Targa Resources Corp.

$183.47

$-3.30 (-1.77%)

Jan 5, 2026

Price History (1Y)

Analysis

Targa Resources Corp. is a midstream energy company operating in the Oil & Gas sector, with a market capitalization of $39.48 billion and annual revenues of $17.38 billion. The company employs approximately 3,370 people. From a financial perspective, Targa Resources has reported gross margins of 36.0%, operating margins of 20.2%, and profit margins of 9.9%. The company's returns on equity (ROE) and assets (ROA) are 49.9% and 8.4%, respectively. Notably, the debt-to-equity ratio is high at 615.12, while cash reserves amount to $124.10 million. Conversely, total debt stands at $17.43 billion. Targa Resources' valuation metrics include a price-to-earnings (P/E) ratio of 25.20 and forward P/E of 18.81. The company's revenue growth rate is 7.8% year-over-year, while earnings growth has accelerated to 25.7%. Dividend yield stands at 214.0%, although the payout ratio is 47.2%.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About Targa Resources Corp.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, 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 also 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. As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

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Key Statistics

Market Cap
$39.48B
P/E Ratio
25.20
52-Week High
$218.51
52-Week Low
$144.14
Avg Volume
1.54M
Beta
0.87
Dividend Yield
214.00%

Company Info

Exchange
NYQ
Country
United States
Employees
3,370