Targa Resources stock hits all-time high at 253.4 USD
Targa Resources Inc. (TRGP) has reached an all-time high of $253.4, reflecting strong investor confidence and a 57.61% increase in stock value over the past year. The midstream energy company boasts a PEG ratio of 0.6 and a dividend yield of 1.63%, though InvestingPro analysis indicates it is currently overvalued. Analyst firms like UBS, Truist Securities, Wolfe Research, and RBC Capital have all recently raised their price targets for TRGP, citing growth prospects and strategic financial maneuvers, including a recent $1.5 billion senior notes offering.
Is Holding Targa Resources Shares a Wise Choice in the Current Market?
Targa Resources Corp. (TRGP) is a strong midstream energy provider with a resilient fee-based business model, significant growth investments in infrastructure, and sound financial management, leading to positive earnings outlooks. Despite these strengths, investors should be aware of potential challenges such as reliance on producer activity, project execution risks, competitive market dynamics, and a premium valuation. The article concludes that holding TRGP shares is a sensible approach, balancing growth potential with inherent risks.
Pipeline operator keeps May payout unchanged, sets May 8 earnings
Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) announced unchanged quarterly cash distributions for Q1 2026, payable on May 15, 2026, to holders of record on May 1, 2026. The companies also scheduled their Q1 2026 earnings release for pre-market on May 8, 2026, followed by an earnings call. A potential tax implication for PAGP shareholders was noted due to a pending NGL assets sale, suggesting that a portion of 2026 distributions might be taxable as dividends.
Is Targa Resources Stock a Smart Hold in Today's Market?
Targa Resources (TRGP) is a North American midstream energy company specializing in natural gas and NGL services. The company's fee-based business model, strong balance sheet, and projected earnings growth for 2026 suggest it is an attractive hold despite risks related to producer activity, project execution, and competitive landscape. The stock currently holds a Zacks Rank #3 (Hold) due to its premium valuation limiting near-term upside.
Aberdeen Group plc Purchases 5,443 Shares of Targa Resources, Inc. $TRGP
Aberdeen Group plc increased its stake in Targa Resources, Inc. by 3.5% in the fourth quarter, acquiring an additional 5,443 shares to own a total of 161,156 shares valued at approximately $29.73 million. While institutional investors collectively own 92.13% of the company, corporate insiders have recently sold 104,929 shares worth $24.69 million. Analysts maintain a "Moderate Buy" consensus rating with a target price of $252.57, and Targa Resources currently pays a $4.00 annual dividend.
Is Holding Targa Resources Shares a Wise Choice in the Current Market?
Targa Resources Corp. (TRGP) shows strong performance with a 40% stock surge and stable fee-based revenue, driven by strategic infrastructure investments and a positive earnings outlook. However, investors need to consider potential challenges like reliance on producer activity, project execution risks, competitive market dynamics, and a premium valuation. The article concludes that maintaining a hold position is sensible given the balance of growth prospects and inherent risks.
TRGP Financials: Revenue Breakdown, Margins & Competitor Comparison
The article provides a financial analysis of Targa Resources Corp (TRGP), detailing its revenue breakdown, profitability margins, and a comparison with competitors. TRGP's primary revenue source is NGL, accounting for 70.1% of sales. The company exhibits a gross margin of 34.32%, an operating margin of 24.18%, and a net margin of 13.46%, with a strong Return on Equity of 65.06%.
Does Record 2025 EBITDA and 2026 Guidance Shift the Bull Case For Targa Resources (TRGP)?
Targa Resources (TRGP) recently announced strong financial results, including record adjusted EBITDA for full-year 2025 and robust guidance for 2026. The company is investing US$2.5 billion in expansion capital, primarily in the Permian Basin and NGL infrastructure. While these developments support the growth narrative, the article highlights potential risks such as midstream overbuild and increased competition.
124,220 Shares in Targa Resources, Inc. $TRGP Bought by Banque Pictet & Cie SA
Banque Pictet & Cie SA recently acquired 124,220 shares of Targa Resources, Inc. (TRGP) valued at approximately $22.9 million, establishing a new position in the company. This purchase brings institutional ownership of TRGP to about 92.13%. The stock currently holds a "Moderate Buy" consensus rating from analysts, with a target price of $252.57.
Targa Resources Corp. (TRGP) stock price, news, quote and history
This page provides an overview of Targa Resources Corp. (TRGP) stock, including its current price, historical data, key statistics, and analyst insights. The company, operating in oil and gas midstream, shows strong year-to-date and long-term returns compared to the S&P 500, with analysts generally recommending a "Buy."
Targa Resources Corp. stock underperforms Wednesday when compared to competitors
Targa Resources Corp. (TRGP) stock fell by 2.37% on Wednesday, closing at $244.79, despite a positive trading session for the broader market indexes like the S&P 500 and Dow Jones Industrial Average. The stock closed 3.40% below its 52-week high achieved on March 27th. This performance indicates that Targa Resources Corp. underperformed its competitors amidst a generally strong market day.
Executive pay, dividends and board votes at ONEOK (NYSE: OKE)
ONEOK, Inc. (NYSE: OKE) is holding its virtual annual meeting on May 20, 2026, where shareholders will vote on the election of ten directors, the ratification of PricewaterhouseCoopers LLP as auditor, and an advisory approval of executive compensation. The company reported strong financial performance in 2025 with $5.7 billion in consolidated operating income and $3.5 billion in net income, both up from 2024, and increased its dividends to $4.12 per share in 2025 and $1.07 per share quarterly in February 2026. Executive compensation features a significant "at-risk" component tied to financial and operational performance, with CEO Pierce H. Norton II receiving $12.6 million in total direct compensation for 2025.
Targa Resources Corp. stock rises Tuesday, still underperforms market
Targa Resources Corp. (TRGP) stock increased by 1.06% on Tuesday, closing at $250.73. Despite this gain, the stock underperformed the broader market, as the S&P 500 Index rose by 2.91% and the Dow Jones Industrial Average rose by 2.49%. This rise broke a two-day losing streak for the company's shares.
Targa Resources Corp. Hits New 52-Week High at $253.25
Targa Resources Corp. has reached a new 52-week high of $253.25, demonstrating strong performance in the gas industry with a 108.68% one-year growth. The company boasts robust financial metrics, including a market capitalization of $53,109 million, a return on equity of 70.52%, and a P/E ratio of 25.00. This milestone highlights Targa's efficiency and favorable position within the industry.
Plains says May sale will leave it a pure-play crude oil company
Plains All American Pipeline (PAA) and Plains GP Holdings announced an updated timeline for the sale of their Canadian NGL business to Keyera Corp, now expected to close in May 2026. This divestiture will transform Plains into a pure-play crude oil midstream company with integrated assets from Canada to the U.S. Gulf Coast. The transaction is currently undergoing regulatory review by the Competition Bureau, and both companies are conducting integration planning to ensure a smooth transition.
TrueMark Investments LLC Purchases New Stake in Targa Resources, Inc. $TRGP
TrueMark Investments LLC has acquired a new stake of 6,158 shares, valued at approximately $1.14 million, in Targa Resources (TRGP) during the fourth quarter. This brings the total institutional ownership of Targa Resources to about 92.13%. The company recently beat its Q4 EPS estimates and announced a quarterly dividend, while analysts currently rate it as a "Moderate Buy" with a consensus price target of $252.57.
[ARS] Targa Resources Corp. SEC Filing
This article announces an SEC Form ARS filing by Targa Resources Corp. (TRGP) on March 26, 2026. The filing is categorized with low impact and neutral sentiment. It also provides an overview of Targa Resources, including its market rankings, recent news, and stock data.
Wealth Enhancement Advisory Services LLC Buys 9,990 Shares of Targa Resources, Inc. $TRGP
Wealth Enhancement Advisory Services LLC increased its holdings in Targa Resources, Inc. by 34.2% in Q4, acquiring an additional 9,990 shares, bringing its total to 39,177 shares valued at $6.77 million. Other institutional investors like Norges Bank, Wellington Management Group LLP, and Vanguard Group Inc. also significantly increased their positions, with institutional ownership reaching 92.13%. Analysts currently rate TRGP as a "Moderate Buy" with an average price target of $252.57, following several price target hikes from various firms.
A Look At Targa Resources (TRGP) Valuation After Strong Multi Year Shareholder Returns
Targa Resources (TRGP) has shown strong share performance over the past five years, with total returns exceeding 760%. The article examines whether the stock, currently trading near analyst targets but with an indicated intrinsic discount, still presents a buying opportunity. It discusses contrasting valuation signals, including a P/E ratio higher than the industry average, suggesting varied interpretations of its current market status.
Pallas Capital Advisors LLC Boosts Stock Position in Targa Resources, Inc. $TRGP
Pallas Capital Advisors LLC significantly increased its stake in Targa Resources, Inc. by 20.3% in the fourth quarter, holding over 27,700 shares valued at $5.11 million. The article notes substantial institutional ownership of Targa Resources (92.13%) and a generally bullish outlook from analysts, with a consensus "Moderate Buy" rating and an average price target of $252.57. However, company insiders have recently been net sellers, offloading over 104,000 shares worth approximately $24.7 million.
Targa Resources, Inc. $TRGP Stake Lessened by Exchange Traded Concepts LLC
Exchange Traded Concepts LLC reduced its stake in Targa Resources (NYSE:TRGP) by 5.7% in Q4 2025, now holding 167,998 shares valued at approximately $30.996 million. Despite notable insider selling, with 104,929 shares sold for about $24.69 million in the last 90 days, analysts maintain a "Moderate Buy" rating with an average target price of $252.57. The company's stock is trading near its 12-month high, boasts a market capitalization of $53.86 billion, and recently declared a quarterly dividend of $1.00 per share.
Fort Washington Investment Advisors Inc. OH Sells 8,676 Shares of Targa Resources, Inc. $TRGP
Fort Washington Investment Advisors Inc. OH reduced its stake in Targa Resources, Inc. (NYSE:TRGP) by 25.1%, selling 8,676 shares in the fourth quarter and ending the period with 25,956 shares valued at approximately $4.79 million. Despite this insider selling, several analysts have raised price targets for TRGP, leading to a "Moderate Buy" consensus rating and a $252.57 consensus price target. Targa Resources also beat Q4 EPS estimates and announced an annual dividend of $4.00, resulting in a 1.6% yield.
Assenagon Asset Management S.A. Trims Stake in Targa Resources, Inc. $TRGP
Assenagon Asset Management S.A. reduced its stake in Targa Resources, Inc. by 61.2% in the fourth quarter, selling 112,159 shares and holding 71,194 shares valued at $13.14 million. Despite this trimming, other institutional investors like Vanguard Group Inc., Wellington Management Group LLP, and UBS Group AG increased their positions in the pipeline company. Targa Resources reported strong Q4 earnings, beating analyst estimates, and announced a quarterly dividend of $1.00 per share.
Targa Resources Corp. Hits New 52-Week High of $252.38
Targa Resources Corp. has reached a new 52-week high of $252.38, driven by its strong performance in the gas industry and a 108.91% one-year growth, significantly outperforming the S&P 500. The company boasts a market capitalization of $53 billion and a high return on equity, though it also carries a high debt-to-equity ratio.
WES (Western Midstream Partners LP) Net Income : $1,181 Mil (TTM As of Dec. 2025)
Western Midstream Partners LP (WES) reported a Net Income of $1,181 million as of December 2025, with a quarterly net income of $191 million for the same period. The company, assessed with a GF Score™ of 77/100 and deemed "Fairly Valued" by GuruFocus, also showed Earnings per Share (Diluted) of $0.46 for Q4 2025. While net income is a key profitability metric, GuruFocus advises investors to consider it alongside other financial health indicators and warning signs.
Vanguard Amends 13G/A on Targa Resources (NYSE: TRGP) After Realignment
The Vanguard Group has filed an Amendment No. 12 to a Schedule 13G/A for Targa Resources Corp. (NYSE: TRGP), reporting 0 shares of Common Stock beneficially owned. This change is due to an internal realignment on January 12, 2026, which disaggregates reporting among Vanguard subsidiaries. The filing clarifies that this is an administrative reporting change and not an indication of share divestment.
BMO Capital Adjusts PT on Targa Resources to $271 From $241, Maintains Outperform Rating
BMO Capital has raised its price target for Targa Resources from $241 to $271, while reiterating an "Outperform" rating on the stock. This adjustment reflects a positive outlook for the company's financial performance. Targa Resources is a midstream services provider in North America, with segments focused on gathering and processing, and logistics and transportation of natural gas and natural gas liquids.
Sendero Wealth Management LLC Takes $4.05 Million Position in Targa Resources, Inc. $TRGP
Sendero Wealth Management LLC recently established a new position in Targa Resources, Inc. (TRGP), purchasing 21,953 shares valued at approximately $4.05 million. This coincides with a generally bullish outlook from analysts, who have set a consensus "Moderate Buy" rating and a target price of $252.57, despite concerns over the company's high debt-to-equity ratio and recent insider selling activity. Targa Resources also reported strong Q4 earnings, beating analyst expectations, and announced a quarterly dividend.
SG Americas Securities LLC Raises Stake in Targa Resources, Inc. $TRGP
SG Americas Securities LLC significantly increased its stake in Targa Resources, Inc. by 1,989% in Q4 2025, now holding 134,278 shares valued at $24.77 million. While institutional ownership is high and analyst sentiment is mostly positive with a "Moderate Buy" rating, the company faces risks due to high leverage and recent insider stock sales totaling $24.7 million. Targa Resources also reported strong Q4 earnings, beating estimates, and declared a quarterly dividend of $1.00 per share.
ENB Stock Price, Quote & Chart | ENBRIDGE INC (NYSE:ENB)
This article provides a detailed overview of ENBRIDGE INC (NYSE:ENB) stock, including its current price, performance metrics, key statistics, and analyst forecasts. It highlights that ENB is currently trading at $54.58, with a dividend yield of 5.14%, and analysts expect a slight price decrease in the next year. The company's technical rating is strong at 10/10, while its fundamental rating is 4/10, with concerns about financial health despite good profitability.
Energy Transfer Looks Cheap—But Is It a Value Trap or Income Opportunity?
Energy Transfer (ET) offers a compelling income opportunity with its low valuation, high dividend yield, and stable fee-based midstream business, supported by extensive infrastructure and growth catalysts like expansion projects and increasing demand for natural gas and NGLs. However, significant risks include high debt levels, business model complexity impacting market sentiment, and the long-term transition to renewable energy. Investors must weigh these risks against the attractive income profile and potential mispricing to determine if ET is an opportunity or a value trap.
Targa Resources, Inc. (NYSE:TRGP) Receives Consensus Rating of "Moderate Buy" from Analysts
Targa Resources, Inc. (NYSE:TRGP) has received a consensus "Moderate Buy" rating from 18 analysts, with an average 12-month price target of $252.57. Recent analyst upgrades and new coverage from firms like Truist, RBC, Citi, and Goldman Sachs indicate a positive momentum for the stock. Despite insider selling and high leverage, institutional ownership remains elevated, signaling confidence in the company.
Targa Resources Corp. stock outperforms competitors on strong trading day
On a challenging trading day for the broader market, Targa Resources Corp. (TRGP) stock advanced by 2.05%, reaching $250.50. This performance outpaced major indices like the S&P 500 and Dow Jones Industrial Average, which both fell. The company also achieved a new 52-week high, exceeding its previous peak from early March.
Targa Resources, Inc. $TRGP Shares Bought by Peak Financial Advisors LLC
Peak Financial Advisors LLC significantly increased its stake in Targa Resources (TRGP) by 221.3% in Q4, acquiring an additional 9,712 shares to hold 14,101 shares valued at $2.602 million. This move comes as several brokers, including UBS, Truist, and Citigroup, issued bullish price targets, resulting in a consensus "Moderate Buy" rating for the stock. However, insider selling of 104,929 shares worth $24.69 million was also noted, despite analyst optimism.
Enterprise Products, ONEOK raised at Wells Fargo as war boost seen for U.S. LPG exporters (EPD:NYSE)
Wells Fargo analysts, led by Michael Blum, upgraded Enterprise Products Partners and ONEOK, citing the potential for increased reliance on U.S. liquefied petroleum gas (LPG) and liquefied natural gas (LNG) by global buyers due to the ongoing Iran war. The analysts believe the conflict is significantly altering the landscape for U.S. energy midstream companies.
Viking Fund Management LLC Has $5.72 Million Stake in Targa Resources, Inc. $TRGP
Viking Fund Management LLC increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 24.0% in Q4, acquiring an additional 6,000 shares to own a total of 31,000 shares valued at $5.72 million. Analysts are largely bullish on TRGP, with a "Moderate Buy" consensus rating and an average price target of $252.57, despite recent insider selling of over 100,000 shares. The company recently declared a quarterly dividend of $1.00 per share.
Targa Resources (NYSE:TRGP) Stock Rating Upgraded by Truist Financial
Truist Financial upgraded Targa Resources (NYSE:TRGP) stock to a "strong-buy" rating. Several other analysts have also recently issued positive reports, with a consensus rating of "Moderate Buy" and a target price of $252.57. The company recently reported strong earnings, beating consensus estimates, and has seen notable insider selling and institutional investor activity.
Q2 EPS Estimates for Targa Resources Raised by Analyst
US Capital Advisors has increased its Q2 2026 EPS estimate for Targa Resources (NYSE:TRGP) to $2.30, up from $2.22, and provided higher forecasts for FY2026 and FY2028. Several other brokerages have also raised their price targets and ratings for the company, resulting in a consensus "Moderate Buy" rating with an average price target of $252.57. Despite these positive revisions and institutional ownership, there have been significant insider stock sales recently.
Targa Resources Corp. stock outperforms competitors on strong trading day
Targa Resources Corp. (TRGP) saw its stock rally by 2.58% to $246.10 on Tuesday, outperforming the broader market which experienced losses. The S&P 500 Index fell 0.37% and the Dow Jones Industrial Average dropped 0.18%. This marks the second consecutive day of gains for Targa Resources Corp.
Targa Resources stock price target raised to $280 by UBS on growth
UBS has raised its price target for Targa Resources (NYSE:TRGP) to $280 from $228, maintaining a Buy rating, citing discussions with Exxon Mobil's CFO on Permian Basin technology and Targa's positive EBITDA growth guidance. The company also increased its dividend by 25% for the fourth consecutive year. Despite trading near its 52-week high, InvestingPro analysis suggests the stock might be overvalued.
Targa Resources (NYSE:TRGP) Coverage Initiated at Truist Financial
Truist Financial has initiated coverage on Targa Resources (NYSE:TRGP) with a "buy" rating and a $279.00 price target, indicating a 16.47% potential upside. This aligns with a "Moderate Buy" consensus among analysts, despite recent insider selling totaling approximately $24.7 million. Targa Resources, a U.S.-focused midstream energy company, recently reported earnings per share of $2.51, beating estimates, though revenue of $4.06 billion slightly missed expectations.
Q1 EPS Estimate for Targa Resources Increased by Analyst
US Capital Advisors has increased its Q1 2026 EPS estimate for Targa Resources (NYSE:TRGP) to $2.41, up from $2.33, and projects FY2027 EPS at $10.09. Targa Resources recently surpassed its quarterly EPS expectations, reporting $2.51 against an estimated $2.35, and maintains a "Moderate Buy" consensus rating with an average target price of $246.54 from various brokerages. Despite insider selling activity, the company boasts a market capitalization of $51.49 billion, a 52-week high of $250, and pays a quarterly dividend of $1.00.
Chickasaw Capital Management LLC Increases Stock Holdings in Targa Resources, Inc. $TRGP
Chickasaw Capital Management LLC has increased its stake in Targa Resources, Inc. by 0.5% in the fourth quarter, making TRGP its largest position and holding over 1.8 million shares valued at $338.4 million. Targa Resources reported strong Q4 earnings, beating estimates, and pays a quarterly dividend of $1.00 per share. Analysts generally rate the stock as a "Moderate Buy" with target prices reaching up to $260, despite recent insider share sales.
Targa Resources Corp. stock rises Monday, still underperforms market
Targa Resources Corp. (TRGP) stock increased by 1.06% on Monday, reaching $239.92. Despite this rise, the stock underperformed the broader market, as both the S&P 500 Index and the Dow Jones Industrial Average saw larger gains. The company's shares closed 4.03% below their 52-week high of $250.00.
NorthCrest Asset Manangement LLC Purchases Shares of 35,618 Targa Resources, Inc. $TRGP
NorthCrest Asset Management LLC acquired 35,618 shares of Targa Resources (NYSE:TRGP) for approximately $6.54 million in the fourth quarter, establishing a new position. Targa Resources, a pipeline company with a $51.1 billion market cap, recently reported Q4 EPS of $2.51, beating estimates. The company also declared a quarterly dividend of $1.00 per share, representing an annualized yield of about 1.7%.
MDST Top Holdings List & Exposure (Westwood Salient Enhanced Midstream Income ETF)
The Westwood Salient Enhanced Midstream Income ETF (MDST) primarily invests in energy strategies within North America, with its top holdings including Enbridge Inc., Energy Transfer, and Williams Companies, which together comprise 104.12% of the fund's total assets. The ETF exhibits 80.6% geographic exposure to the United States and 23.6% to Canada, with its sector and industry exposure almost exclusively in Energy, specifically Oil, Gas & Consumable Fuels, and predominantly in Oil & Gas Storage & Transportation.
Union Bancaire Privee UBP SA Buys 22,870 Shares of Targa Resources, Inc. $TRGP
Union Bancaire Privee UBP SA significantly increased its stake in Targa Resources, Inc. (TRGP) by 625.5% in Q4, purchasing 22,870 additional shares, bringing its total holdings to 26,526 shares valued at approximately $4.894 million. This move comes amidst mixed insider activity, with substantial insider selling totaling $24.69 million over the past 90 days, while analysts largely maintain a "Moderate Buy" rating for TRGP with an average price target of $246.54, with some firms raising their targets. The company recently reported strong Q4 earnings, beating analyst estimates, and announced a quarterly dividend of $1.00 per share.
Covea Finance Buys 16,830 Shares of Targa Resources, Inc. $TRGP
Covea Finance increased its stake in Targa Resources (NYSE: TRGP) by 29.8% in the fourth quarter, now owning 73,220 shares valued at $13.51 million. Despite insider selling totaling $24.7 million in the past 90 days, analysts broadly rate the stock as a "Moderate Buy" with an average price target of $246.54. Targa Resources recently reported strong quarterly earnings, surpassing analyst estimates, and announced a quarterly dividend of $1.00 per share.
Targa Resources prices $1.5B senior notes
Targa Resources has priced an offering of $1.5 billion in senior notes. The offering includes $750 million of 5.500% senior notes due 2029 and $750 million of 5.850% senior notes due 2034.
Targa Resources prices $1.5B senior notes
Targa Resources has announced the pricing of $1.5 billion in senior notes, consisting of two tranches. One tranche is for $750 million at 5.200% due in 2029, and the other is for $750 million at 5.800% due in 2034.
