TRGP
Neutral signalScored 2026-08-29 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
Research, not advice.
À propos
Targa Resources Corp.
- Nom
- Targa Resources Corp.
- Secteur
- Energy
- Industrie
- Oil & Gas Midstream
- Bourse
- NYSE
- Capitalisation
- $64.8B
- Employés
- 3,570
- PDG
- Matthew J. Meloy
- Site web
- https://www.targaresources.com
- Marché
- DKLEPDKMIMPLXNGLOKE
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.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 5 400 titres (~1 582 036,80 $ US)
- Insiders
- CRISP CHARLES RDavis Waters S IV
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,049,940
Avg sell (VWAP, 90d window) $292.46 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-08-25
- Last synced
-
2026-08-31 10:14:36
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-25 | CRISP CHARLES R | Sell · S | 3,000 | $290.23 | $870,690 | Form 4 |
| 2026-08-21 | Davis Waters S IV | Sell · S | 590 | $303.81 | $179,250 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-02-10 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-01-09 | Gilbert Cisneros | Sale (Full) | $1,001 - $15,000 |
| 2025-12-19 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2025-11-18 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2025-11-12 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2025-07-22 | Lisa McClain | Purchase | $1,001 - $15,000 |
| 2020-11-12 | Kenny Marchant | Sale (Full) | $50,001 - $100,000 |
| 2020-11-12 | Kenny Marchant | Sale (Full) | $15,001 - $50,000 |
| 2020-01-30 | Susie Lee | Sale (Partial) | $1,001 - $15,000 |
| 2020-01-29 | Susie Lee | Sale (Partial) | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-08-29 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
TRGP presents a compelling earnings catalyst with strong midstream operational momentum and a raised full-year outlook, supported by robust profitability metrics (ROE, ROIC).
The first sentence of the analysis written for TRGP on 2026-08-29 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.67 · operating margin 20% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 26.5% | 20.0% | 16.2% | 12.9% | 12.0% | |
| Ebit Margin | 19.5% | 16.3% | 16.8% | 9.7% | 4.7% | |
| Ebitda Margin | 28.3% | 24.9% | 25.4% | 14.8% | 9.7% | |
| Operating Profit Margin | 20.1% | 17.7% | 14.0% | 11.5% | 10.4% | |
| Pretax Profit Margin | 14.5% | 11.7% | 12.4% | 7.7% | 2.5% | |
| Continuous Operations Profit Margin | 11.4% | 9.3% | 10.1% | 7.1% | 2.4% | |
| Net Profit Margin | 10.8% | 7.6% | 5.3% | 5.3% | 0.4% | |
| Bottom Line Profit Margin | 10.8% | 7.6% | 5.3% | 4.1% | -0.1% | |
| Current Ratio | 0.666 | 0.724 | 0.795 | 0.768 | 0.770 | |
| Quick Ratio | 0.545 | 0.618 | 0.660 | 0.640 | 0.703 | |
| Solvency Ratio | 0.153 | 0.148 | 0.135 | 0.154 | 0.094 | |
| Cash Ratio | 0.047 | 0.050 | 0.051 | 0.071 | 0.069 | |
| Price To Earnings Ratio | 21.604 | 30.936 | 23.542 | 18.608 | -742.045 | |
| Price To Earnings Growth Ratio | 0.450 | 0.549 | -3.577 | -0.003 | 7.493 | |
| Forward Price To Earnings Growth Ratio | 0.450 | 0.549 | -3.577 | -0.003 | 7.493 | |
| Price To Earnings Diluted Ratio | 21.655 | 31.098 | 23.735 | 18.943 | -742.045 | |
| Price To Earnings Diluted Growth Ratio | 0.447 | 0.547 | -4.186 | -0.003 | 7.493 | |
| Price To Book Ratio | 12.930 | 15.162 | 7.122 | 6.267 | 5.936 | |
| Price To Sales Ratio | 2.315 | 2.364 | 1.249 | 0.770 | 0.685 | |
| Price To Free Cash Flow Ratio | 67.912 | 57.473 | 23.615 | 15.964 | 6.643 | |
| Price To Operating Cash Flow Ratio | 10.126 | 10.770 | 6.075 | 7.017 | 5.186 | |
| Debt To Assets Ratio | 0.696 | 0.627 | 0.629 | 0.591 | 0.436 | |
| Debt To Equity Ratio | 5.719 | 5.503 | 4.749 | 4.338 | 3.296 | |
| Debt To Capital Ratio | 0.851 | 0.846 | 0.826 | 0.813 | 0.767 | |
| Long Term Debt To Capital Ratio | 0.842 | 0.839 | 0.815 | 0.798 | 0.761 | |
| Financial Leverage Ratio | 8.220 | 8.770 | 7.545 | 7.338 | 7.559 | |
| Working Capital Turnover Ratio | -16.634 | -23.051 | -24.474 | -35.009 | -41.143 | |
| Operating Cash Flow Ratio | 1.104 | 1.150 | 1.163 | 0.776 | 1.002 | |
| Operating Cash Flow Sales Ratio | 0.229 | 0.220 | 0.206 | 0.110 | 0.132 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.149 | 0.187 | 0.257 | 0.440 | 0.781 | |
| Debt Service Coverage Ratio | 2.827 | 3.422 | 2.853 | 2.470 | 3.132 | |
| Interest Coverage Ratio | 4.042 | 3.837 | 3.179 | 5.568 | 4.692 | |
| Short Term Operating Cash Flow Coverage Ratio | 5.786 | 11.060 | 5.585 | 2.976 | 15.353 | |
| Operating Cash Flow Coverage Ratio | 0.223 | 0.256 | 0.247 | 0.206 | 0.347 | |
| Capital Expenditure Coverage Ratio | 1.175 | 1.231 | 1.346 | 1.784 | 4.559 | |
| Dividend Paid And Capex Coverage Ratio | 0.944 | 1.019 | 1.142 | 1.389 | 3.325 | |
| Dividend Payout Ratio | 0.444 | 0.485 | 0.516 | 0.332 | 2.633 | |
| Enterprise Value Multiple | 11.752 | 12.906 | 8.165 | 8.739 | 10.836 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 26.5% | ▲6.5% | ▲9.0% |
| Ebit Margin | 19.5% | ▲3.2% | ▲6.1% |
| Ebitda Margin | 28.3% | ▲3.4% | ▲7.7% |
| Operating Profit Margin | 20.1% | ▲2.4% | ▲5.4% |
| Pretax Profit Margin | 14.5% | ▲2.9% | ▲4.8% |
| Continuous Operations Profit Margin | 11.4% | ▲2.1% | ▲3.4% |
| Net Profit Margin | 10.8% | ▲3.1% | ▲4.9% |
| Bottom Line Profit Margin | 10.8% | ▲3.1% | ▲5.2% |
| Current Ratio | 0.666 | ▼-0.058 | ▼-0.079 |
| Quick Ratio | 0.545 | ▼-0.073 | ▼-0.088 |
| Solvency Ratio | 0.153 | ▲0.005 | ▲0.016 |
| Cash Ratio | 0.047 | ▼-0.003 | ▼-0.011 |
| Price To Earnings Ratio | 21.604 | ▼-9.332 | ▲151.075 |
| Price To Earnings Growth Ratio | 0.450 | ▼-0.099 | ▼-0.532 |
| Forward Price To Earnings Growth Ratio | 0.450 | ▼-0.099 | ▼-0.532 |
| Price To Earnings Diluted Ratio | 21.655 | ▼-9.443 | ▲150.978 |
| Price To Earnings Diluted Growth Ratio | 0.447 | ▼-0.100 | ▼-0.412 |
| Price To Book Ratio | 12.930 | ▼-2.232 | ▲3.446 |
| Price To Sales Ratio | 2.315 | ▼-0.049 | ▲0.838 |
| Price To Free Cash Flow Ratio | 67.912 | ▲10.439 | ▲33.591 |
| Price To Operating Cash Flow Ratio | 10.126 | ▼-0.644 | ▲2.291 |
| Debt To Assets Ratio | 0.696 | ▲0.068 | ▲0.100 |
| Debt To Equity Ratio | 5.719 | ▲0.217 | ▲0.998 |
| Debt To Capital Ratio | 0.851 | ▲0.005 | ▲0.030 |
| Long Term Debt To Capital Ratio | 0.842 | ▲0.003 | ▲0.031 |
| Financial Leverage Ratio | 8.220 | ▼-0.549 | ▲0.334 |
| Working Capital Turnover Ratio | -16.634 | ▲6.417 | ▲11.428 |
| Operating Cash Flow Ratio | 1.105 | ▼-0.046 | ▲0.065 |
| Operating Cash Flow Sales Ratio | 0.229 | ▲0.009 | ▲0.050 |
| Free Cash Flow Operating Cash Flow Ratio | 0.149 | ▼-0.038 | ▼-0.214 |
| Debt Service Coverage Ratio | 2.827 | ▼-0.595 | ▼-0.114 |
| Interest Coverage Ratio | 4.042 | ▲0.204 | ▼-0.222 |
| Short Term Operating Cash Flow Coverage Ratio | 5.786 | ▼-5.273 | ▼-2.366 |
| Operating Cash Flow Coverage Ratio | 0.223 | ▼-0.033 | ▼-0.033 |
| Capital Expenditure Coverage Ratio | 1.175 | ▼-0.055 | ▼-0.844 |
| Dividend Paid And Capex Coverage Ratio | 0.944 | ▼-0.075 | ▼-0.620 |
| Dividend Payout Ratio | 0.444 | ▼-0.041 | ▼-0.438 |
| Enterprise Value Multiple | 11.752 | ▼-1.154 | ▲1.272 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $39.67B | $39.31B | $19.51B | $16.71B | $11.94B | |
| Enterprise value | $57.05B | $53.41B | $32.38B | $28.05B | $18.42B | |
| EV / Sales | 3.33x | 3.21x | 2.07x | 1.29x | 1.06x | |
| EV / Op. cash flow | 14.56x | 14.63x | 10.08x | 11.78x | 8.00x | |
| EV / Free cash flow | 97.67x | 78.10x | 39.19x | 26.81x | 10.24x | |
| EV / EBITDA | 11.75x | 12.91x | 8.16x | 8.74x | 10.84x | |
| Net debt / EBITDA | 3.58x | 3.41x | 3.25x | 3.53x | 3.81x | |
| Current ratio | 0.67x | 0.72x | 0.80x | 0.77x | 0.77x | |
| Income quality | 2.13x | 2.35x | 2.03x | 1.55x | 5.46x | |
| Graham number | $52 | $39 | $32 | $36 | $8 | |
| Graham net-net | -$96 | -$76 | -$65 | -$58 | -$38 | |
| Tax burden | 74.2% | 65.5% | 42.6% | 68.7% | 16.3% | |
| Interest burden | 74.5% | 71.6% | 73.9% | 78.9% | 53.0% | |
| Working capital | -$1.18B | -$876.3M | -$566.3M | -$710.1M | -$528.7M | |
| Invested capital | $21.21B | $19.16B | $17.59B | $16.24B | $12.23B | |
| Return on assets | 7.3% | 5.6% | 4.0% | 5.8% | 0.5% | |
| Operating ROA | 14.4% | 13.6% | 10.9% | 14.3% | 11.7% | |
| Return on tangible assets | 7.9% | 6.1% | 4.5% | 6.8% | 0.5% | |
| Return on equity | 60.1% | 49.0% | 30.2% | 42.9% | 3.5% | |
| Return on invested capital | 12.1% | 11.8% | 9.6% | 13.2% | 13.5% | |
| Return on capital employed | 15.9% | 15.0% | 12.2% | 15.1% | 14.1% | |
| Earnings yield | 4.6% | 3.2% | 4.2% | 6.8% | 0.6% | |
| Free cash flow yield | 1.5% | 1.7% | 4.2% | 6.3% | 15.1% | |
| Capex / Op. cash flow | 85.1% | 81.3% | 74.3% | 56.0% | 21.9% | |
| Capex / Depreciation | 219.1% | 208.4% | 179.4% | 121.7% | 58.0% | |
| Capex / Sales | 19.5% | 17.8% | 15.3% | 6.2% | 2.9% | |
| SG&A / Sales | 2.4% | 2.3% | 2.2% | 1.4% | 1.6% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.4% | 0.4% | 0.3% | 0.3% | |
| Intangibles / Total assets | 7.0% | 8.7% | 11.4% | 14.0% | 7.2% | |
| Days sales outstanding | 31d | 36d | 34d | 24d | 28d | |
| Days payables outstanding | 54d | 55d | 44d | 28d | 33d | |
| Operating cycle | 44d | 45d | 45d | 31d | 32d | |
| Cash conversion cycle | -10d | -11d | 1d | 3d | -2d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
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- 2026-08-25 Strong Midstream 2Q26 Earnings Boost Full-Year Outlook Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.
- 2026-08-25 Targa Resources Corp. Announces Addition of Experienced Industry Executive and Leadership Changes to Support Continued Long-Term Growth HOUSTON, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") today announced the addition of a key experienced team member to further strengthen the depth of Targa''s executive leadership team and further position the Company for continued long term success. This addition and the organizational changes announced today were approved by Targa''s Board of Directors and are effective September 1, 2026.
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- 2026-08-22 Bard Associates Inc. Makes New $2.08 Million Investment in Targa Resources, Inc. $TRGP Bard Associates Inc. purchased a new position in shares of Targa Resources, Inc. (NYSE: TRGP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,773 shares of the pipeline company''s stock, valued at approximately $2,084,000. A number
- 2026-08-22 Bank of New York Mellon Corp Lowers Stock Holdings in Targa Resources, Inc. $TRGP Bank of New York Mellon Corp reduced its holdings in Targa Resources, Inc. (NYSE: TRGP) by 8.1% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,343,665 shares of the pipeline company''s stock after selling 118,380 shares during
- 2026-08-22 22,569 Shares in Targa Resources, Inc. $TRGP Purchased by B. Metzler seel. Sohn & Co. AG B. Metzler seel. Sohn and Co. AG bought a new position in shares of Targa Resources, Inc. (NYSE: TRGP) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,569 shares of the pipeline company''s stock, valued at approximately $6,051,000. Several other large investors have
- 2026-08-22 2,360 Shares in Targa Resources, Inc. $TRGP Bought by Advisors Capital Management LLC Advisors Capital Management LLC acquired a new position in Targa Resources, Inc. (NYSE: TRGP) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,360 shares of the pipeline company''s stock, valued at approximately $633,000. Other large investors have also recently made
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