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Targa Resources Corp.

TickerTRGPVenueUSSectorEnergyPrimary listingBeta0.72
$294.9+4.37%
FinScore65

Targa Resources Corp. is a United States-based company in the Energy sector with a market capitalisation of $63.2B. Its FinScore is 65/100; its highest-scoring layer is Momentum (82) and its lowest is Value (32). The shares trade at 27.9x trailing earnings and are up 58% year to date.

Market cap
$63.2B
P/E (TTM)
27.9x
Dividend yield (TTM)
1.53%
ROE
72.1%

Share price performance

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About Targa Resources Corp.

www.targaresources.com

Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.

Profile
Sector
Energy
Industry
Oil & Gas Midstream
HQ
United States
Fiscal year-end
December
Trading currency
USD
Reporting currency
USD
Fundamentals updated
73 days ago
Market
Market cap
$63.2B
Shares outstanding
214.4M
P/E (TTM)
27.9x
Dividend yield (TTM)
1.53%
Beta (issuer)
0.72
Revenue (latest FY)
$17.1B

Revenue breakdown

FY 2025$17.0B
  • Sales of Commodities
    84.6%$14.4B
  • Fees from Midstream Services
    15.4%$2.6B

FinScore

As of 2026-10-19
Overall65
Quality75
Growth66
Value32
Momentum82
Relative Strength75

Snapshot

Ownership

As of 2026-06-30
Institutional
95.8%
Insider
0.8%
Free float
98.4%
Top-5 institutional holders
34.9%
Shares outstanding
214.4M
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