sgattu920 Posted - 21 hours ago

$TRGP what's wrong with this?

User Image DJ_JizzyJef_n_FleshPrinz Posted - 11/30/24

$BREA $TRGP optimizes energy, $BREA optimizes team synergy.

User Image PenkeTrading Posted - 11/29/24

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Targa Resources Inc. Is that bullish or bearish? $TRGP #RsiOverbought #NYSE

User Image TickerDD_com Posted - 11/29/24

Play Stonk Trivia! 5 Competitors for $TRGP and its company Targa Resources https://youtu.be/YCRYxlB_2qE

User Image NoLimitKhalil Posted - 11/23/24

$TRGP 300 ?

User Image jeffmeredith Posted - 11/22/24

@osubuckeye $TRGP too extended to chase, agreed. I’m on my last third, it’s been a monster

User Image Sebast_Texas Posted - 11/21/24

$TRGP So overbought. Needs to cool down. Trading short term pull back.

User Image ac81 Posted - 11/21/24

$TRGP new 52 week high

User Image TickerDD_com Posted - 11/21/24

Play Stonk Trivia! 5 Strangest Market Events for $TRGP and its company Targa Resources https://youtu.be/xWOppv68_xA

User Image net0trader Posted - 11/21/24

@Monkey_Banana_Genius my only XLE name is $TRGP, sold off pretty much all of them, including $FANG (one of the best run west Texas name) and moved the money to IGV/crypto names over there last year. One of the issue I noticed is that some of these west Texas names has been limiting their drilling permits and scaling back drilling activities to let the market catch up with the supply side gluttony. Though there oil firm can survive even at $40/barrel, they want to ideally keep the price between 80-100. I may buy back my O&G names if I start seeing ramp up activities in the west Texas.

User Image TickerDD_com Posted - 11/20/24

Play Stonk Trivia! 5 Strangest Market Events for $TRGP and its company Targa Resources https://youtu.be/xWOppv68_xA

User Image ac81 Posted - 11/20/24

$TRGP great stock

User Image ac81 Posted - 11/19/24

$TRGP new 52 qeek high

User Image jeffmeredith Posted - 11/18/24

$TRGP $199.76 ath, up 128% ytd

User Image NoLimitKhalil Posted - 11/18/24

$TRGP 200 areas otw

User Image ac81 Posted - 11/18/24

$TRGP new 52 week high

User Image jeffmeredith Posted - 11/15/24

$TRGP What a run!

User Image danelfin Posted - 11/15/24

How sharp were our AI-powered ratings for $TRGP in the past? Danelfin's 836 past BUY signals for $TRGP since Jan. 2017 achieved average positive performance, alpha, and win rate across various investing time frames. Not indicative of future results. https://danelfin.com/stock/TRGP#track-record

User Image danelfin Posted - 11/15/24

$TRGP chart since May 2024. Green dots are past AI-powered BUY signals. In the 3M forecast, the central dotted line is the most expected price path (+12.18%). The shaded area (-6.83% to +31.15%) is the expected price range based on prev. BUY signals (90% confidence level). Suggested $TRGP trading parameters (3M horizon): entry $192, stop loss $178, take profit $237.42.

User Image danelfin Posted - 11/15/24

For our #AI, $TRGP is a BUY (AI Score 9/10) based on the probability of beating the market in 3 months after analyzing 10,000 fundamental, technical, and sentiment stock features. Complete AI-powered $TRGP analysis: https://danelfin.com/stock/TRGP

User Image ac81 Posted - 11/11/24

$TRGP new 52 week high

User Image Truthbetold2 Posted - 11/10/24

$TRGP

User Image Skipper747 Posted - 11/09/24

@mrd48 $TRGP, $PLTR or $TSSI have all been very profitable for me.

User Image GorillaTrades Posted - 11/08/24

Top 3 #Momentum #Stocks In The GorillaTrades #Portfolio This Week: Planet Fitness $PLNT +20.5%, Targa Resources $TRGP +16.3%, and Goldman Sachs $GS +14.5%

User Image ac81 Posted - 11/08/24

$TRGP new 52 week high

User Image net0trader Posted - 11/08/24

@MaverikIT @IsabellaDC will you believe if I say this is a o&g stock??? Going going gone… one of my fav in this space $TRGP

User Image danelfin Posted - 11/08/24

How sharp were our AI-powered ratings for $TRGP in the past? Danelfin's 836 past BUY signals for $TRGP since Jan. 2017 achieved average positive performance, alpha, and win rate across various investing time frames. Not indicative of future results. https://danelfin.com/stock/TRGP#track-record

User Image danelfin Posted - 11/08/24

$TRGP chart since May 2024. Green dots are past AI-powered BUY signals. In the 3M forecast, the central dotted line is the most expected price path (+11.99%). The shaded area (-6.55% to +30.56%) is the expected price range based on prev. BUY signals (90% confidence level). Suggested $TRGP trading parameters (3M horizon): entry $188, stop loss $174, take profit $231.67.

User Image danelfin Posted - 11/08/24

For our #AI, $TRGP is a BUY (AI Score 9/10) based on the probability of beating the market in 3 months after analyzing 10,000 fundamental, technical, and sentiment stock features. Complete AI-powered $TRGP analysis: https://danelfin.com/stock/TRGP

User Image IN0V8 Posted - 11/07/24

$TRGP Opportunity Capital One Securities raises target to $200 from $180

Analyst Ratings
Goldman Sachs Buy Sep 19, 24
RBC Capital Outperform Aug 13, 24
Truist Securities Buy Aug 5, 24
Wells Fargo Overweight Aug 5, 24
Goldman Sachs Buy Aug 2, 24
Seaport Global Buy Jul 30, 24
Scotiabank Sector Outperform Jul 17, 24
Barclays Overweight Jul 3, 24
JP Morgan Overweight Jul 2, 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