Targa Resources (NYSE: TRGP) shareholders approve 2026 director slate, auditors and executive pay
Targa Resources Corp. (NYSE: TRGP) held its 2026 Annual Meeting of Stockholders on May 21, 2026, where shareholders approved the election of four Class I directors for three-year terms. They also ratified PricewaterhouseCoopers LLP as independent auditors for 2026 and approved, on an advisory basis, the compensation for named executive officers for the fiscal year ended December 31, 2025. The results indicate strong shareholder support for the company's governance and executive compensation practices.
Targa Resources Corp. stock outperforms competitors on strong trading day
Shares of Targa Resources Corp. (TRGP) rose 2.41% on Friday, outperforming the broader market which also saw gains. The stock closed at $276.75, breaking a two-day losing streak, amidst a favorable trading session where the S&P 500 and Dow Jones Industrial Average both increased.
Why Plains All American Pipeline (PAA) Is Up 6.6% After Revenue Rose But Net Income Dropped
Plains All American Pipeline (PAA) saw its revenue increase to US$12,470 million in Q1 2026, though net income fell significantly to US$152 million from US$443 million year-over-year. Despite the drop in net income and overall basic earnings per share, the stock rose by 6.6%, likely due to the steady common distribution of US$0.4175 per unit, indicating the company's commitment to cash returns amidst profitability concerns. The article emphasizes that while profitability is a concern, the focus for investors remains on Permian throughput, tariff pressure, and the company's ability to balance capital needs with shareholder returns.
Golar LNG (NasdaqGS:GLNG) Margin Compression Challenges Bullish Long Term FLNG Growth Narrative
Golar LNG (NasdaqGS:GLNG) reported Q1 2026 earnings with a 29.2% increase in earnings but soft 16.7% net margins, down from the previous year. While revenue increased, EPS progression has been inconsistent, raising questions about the durability of profitability despite analyst projections for future growth and margin expansion. Investors are weighing the company's high P/E ratio and long-term FLNG growth against declining margins, a one-off gain, and balance sheet concerns like debt coverage and dividend sustainability.
Targa Resources Corp. stock underperforms Wednesday when compared to competitors
Targa Resources Corp. (TRGP) shares fell by 1.99% on Wednesday, closing at $270.69, despite a positive trading session for the broader market where the S&P 500 and Dow Jones Industrial Average both rose. This decline ended a seven-day winning streak for the stock.
TRGP Stock Price, Quote & Chart | TARGA RESOURCES CORP (NYSE:TRGP)
This article provides a detailed overview of TARGA RESOURCES CORP (NYSE:TRGP), including its current stock price of $270.24, recent performance, and key statistics. It also covers the company's technical and fundamental analysis ratings from ChartMill, its latest earnings report, analyst forecasts, and industry comparisons within the Oil & Gas Storage & Transportation sector.
Mitsubishi UFJ Asset Management UK Ltd. Purchases New Shares in Targa Resources, Inc. $TRGP
Mitsubishi UFJ Asset Management UK Ltd. has acquired a new stake of 6,000 shares in Targa Resources, valued at approximately $1.107 million. This comes as Targa Resources recently declared a boosted quarterly dividend of $1.25 per share, representing an annualized yield of 1.8%, despite missing analyst expectations for its Q1 earnings and revenue. Institutional investors hold a significant 92.13% of the company's stock, though recent insider activity shows substantial share sales.
North Dakota State Investment Board Purchases Shares of 7,365 Targa Resources, Inc. $TRGP
The North Dakota State Investment Board acquired 7,365 shares of Targa Resources, Inc. (NYSE:TRGP) for approximately $1.36 million during the fourth quarter. This new position highlights significant institutional interest, with hedge funds and other institutional investors collectively owning 92.13% of the company's stock. Despite a recent earnings miss, Targa Resources increased its quarterly dividend to $1.25 per share, resulting in a $5.00 annualized payout.
Targa Resources (NYSE:TRGP) Reaches New 52-Week High - What's Next?
Targa Resources (NYSE:TRGP) shares recently hit a new 52-week high, closing near $275. Despite missing Wall Street's EPS and revenue estimates in its latest earnings report, the company raised its quarterly dividend to $1.25 per share. Analysts maintain a "Moderate Buy" rating, with an average price target of $266.36.
If You Invested $1,000 in Oneok Inc (OKE)
This article analyzes potential returns from investing $1,000 in Oneok Inc (OKE) over different timeframes, showing an investment made 10 years ago would be worth $2,301 today, a 130.1% total return. While OKE has delivered positive returns, it has underperformed the S&P 500 over the past decade. The piece also provides an overview of Oneok Inc, highlighting its role as a major North American midstream energy infrastructure company focused on natural gas and natural gas liquids (NGLs) transportation, processing, and storage.
ARS Investment Partners LLC Raises Stock Position in Targa Resources, Inc. $TRGP
ARS Investment Partners LLC significantly increased its stake in Targa Resources, Inc. by 6.6% in the fourth quarter, bringing its total holdings to 65,961 shares valued at approximately $12.17 million. This increase occurred despite Targa Resources reporting weaker-than-expected quarterly results, missing EPS and revenue estimates, though the company did raise its quarterly dividend to $1.25 per share. Analysts maintain a "Moderate Buy" rating with an average target price of $266.36, while institutional investors collectively own 92.13% of the company's stock.
AMJ Financial Wealth Management Sells 13,041 Shares of Targa Resources, Inc. $TRGP
AMJ Financial Wealth Management significantly reduced its stake in Targa Resources Inc. by 60.9% in the fourth quarter, selling 13,041 shares and retaining 8,371 shares valued at approximately $1.54 million. This divestment occurred despite Targa Resources raising its quarterly dividend and analysts maintaining a "Moderate Buy" consensus rating with an average target price of $266.36. The company recently reported weaker-than-expected quarterly results, missing EPS and revenue estimates.
Targa Resources, Inc. (NYSE:TRGP) Given Average Rating of "Moderate Buy" by Analysts
Targa Resources, Inc. (NYSE:TRGP) has received an average rating of "Moderate Buy" from analysts, with fourteen firms issuing a buy rating and three a hold rating. The average 12-month price target for the stock is $266.3571. The company recently reported Q1 earnings that missed consensus estimates, but announced an increased quarterly dividend.
Targa Resources (NYSE: TRGP) CEO gifts 15,000 shares in Form 4
Targa Resources Corp. CEO Matthew J. Meloy reported gifting 15,000 shares of Targa common stock, a non-cash transaction valued at $0.00 per share. After this bona fide gift, Meloy retains 712,291 shares, maintaining a significant equity position. The Form 4 filing details this single gift transaction without any open-market trades or stock option exercises.
This Insider Has Just Sold Shares In Targa Resources
An independent director at Targa Resources, Charles Crisp, recently sold US$2.7 million worth of shares, reducing his holding by 14%. Another insider, Patrick McDonie, also sold US$7.5 million in shares over the last year. Despite high insider ownership, the history of sales and lack of recent purchases raise some concerns for the company.
Research Alert: CFRA Lifts Opinion On Shares Of Targa Resources Corp. To Hold From Sell
CFRA has upgraded its opinion on Targa Resources Corp. (TRGP) shares from Sell to Hold, while maintaining a 12-month target price of $112.00. This revision is based on an increase in the firm's sum-of-the-parts valuation for TRGP. The analyst notes that TRGP has maintained strong operational performance and a solid balance sheet, expecting its natural gas liquids (NGL) volumes and gas gathering/processing volumes to grow by 7% and 13% respectively by 2026.
Number of shareholders of Targa Resources Corp. – LS:A1C9E3
This article focuses on Targa Resources Corp. (LS:A1C9E3), specifically mentioning the "Number of shareholders" as a key financial metric. It appears to be a page from a financial data platform like TradingView, providing an overview of the company's financial information, news, and market data without presenting specific shareholder numbers in the provided text.
Targa Resources Corp. stock outperforms competitors on strong trading day
Targa Resources Corp. (TRGP) saw its stock price rise by 1.69% to $271.99 on Friday, even as the broader market experienced a downturn with the S&P 500 and Dow Jones Industrial Average both falling. This marked the fifth consecutive day of gains for Targa Resources, highlighting its strong performance against a weak market trend.
TRGP Q1 Earnings & Revenues Miss Estimates, Adjusted EBITDA Up Y/Y
Targa Resources Corp. (TRGP) reported Q1 2026 earnings and revenues that missed Zacks Consensus Estimates, attributing the underperformance to severe winter weather, weak Waha natural gas prices, and higher operating expenses. Despite the revenue miss, the company achieved record first-quarter adjusted EBITDA of $1.4 billion, a 19% increase year-over-year, driven by record Permian inlet volumes and fractionation volumes. Targa also provided optimistic 2026 guidance, expecting significant adjusted EBITDA growth and outlining several ongoing and new Permian processing plant projects.
This Insider Has Just Sold Shares In Targa Resources
Targa Resources (NYSE:TRGP) recently saw a significant insider share sale by Independent Director Charles Crisp, who sold US$2.7 million worth of shares, reducing his holding by 14%. This follows a larger sale by President of Gathering & Processing Patrick McDonie, who sold US$7.5 million in shares at a lower price within the last year, indicating that some insiders were content with a lower valuation compared to the current price. Despite these sales, the company maintains high insider ownership (1.4% of shares, valued at US$806 million) and is growing profits, though the continued sales raise some caution for investors.
[SCHEDULE 13G/A] Targa Resources Corp. Amended Passive Investment Disclosure
Wellington Management group has filed an amended Schedule 13G, disclosing beneficial ownership of 15,043,474 shares of Targa Resources Corp. common stock, which represents 7.0% of the class as of March 31, 2026. The filing indicates shared voting power of 14,685,421 shares and shared dispositive power of 15,043,461 shares across various Wellington entities, held for client accounts. This classifies Wellington's stake as a passive investment, with the shares owned of record by clients of Wellington investment advisers.
Targa Resources (TRGP) Receives a Rating Update from a Top Analyst
Barclays analyst Theresa Chen maintained a Buy rating on Targa Resources (TRGP) with a price target of $262.00. The company recently reported quarterly revenue of $4.09 billion and a net profit of $479.6 million for the quarter ending March 31. Despite positive analyst ratings from Barclays and Scotiabank, corporate insider sentiment for TRGP is negative, with recent share sales by directors.
Assessing Targa Resources (TRGP) Valuation After Strong Q1 Earnings And Positive Permian Growth Outlook
Targa Resources (TRGP) reported strong Q1 2026 earnings, with revenue of US$4,094.7 million and net income of US$479.6 million, coupled with significant Permian growth potential. The stock has seen substantial momentum, up 41.0% year-to-date, trading near analyst targets but with an estimated 42% intrinsic discount according to Simply Wall St's model. While a narrative fair value suggests it's only slightly undervalued, the company's valuation depends heavily on continued Permian build-out and export demand, with current P/E ratios and potential for midstream overbuild posing valuation risks.
3 Top Goldman Sachs Mutual Funds With Strong 3-Year Returns
This article highlights three top-ranked Goldman Sachs mutual funds based on their strong three-year annualized returns and Zacks Mutual Fund Rank #1 (Strong Buy) rating. These funds are the Goldman Sachs Energy Infrastructure Fund (GLEAX), Goldman Sachs Large Cap Growth Insights Fund (GLCTX), and Goldman Sachs Small Cap Value Insights Fund (GSXPX). Goldman Sachs Asset Management manages $3.3 trillion in assets, offering diverse investment solutions globally.
Targa Resources Corp. stock underperforms Thursday when compared to competitors despite daily gains
Targa Resources Corp. (TRGP) shares rose 1.59% on Thursday, closing at $267.48. Despite this gain and an overall favorable trading session for the stock market, the company's stock underperformed its competitors. The S&P 500 Index increased by 0.77%, and the Dow Jones Industrial Average gained 0.75%.
Earnings call transcript: Riley’s Q1 2026 Misses EPS Forecast, Stock Falls
Riley Exploration Permian reported a significant earnings miss for Q1 2026, with an EPS of -3.38 against a forecast of 1.51 and revenue slightly below expectations at $113.9 million. This led to a 7.11% drop in its stock post-market. Despite the setback, the company maintains a positive outlook for the year, projecting 30% production growth and highlighting operational efficiencies and undervaluation according to InvestingPro.
Third Rock Ventures v sells $5.38m in Rapport Therapeutics stock
Third Rock Ventures V, L.P. sold 133,618 shares of Rapport Therapeutics (NASDAQ:RAPP) stock for $5.38 million. This sale was made under a Rule 10b5-1 trading plan as the stock trades near its 52-week high after a significant surge. Rapport Therapeutics has also reported positive efficacy data for its epilepsy treatment, RAP-219, and plans to initiate Phase 3 studies, leading to continued strong analyst ratings.
Targa Resources (NYSE: TRGP) director sells 10,602 shares in open market
Targa Resources Corp. director Charles R. Crisp sold 10,602 shares of common stock on May 12, 2026, in an open-market transaction. The shares were sold at a weighted average price of $255.9647 per share, totaling $2,713,738. Following this sale, Crisp directly owns 66,492 shares of the company's common stock.
Director Paul Chung gifts 6,000 Targa (TRGP) shares, retains large holdings
Targa Resources Corp. director Paul W. Chung reported a gift of 6,000 shares of common stock at $0.00 per share. This was a bona fide gift, not an open-market sale. After the transaction, Chung directly holds 31,479 shares and indirectly holds significant additional shares through an IRA and family trusts.
Targa Resources Corp. stock outperforms competitors on strong trading day
Shares of Targa Resources Corp. (TRGP) rose 3.19% to $263.29 on Wednesday, extending its gains for a third consecutive day. This performance outpaced the broader market, as the S&P 500 Index saw a 0.58% increase while the Dow Jones Industrial Average fell 0.14%.
The Bull Case For Targa Resources (TRGP) Could Change Following Record Q1 Profitability And Buybacks - Learn Why
Targa Resources (TRGP) reported strong first-quarter 2026 results with a significant increase in net income and diluted EPS, despite lower revenue, alongside ongoing share buybacks. The company also raised its adjusted EBITDA guidance, reinforcing the investment narrative driven by growing volumes and exports, though risks like midstream overbuild and NGL export margin pressure persist. While the company projects substantial revenue and earnings growth by 2029, leading to a fair value estimate, differing analyst opinions suggest varying levels of upside.
Analysts Have Conflicting Sentiments on These Energy Companies: ARKO Petroleum Corp. Class A (APC), Enbridge (ENB) and Targa Resources (TRGP)
This article analyzes analyst sentiments on three energy companies: ARKO Petroleum Corp. Class A (APC), Enbridge (ENB), and Targa Resources (TRGP). While ARKO Petroleum received a "Hold" rating from Mizuho Securities, it holds a "Strong Buy" consensus. Enbridge received a "Buy" rating from Raymond James and has a "Moderate Buy" consensus. Targa Resources was rated "Buy" by Morgan Stanley and holds a "Strong Buy" consensus from the Street.
Analysts Have Conflicting Sentiments on These Energy Companies: ARKO Petroleum Corp. Class A (APC), Enbridge (ENB) and Targa Resources (TRGP)
Analysts from Mizuho Securities, Raymond James, and Morgan Stanley have issued conflicting ratings for several energy companies. ARKO Petroleum Corp. Class A received a Hold rating from Mizuho, while Enbridge and Targa Resources both received Buy ratings from Raymond James and Morgan Stanley, respectively. The report details target prices and analyst success rates for each company, noting overall consensus ratings ranging from Strong Buy to Moderate Buy within the sector.
Analysts Offer Insights on Energy Companies: Diamondback (FANG), Targa Resources (TRGP) and Kodiak Gas Services, Inc. (KGS)
Three energy companies, Diamondback (FANG), Targa Resources (TRGP), and Kodiak Gas Services, Inc. (KGS), have received bullish sentiments from analysts. Goldman Sachs maintained a Buy rating on Diamondback with a $227.00 target, RBC Capital reiterated a Buy on Targa Resources with a $281.00 target, and Stifel Nicolaus maintained a Buy on Kodiak Gas Services with an $84.00 target. All three stocks closed last Monday at prices below their respective target prices, indicating potential upside.
Securian Asset Management Inc. Sells 4,512 Shares of Targa Resources, Inc. $TRGP
Securian Asset Management Inc. reduced its stake in Targa Resources, Inc. by 43.6% in the fourth quarter, selling 4,512 shares. Despite significant insider selling over the last 90 days, analysts maintain a "Moderate Buy" rating for Targa Resources with an average price target of $265.86, and the company recently increased its quarterly dividend to $1.25 per share.
[144] Targa Resources Corp. SEC Filing
A Form 144 SEC filing for Targa Resources Corp. (TRGP) was submitted by Morgan Stanley Smith Barney LLC, detailing a proposed sale of 1,359 shares of Common Stock by Charles Crisp. The sale, which occurred on February 24, 2026, generated $311,618.70 from restricted stock acquired on February 17, 2016. The filing is considered routine and does not indicate any material changes for the issuer.
The Bull Case For Targa Resources (TRGP) Could Change Following Record Q1 Profitability And Buybacks - Learn Why
Targa Resources Corp. reported a record first quarter for 2026, with net income rising sharply to US$479.6 million and diluted EPS of US$2.21, despite lower revenue. The company also continued its share buyback program, repurchasing 227,801 shares for US$54.97 million. This strong performance, combined with higher adjusted EBITDA guidance, supports the investment narrative of Targa Resources as a core Permian and Gulf Coast midstream operator with growing cash generation.
The Bull Case For Targa Resources (TRGP) Could Change Following Record Q1 Profitability And Buybacks - Learn Why
Targa Resources (TRGP) reported record first-quarter 2026 profitability with a sharp increase in net income to US$479.6 million and diluted EPS of US$2.21, despite lower revenue. The company also continued its share buyback program. This strong performance, coupled with increased EBITDA guidance, reinforces Targa's investment narrative driven by growing volumes and exports, though long-term concerns about midstream overbuild and NGL export margin pressure persist.
RBC raises Targa Resources stock price target on growth outlook
RBC Capital has increased its price target for Targa Resources (NYSE:TRGP) to $281 from $270, maintaining an Outperform rating, due to strong growth prospects into 2026 and beyond. This adjustment follows Targa Resources' first-quarter 2026 results and an upward revision of its guidance, with growth projects driven by customer demand and commodity price tailwinds contributing to the positive outlook. Despite missing revenue projections, TD Cowen also raised its price target for Targa Resources to $245 from $236, highlighting improved fiscal 2026 EBITDA guidance.
ELCO Management Co. LLC Has $4.63 Million Stock Holdings in Targa Resources, Inc. $TRGP
ELCO Management Co. LLC significantly reduced its stake in Targa Resources, Inc. by 52.5% in the fourth quarter, yet still holds 25,116 shares valued at $4.63 million, making it their 8th largest position. Insiders have also sold shares totaling $24.7 million over the last three months. Despite this, Targa Resources increased its quarterly dividend, and analysts generally maintain a "Moderate Buy" rating with a target price of $263.93.
ONE Gas (NYSE:OGS) Stock Forecast & Analyst Predictions
ONE Gas (NYSE:OGS) is forecast to grow earnings by 7.9% and revenue by 3.6% per annum, with EPS expected to increase by 6.1% annually. The company recently reported first-quarter 2026 results where EPS and revenue missed analyst expectations, although net income and profit margin increased. ONE Gas has declared a quarterly dividend of US$0.68, reflecting a historical commitment to shareholder returns, and has also put in place an at-the-market equity program of up to $225 million.
Targa Resources Corp. stock outperforms competitors on strong trading day
Shares of Targa Resources Corp. (TRGP) rose 2.04% to $253.18 on Monday, outperforming the broader market. The S&P 500 Index and Dow Jones Industrial Average both saw modest gains. Targa Resources Corp. is currently trading 3.35% below its 52-week high.
TD Cowen raises Targa Resources stock price target on marketing strength
TD Cowen increased its price target for Targa Resources (NYSE:TRGP) to $245 from $236, while maintaining a Hold rating. This adjustment follows Targa Resources' better-than-expected fiscal 2026 EBITDA guidance, primarily driven by strong marketing performance. The company also announced two new processing plants slated for early 2028 and continues to see robust Permian volume growth.
Targa Resources (NYSE:TRGP) Given New $245.00 Price Target at TD Cowen
TD Cowen has increased its price target for Targa Resources (NYSE:TRGP) to $245.00 from $236.00, maintaining a "Hold" rating, despite potential downside from the stock's previous close. This adjustment comes even after Targa Resources missed its recent quarterly earnings and revenue estimates. The overall analyst sentiment for TRGP remains positive, with a consensus "Moderate Buy" rating and several other firms also recently raising their price objectives.
Targa Resources (TRGP) Q1 2026 Margin Strength Tests Bullish Infrastructure Narratives
Targa Resources (TRGP) reported strong Q1 2026 results with US$4.1 billion in revenue and US$2.23 basic EPS, alongside a significant increase in net margin to 12.8%. While bulls highlight the potential for sustained margin strength due to infrastructure expansion and strong earnings growth, cautious investors point to the company's high P/E ratio, elevated debt, and a dividend yield not well-covered by free cash flow, creating an active valuation debate.
TRGP SEC Filings - Targa Res Corp 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Targa Resources Corp.'s (NYSE: TRGP) SEC filings, including 10-K, 10-Q, 8-K, and insider trading forms. It features AI-powered summaries to explain the significance of each document and real-time updates from EDGAR. The platform also offers insights into Targa's operations, financial arrangements, governance, and key events, along with AI highlights for critical terms.
Targa Resources Corp. stock underperforms Friday when compared to competitors
Shares of Targa Resources Corp. (TRGP) fell 1.71% on Friday, closing at $248.12, despite a positive trading day for the broader market with the S&P 500 and Dow Jones Industrial Average both rising. The company's stock underperformed its competitors and closed 5.28% below its 52-week high.
Earnings call transcript: Targa Resources Q1 2026 beats EPS, misses revenue
Targa Resources Corp. (TRGP) reported Q1 2026 earnings per share of $2.50, exceeding the forecast of $2.48, but missed revenue expectations by reporting $4.09 billion against an anticipated $4.74 billion. Despite the revenue miss, the company raised its full-year 2026 adjusted EBITDA guidance to $5.7 billion-$5.9 billion, citing strong Q1 performance, Permian Basin acquisitions, and marketing opportunities. Executives highlighted robust operational performance and strategic growth initiatives, emphasizing their integrated midstream platform and continued investment in high-return projects.
Targa Resources Posts Record Q1 Results, Lifts Outlook
Targa Resources (TRGP) reported record first-quarter 2026 results with a significant increase in net income and adjusted EBITDA, driven by Permian volumes. The company raised its 2026 adjusted EBITDA outlook, declared a higher dividend, and plans substantial growth investments. Analysts rate TRGP as a Buy with a $264.00 price target, and TipRanks' AI Analyst, Spark, also rates it as Outperform due to improving profitability and strong cash generation.
Mitsubishi UFJ Asset Management Co. Ltd. Purchases 24,019 Shares of Targa Resources, Inc. $TRGP
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 5.6% in the fourth quarter, purchasing an additional 24,019 shares and bringing its total holdings to 452,814 shares valued at $84.57 million. Other institutional investors also adjusted their positions in the pipeline company. Analysts have given Targa Resources a "Moderate Buy" consensus rating with a target price of $259.93, following recent upgrades and price objective increases, despite the company missing Q1 earnings and revenue estimates.
