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Upturn stock rating
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Targa Resources Inc (TRGP)

Upturn stock rating
$156.8
Last Close (24-hour delay)
upturn advisory
PASS
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/23/2025: TRGP (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

22 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $205.15

1 Year Target Price $205.15

Analysts Price Target For last 52 week
$205.15 Target price
52w Low $144.14
Current$156.8
52w High $215.2

Analysis of Past Performance

Type Stock
Historic Profit 34.39%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/23/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 33.74B USD
Price to earnings Ratio 22.46
1Y Target Price 205.15
Price to earnings Ratio 22.46
1Y Target Price 205.15
Volume (30-day avg) 22
Beta 1.13
52 Weeks Range 144.14 - 215.20
Updated Date 10/23/2025
52 Weeks Range 144.14 - 215.20
Updated Date 10/23/2025
Dividends yield (FY) 2.27%
Basic EPS (TTM) 6.98

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-10-30
When -
Estimate 2.05
Actual -

Profitability

Profit Margin 9.59%
Operating Margin (TTM) 24.26%

Management Effectiveness

Return on Assets (TTM) 8.39%
Return on Equity (TTM) 50.39%

Valuation

Trailing PE 22.46
Forward PE 18.02
Enterprise Value 51738354727
Price to Sales(TTM) 1.98
Enterprise Value 51738354727
Price to Sales(TTM) 1.98
Enterprise Value to Revenue 3.03
Enterprise Value to EBITDA 11.51
Shares Outstanding 215191852
Shares Floating 211830555
Shares Outstanding 215191852
Shares Floating 211830555
Percent Insiders 1.4
Percent Institutions 93.16

ai summary icon Upturn AI SWOT

Targa Resources Inc

stock logo

Company Overview

overview logo History and Background

Targa Resources Inc. was formed in 2005 through the merger of Targa Resources, Inc. and Dynegy Midstream Services, L.P. It has grown through acquisitions and organic projects, expanding its midstream infrastructure footprint.

business area logo Core Business Areas

  • Gathering and Processing: Gathers natural gas from producing wells and processes it into marketable products like natural gas liquids (NGLs) and residue gas.
  • Logistics and Transportation: Transports, stores, and fractionates NGLs; transports and stores crude oil; and provides terminaling services.

leadership logo Leadership and Structure

Targa Resources Corp. is led by CEO Matthew Meloy. The organizational structure consists of various departments, including operations, finance, and business development.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Gathering and Processing: Gathers and processes natural gas from wellheads, extracting NGLs. Competitors include Enterprise Products Partners (EPD) and Kinder Morgan (KMI). Market share data is difficult to ascertain exactly but Targa is considered to be in the top tier.
  • NGL Transportation and Fractionation: Transports NGLs via pipelines and fractionates them into individual components like ethane, propane, and butane. Competitors include ONEOK (OKE) and Energy Transfer (ET).

Market Dynamics

industry overview logo Industry Overview

The midstream industry is driven by the production of oil and natural gas. Demand for NGLs is influenced by petrochemical facilities and export markets.

Positioning

Targa Resources Inc. is a major player in the midstream sector with a significant presence in key shale plays. Its integrated asset base provides a competitive advantage.

Total Addressable Market (TAM)

The total addressable market (TAM) for midstream services is in the hundreds of billions of dollars globally. Targa is positioned to capture a portion of this market through its strategic assets and operational capabilities.

Upturn SWOT Analysis

Strengths

  • Strategic Asset Base
  • Integrated Operations
  • Strong Financial Position
  • Experienced Management Team

Weaknesses

  • Exposure to Commodity Price Fluctuations
  • Dependence on Producer Activity
  • Regulatory Risks

Opportunities

  • Expansion of Infrastructure
  • Increased NGL Exports
  • Acquisitions and Consolidation
  • Development of New Shale Plays

Threats

  • Decline in Oil and Gas Prices
  • Increased Regulatory Scrutiny
  • Competition from Other Midstream Companies
  • Environmental Concerns

Competitors and Market Share

competitor logo Key Competitors

  • EPD
  • OKE
  • ET

Competitive Landscape

Targa Resources Inc. competes with other large midstream companies based on asset footprint, operational efficiency, and access to key markets. Targa's integrated asset base provides a competitive advantage, but competition is intense.

Major Acquisitions

Southcross Energy Partners

  • Year: 2022
  • Acquisition Price (USD millions): 200
  • Strategic Rationale: Expanded Targa's gathering and processing footprint in the Delaware Basin.

Growth Trajectory and Initiatives

Historical Growth: Targa Resources Inc. has experienced significant growth through acquisitions and organic projects. Revenue has increased steadily over the past decade.

Future Projections: Analysts project continued growth for Targa Resources Inc. driven by increased NGL production and exports. Revenue growth is expected to be in the single digits in the next 2-3 years.

Recent Initiatives: Recent initiatives include expansions of processing capacity in the Permian Basin and investments in NGL export facilities.

Summary

Targa Resources Inc. is a significant midstream player with strategic assets and integrated operations, although the company is exposed to commodity price risk. Recent initiatives focus on capacity expansions and exports. Targa needs to monitor regulatory changes and competitive pressures. Financial performance shows improving metrics and dividend payouts make it an investor-friendly stock.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Analyst Reports
  • Industry Publications
  • Earnings Call Transcripts

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on publicly available information. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Targa Resources Inc

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2010-12-07
CEO & Director Mr. Matthew J. Meloy
Sector Energy
Industry Oil & Gas Midstream
Full time employees 3370
Full time employees 3370

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.