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Upturn AI SWOT - About
Targa Resources Inc (TRGP)

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Upturn Advisory Summary
10/23/2025: TRGP (2-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $205.15
1 Year Target Price $205.15
| 14 | Strong Buy |
| 7 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 34.39% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
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 |
Upturn AI SWOT
Targa Resources Inc

Company Overview
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.
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 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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.targaresources.com |
Full time employees 3370 | Website https://www.targaresources.com | ||
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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