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Targa Resources Inc (TRGP)

Featured in Overvalued Stocks

Targa Resources Inc. is a NYSE-listed common equity in the energy sector, associated with a North American midstream infrastructure business. Through Targa Resources Corp. and its subsidiary Targa Resources Partners LP, the company owns, operates, acquires, and develops assets that support natural gas, natural gas liquids, crude oil, and related logistics activities. Its operations are organized into two segments: Gathering and Processing, and Logistics and Transportation. The business includes gathering, compressing, treating, processing, transporting, storing, fractionating, terminaling, purchasing, and selling natural gas and NGLs, along with services for LPG exporters, refineries, petrochemical companies, and retail propane customers. The company also provides NGL balancing and related logistics services. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Technical Outlook FAQ

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-TRGP
$231.09
-17.7% Downside
Fair
$293.71
4.6% Upside
Fair
Good
July 31, 2026
August 14, 2026
5
1.8%
August 6, 2026
28.3x
19.1x
3.6x
60.605 B
79.189 B
24.0%
98.4%
2.8
40.8%
12.4%
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Valuation • Fair Value

Targa Resources Inc (NYSE-TRGP) Fair Value by Valuation Model

Compare the primary fair value estimate for Targa Resources Inc (NYSE-TRGP) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$231.09

Estimated downside of 17.7% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$234.01

Discounted cash flow valuation reference.

Ben Graham Formula Value

$109.57

Classic Ben Graham valuation formula reference.

DDM Fair Value

$290.71

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$208.29

Comparable-company valuation reference.

Analyst Price Target

$293.71

Analysts imply upside of 4.6%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Targa Resources Inc (NYSE-TRGP) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Targa Resources Inc (NYSE-TRGP)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

16.561 B

Current operating scale indicator.

Revenue Forecast

20.112 B

Forward revenue estimate.

EBITDA

5.217 B

Current operating profitability reference.

EBITDA Forecast

5.834 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Targa Resources Inc (NYSE-TRGP) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Targa Resources Inc (NYSE-TRGP)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

8

Relatively strong quality score.

Beneish M-Score

-2.63

No elevated caution signal from this screen.

Altman Z-Score

2.8

Intermediate risk zone.

FCF / Net Income

12.4%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Targa Resources Inc (NYSE-TRGP). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Targa Resources Inc (NYSE-TRGP)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 6, 2026

Days to Earnings

16

Dividend Payment Date

August 14, 2026

Ex-Dividend Date

July 31, 2026

Dividend Yield

1.8%

Income yield reference.

Upcoming Dividend

5

Upcoming distribution amount.

Payment Type

Cash

Distribution type as reported in the data.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

40.8%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Targa Resources Inc (NYSE-TRGP), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Targa Resources Inc (NYSE-TRGP) Stock Forecast & Technical Outlook

Review Targa Resources Inc (NYSE-TRGP) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Targa Resources Inc (NYSE-TRGP) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Sell

The 1-hour technical read for Targa Resources Inc (NYSE-TRGP) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Targa Resources Inc (NYSE-TRGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Targa Resources Inc (NYSE-TRGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Targa Resources Inc (NYSE-TRGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Targa Resources Inc (NYSE-TRGP)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Targa Resources Inc (NYSE-TRGP) has a Strong Buy consensus, with 14 buy, 3 hold and 0 sell recommendations in the current data set.

Buy 14
Hold 3
Sell 0
FAQ • Fast Investor Answers

Targa Resources Inc (NYSE-TRGP) Stock FAQ

Quick answers about Targa Resources Inc (NYSE-TRGP) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$231.09
Estimated downside 17.7%
Valuation Rating
Overvalued
Estimated downside of 17.7%
Analyst Target
$293.71
Implied upside 4.6%
Financial Health
Good
Current financial-health read

The current fair value estimate for Targa Resources Inc (NYSE-TRGP) is $231.09. This implies an estimated downside of 17.7% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 17.7% versus the current market price.

The available analyst price target for Targa Resources Inc (NYSE-TRGP) is $293.71. The analyst target implies estimated upside of 4.6%.

The current financial health read for Targa Resources Inc (NYSE-TRGP) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Targa Resources Inc (NYSE-TRGP) is August 6, 2026.

Based on the current data, dividend yield is 1.8%, upcoming dividend amount is 5, ex-dividend date is July 31, 2026, payment date is August 14, 2026.

The current P/E ratio listed for Targa Resources Inc (NYSE-TRGP) is 28.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Targa Resources Inc is 60.605 B.

The current enterprise value listed for Targa Resources Inc is 79.189 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Targa Resources Inc is NYSE-TRGP, and the stock is listed on NYSE.

Targa Resources Inc (NYSE-TRGP) is listed on NYSE.

The current debt-to-total-capital ratio listed for Targa Resources Inc is 24.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Targa Resources Inc is 98.4%. Free float helps investors understand how much of the share base is available for public trading.

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