Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
TRGP
Upturn stock ratingUpturn stock rating

Targa Resources Inc (TRGP)

Upturn stock ratingUpturn stock rating
$165.51
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: TRGP (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

22 Analysts rated it

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

1 Year Target Price $205.83

1 Year Target Price $205.83

Analysts Price Target For last 52 week
$205.83 Target price
52w Low $138.14
Current$165.51
52w High $215.2

Analysis of Past Performance

Type Stock
Historic Profit 51.43%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 35.62B USD
Price to earnings Ratio 23.75
1Y Target Price 205.83
Price to earnings Ratio 23.75
1Y Target Price 205.83
Volume (30-day avg) 22
Beta 1.13
52 Weeks Range 138.14 - 215.20
Updated Date 08/15/2025
52 Weeks Range 138.14 - 215.20
Updated Date 08/15/2025
Dividends yield (FY) 2.10%
Basic EPS (TTM) 6.97

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 2025-08-07
When -
Estimate 1.88
Actual 1.9

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 23.75
Forward PE 18.59
Enterprise Value 52353803424
Price to Sales(TTM) 2.09
Enterprise Value 52353803424
Price to Sales(TTM) 2.09
Enterprise Value to Revenue 3.07
Enterprise Value to EBITDA 11.64
Shares Outstanding 215192000
Shares Floating 211570173
Shares Outstanding 215192000
Shares Floating 211570173
Percent Insiders 1.41
Percent Institutions 90.92

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 combination of Dynegy Inc.'s natural gas liquids (NGL) business and private equity-backed Targa Resources, LLC. It has grown through acquisitions and organic projects to become a major midstream infrastructure company.

business area logo Core Business Areas

  • Gathering and Processing: Gathers raw natural gas from wells and processes it to remove impurities, resulting in marketable natural gas and NGLs.
  • Logistics and Transportation: Transports, stores, and fractionates NGLs, and provides other logistics services for crude oil and refined products. Includes pipelines, terminals, and fractionation facilities.

leadership logo Leadership and Structure

The company is led by CEO Matt Meloy. The organizational structure consists of executive leadership overseeing various operational and support departments.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Gathering and Processing: Gathers and processes natural gas, separating valuable NGLs. Targa is a major player in key shale plays. Market share data is not readily available as it varies by region and specific processing facility. Competitors include Energy Transfer, Kinder Morgan, and MPLX.
  • NGL Fractionation: Separates mixed NGL streams into individual components like ethane, propane, and butane. Competitors include Enterprise Products Partners, ONEOK and Phillips 66.
  • Crude Oil Logistics: Provides crude oil logistics services including transportation, storage, and handling. Market share is region-specific and not easily quantifiable. Competitors include Plains All American, Energy Transfer, and Magellan Midstream Partners.

Market Dynamics

industry overview logo Industry Overview

The midstream energy industry is crucial for connecting producers with end-users. It is influenced by commodity prices, regulatory changes, and infrastructure development.

Positioning

Targa Resources Inc. is a key player in the midstream sector, with a strong presence in key shale plays. Its integrated infrastructure provides a competitive advantage.

Total Addressable Market (TAM)

The TAM for midstream services is estimated to be in the hundreds of billions of dollars annually. Targa is positioned to capture a significant portion of this market through its assets and strategic locations.

Upturn SWOT Analysis

Strengths

  • Strategic asset locations in key shale plays
  • Integrated infrastructure network
  • Strong relationships with producers
  • Experienced management team

Weaknesses

  • Exposure to commodity price volatility
  • Dependence on producer activity
  • High capital expenditures
  • Susceptibility to regulatory changes

Opportunities

  • Expansion of existing infrastructure
  • Acquisitions of complementary assets
  • Increased demand for NGL exports
  • Development of new markets

Threats

  • Decline in commodity prices
  • Increased competition
  • Regulatory constraints
  • Geopolitical instability

Competitors and Market Share

competitor logo Key Competitors

  • ET
  • KMI
  • MPLX
  • EPD
  • WMB
  • OKE

Competitive Landscape

Targa benefits from its strategic asset locations and integrated infrastructure. However, it faces competition from larger players with more diversified operations.

Major Acquisitions

Lucid Energy Group

  • Year: 2022
  • Acquisition Price (USD millions): 3550
  • Strategic Rationale: Expanded Targa's Permian Basin footprint and processing capacity, enhancing its position in a key growth region.

Growth Trajectory and Initiatives

Historical Growth: Historical growth requires financial data and past stock performance.

Future Projections: Future projections would be based on analyst estimates and require external research.

Recent Initiatives: Requires recent initiatives undertaken by Targa.

Summary

Targa Resources is a significant player in the midstream energy sector with a strong asset base. While commodity price volatility poses a risk, strategic acquisitions and infrastructure expansions support growth. Monitoring regulatory changes and maintaining strong producer relationships are crucial. Overall, Targa appears to be a relatively healthy company positioned for continued growth with some risks from the external environment.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may vary.

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

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

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

Upturn AI SummarizationUpturn 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.