TRGP

Targa Resources Inc. Common Stock (TRGP)

Stock · NYSE · Utilities

$287.82as of 8/28/2026

AI Market Commentary

AI-generated

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

August 30, 2026

Targa Resources Names Benjamin Branstetter as New CFO. Targa Resources has appointed Benjamin Branstetter as its new Chief Financial Officer, succeeding William Byers in the role. The leadership change comes alongside other recent positive signals for the company, including RBC Capital raising its price target on the stock to $338 while maintaining an Outperform rating. The appointment follows a strong midstream earnings season in which Targa was among the operators helping lift the sector's full-year outlook.

Active signals

No technical signal is currently active for this symbol.

Support level
$268.32
Industry
Natural Gas Distribution

About TRGP

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic 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,…

Sector
Utilities
Industry
Natural Gas Distribution
Employees
3,570

Fundamentals

1-day range
$268.45$277.16
Market cap
$56.79B
P/E (trailing)
26.39
P/E (forward)
22.96
EPS (trailing)
$10.45
Dividend yield
1.81%
Beta
0.72
Avg. volume
1.19M
Ex-dividend date
July 31, 2026
Dividend pay date
August 14, 2026
52-week range
$144.14$291.04
Next earnings: November 5, 2026 · EPS estimate $2.81Before Openconfirmed

How Targa Resources Inc. Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$17.03BNet Income$1.92B (11%)Cost of Revenue$10.51B (62%)Other$3.66B (22%)Tax$529.70M (3%)SG&A$406.00M (2%)TRGP

Source: 10-K filed Feb 19, 2026 · via SEC EDGAR / Finnhub

Forecasts

21 analyst ratings

Buy 87%
Hold 13%
Sell 0%
1-year price forecast
High
$335
+16.4%
Median
$303
+5.3%
Low
$257
-10.7%

Targa Resources Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • TRGP
    Targa Resources Inc. Common Stock
    $287.82
    ▼ 0.39%
    Market cap $56.79BP/E 26.39
    $144.14$291.04
  • SRE
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  • TRP
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    ▼ 0.34%
    Market cap $65.86BP/E 24.68
    $69.41$100.18
  • KMI
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    $31.55
    ▲ 0.03%
    Market cap $69.92BP/E 20.75
    $25.6$34.81
  • WMB
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    $73.72
    ▼ 0.64%
    Market cap $86.14BP/E 29.33
    $56.09$80.08
  • WES
    Western Midstream Partners LP Common Units Representing Limited Partner Interests
    $48.3
    ▲ 1.02%
    Market cap $19.31BP/E 15.54
    $36.9$50.07
  • DINO
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    $99.69
    ▲ 2.77%
    Market cap $15.76BP/E 8.53
    $45.71$100.13

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions
Acquired
477
Disposed
98.2K

Institutional Ownership

March 31, 2026

Total shares held
180.33M
Total value held
$43.94B
Institutional holders
1017
Top holders this quarter
  • Unknown20.54M
  • Unknown15.04M
  • Unknown13.95M
  • Unknown13.60M
  • Unknown8.72M
  • Unknown6.01M
  • Unknown3.55M
  • Unknown3.34M
  • Unknown3.22M
  • Unknown3.15M

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