TRGP stock forecast: what analysts expect
Wall Street analysts covering Targa Resources Corp. currently rate the stock a Buy on average, with a mean 12-month price target of $299.00 — +11.3% versus the last price of $268.67. Targets reflect analyst opinion, not a guarantee.
TRGP historical returns
Based on monthly dividend-adjusted prices. See the full breakdown on what if you had invested in TRGP.
TRGP annual returns by year
Congress trading in TRGP
6 members of Congress have disclosed trading TRGP — 6 purchases and 6 sales worth an estimated $436,000. Most recent disclosure: Feb 10, 2026.
See who in Congress traded TRGP →About Targa Resources Corp.
Targa Resources Corp., together with its subsidiaries, 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 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. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
TRGP Key Statistics
TRGP in plain English
- P/E ratio (25.4) — how many dollars you pay for each $1 of TRGP's yearly profit. That's a fairly normal range.
- ROE (70.84%) — how efficiently the company turns shareholders' money into profit. Above ~20% is considered strong.
- Profit margin (13.54%) — of every $1 in sales, this is what's left as profit after all costs.
- Dividend yield (1.88%) — the cash payout you'd earn per year as a % of the share price, on top of any price gains.
TRGP stock: frequently asked questions
What is Targa Resources Corp.'s stock price today?
Targa Resources Corp. (TRGP) last traded at $268.67 on the NYSE. Over the past 52 weeks the stock has traded between $144.14 and $291.04.
Is TRGP stock a buy or a sell?
Wall Street analysts' consensus rating on TRGP is "Buy", with an average 12-month price target of $299.00 — about +11.3% versus the current price of $268.67. Analyst targets are opinions, not guarantees; always do your own research.
How much would $1,000 invested in TRGP 10 years ago be worth today?
A $1,000 investment in Targa Resources Corp. made 10 years ago would be worth about $9,340 today (dividends reinvested) — a total return of 834%, or 25.0% per year.
Does TRGP pay a dividend?
Yes. Targa Resources Corp. currently pays a dividend yielding about 1.88% per year at today's share price.
What is TRGP's P/E ratio?
TRGP trades at a trailing price-to-earnings ratio of 25.4, and 22.3 times expected forward earnings. The P/E ratio tells you how many dollars investors pay for each $1 of the company's annual profit.
Do members of Congress trade TRGP stock?
Yes — 6 members of Congress have disclosed trades in TRGP under the STOCK Act, totaling 6 purchases and 6 sales worth an estimated $436,000.
What is Targa Resources Corp.'s ticker symbol?
Targa Resources Corp. trades under the ticker symbol TRGP on the NYSE.
Compare TRGP with peers
Data last refreshed from public sources. Figures may be delayed. Not investment advice.