Targa Resources Corp. (TRGP) Stock

Targa Resources Corp. (TRGP) is a Utilities stock trading at $259.09 (as of 2026-06-18), with a market capitalization of $54.75B and a trailing P/E of 26.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Targa Resources Corp. and its subsidiary own, operate, acquire, and develop midstream energy assets in North America. It operates in Gathering and Processing and Logistics and Transportation, providing services and selling natural gas, natural gas liquids and related products, and crude oil through gathering, processing, storage, terminaling, and transportation for customers including retailers, refineries, petrochemical companies, and other end users.

Valuation — source: SEC EDGAR (first-party)
Price$259.09
Market Cap$54.75B
P/E Ratio26.1
EV / EBITDA14.2
Price / Book16.75
Price / Sales3.31
DCF Value (model)$0.22
DCF Upside vs Price-99.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$17.03B
Net Margin11.3%
Return on Equity65.2%
Debt / Equity5.85
Current Ratio0.72
Revenue Growth (YoY)-10.2%
EPS Growth (YoY)144.0%
FCF Growth (YoY)-198.6%
Financial Health — source: SEC EDGAR
Altman Z-Score3.40 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E26.1
Sector P/E (Utilities)21.9
Industry P/E (Utilities)21.3
vs Sector19.0%
vs Industry22.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($5.20B)
Institutional Holders Tracked10
Congressional Trades (recent)8
Company
SectorUtilities
IndustryUtilities
CEOMatthew J. Meloy
Employees3,370
CountryUS
IPO Date2010-12-07

Related Companies (Business model: Refining & Midstream Energy; 8 closest by revenue (market cap unavailable); US-domiciled)

  • Kinder Morgan, Inc. (KMI)
  • ONEOK, Inc. (OKE)
  • Cheniere Energy, Inc. (LNG)
  • TC Energy Corporation (TRP)
  • The Williams Companies, Inc. (WMB)
  • HF Sinclair Corporation (DINO)
  • CVR Energy, Inc. (CVI)
  • Delek US Holdings, Inc. (DK)
TRGP earnings history · TRGP institutional & insider holders · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.