$294.29+4.24 (+1.46%)
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America.
Targa Resources Corp. in the Energy sector is trading at $294.29 with a market capitalization of $59.1B. Wall Street consensus targets $313.10 (20 analysts), implying a +6.4% move over the next 12 months. The stock is currently near its 52-week high of $307.94, remaining 24.2% above its 200-day moving average. On fundamentals, Piotroski 6/9 shows mixed financial quality. The Whystock Score of 100/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | — | $4.09B↑ | $4.06B↓ | $4.15B↓ | $4.26B |
| Gross Profit | — | $1.27B↓ | $1.36B↑ | $1.26B↓ | $1.45B |
| Operating Income | — | $846.90M↓ | $917.40M↑ | $836.90M↓ | $1.03B |
| Net Income | — | $479.60M↓ | $545.00M↑ | $478.40M↓ | $629.10M |
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 Trans...

On August 17, Targa Resources Corp. (NYSE:TRGP) and ExxonMobil Holdings Corporation (NYSE:XOM) executed new 20-year, integrated fee-based midstream agreements. The deal locks in extensive acreage dedications in the Delaware and Midland basins through 2046 for natural gas gathering, processing, and downstream NGL transportation and fractionation. To support ExxonMobil’s expanding volumes, Targa announced three new Permian […]
Targa Resources (TRGP) is extending its growth runway as new commercial agreements and projects supp
The natural gas company will provide company insider Ben Branstetter with a long-term incentive award of 400% of his base pay, set at $600,000, Targa said Tuesday.

TRGP's 20-year ExxonMobil agreements support new Permian infrastructure through 2046, while higher 2026 growth spending raises execution stakes.

TRGP nears a 52-week high after an 85.2% rally, but premium valuation, heavy spending and moderating marketing gains raise questions.
Academic risk and quality models computed from TRGP's own filings and price history, not from analyst opinion.
Mixed: 6 of 9 fundamental-health tests pass, so profitability and balance-sheet trends disagree.
Altman Z in the 1.81 to 2.99 grey zone, the band where the model gives no clear bankruptcy verdict.
Beneish M below the -1.78 flag threshold, so the earnings-manipulation model finds nothing unusual in the accruals and margin trends.
Share of earnings coming from accruals rather than cash. Higher values historically precede weaker future returns.
Hidden Markov model fitted to two years of returns, separating bull, bear and sideways states by their own drift and volatility.
GARCH(1,1) 30-day annualised forecast, above the current 31.1% reading.
Fama-French 5-factor market beta. The five factors explain 8% of this stock's return variance; the rest is idiosyncratic.
The stock’s own historical valuation anchor, which is a fairer comparison than a sector average for a company with a persistent premium or discount.
Model inputs as of 2026-09-08.