Company Profile · Energy

Targa Resources Inc

TRGP · US
Exchange
US
Country
USA
IPO date
Dec 7, 2010
Employees
3,570
Current Price
$258.58
Live · Jun 18, 2026
Fair Buy
≤ $245
Margin-of-safety entry
Baillie Growth Score
47/100
Weak
Intrinsic Value · Three-Tier Range Current price $258.58 Live · Within the conservative intrinsic-value range · significant margin of safety

Composite valuation range · conservative $220–$260 / fair $300–$360 / optimistic $420–$480. At $258.58, Within the conservative intrinsic-value range · significant margin of safety.

At publication $276.75 (May 26, 2026)

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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, 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 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. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Market cap$55.74B
Revenue (TTM)$16.56B
EBITDA$5.22B
Profit margin12.87%
ROE74.1%
P/E (TTM)26.53
Forward P/E23.81
PEG1.1
EPS$9.79
Dividend yield1.62%
52-week range$141.77 – $280.00
Analyst target$283.90
Analyst rating4.5 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

History

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Industry position

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