NYSE · TRGPUtilitiesElectric, Gas & Water Utilities

Targa Resources Corp. (TRGP)

$285.99−4.21%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$285.99▲ 83.22% in range
Nov 3, 2025Low $154.57 · High $314.99Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Targa Resources closed at $285.99 on Nov 4, down 4.21%, 9.2% below its 52-week closing high. Volume of 811.2K shares was 0.72× its 20-day average (below normal).

Split-adjusted performance: +0.1% over one month, +14.6% over six months, +83.2% over one year.

In the quarter ended Jun 30, 2026, revenue was $4.44B, up 4.2% from a year earlier, with a net margin of 17.1%.

Short interest was 5.6M shares at the Oct 15 settlement, up 5.4% from the prior report (2.6% of float, 5.3 days to cover).

Market cap$61.33B214.4M shares
Revenue · quarter$4.44B+4.2% YoY
Diluted EPS$3.54+23.3% YoY
P/E · TTM27.2×P/S 3.7×
Net margin17.1%Gross 48.2%
Dividend yield1.75%$1.25 last paid
52-week range154.57 – 314.99−9.2% from high
Volume811.2K0.72× 20-day avg
Volatility · 60d33.0%Annualised
Short % of float2.6%5.3 days to cover
Net cash-$19.79BCash $132.3M
Next earnings—Not scheduled
Split-adjusted performance
1W −6.5%1M +0.1%3M +6.6%6M +14.6%YTD +55.0%1Y +83.2%3Y +242.1%5Y +421.7%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Electric, Gas & Water Utilities

Percentile among 118 companies (100 = best)

6-month momentum87
Revenue growth38
Net margin72
Value (low P/E)17
Size90

Industry medians: 6-month return −1.4%, revenue growth +6.9%, net margin 12.0%, P/E 20.9×.

Short interest

Details →
Shares short5.6M+5.4% vs prior
Days to cover5.3Settled Oct 15
% of float2.6%
Short vol. 10d62.8%of daily volume

Closest peers by size in Electric, Gas & Water Utilities

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
TRGPTarga Resources$285.99−4.21%+14.6%+4.2%17.1%27.2$61.33B
DDominion Energy$69.84+4.58%+13.3%+24.1%20.5%23.1$61.43BCompare
LNGCheniere Energy$292.31−6.06%+11.8%+39.0%19.0%19.7$59.69BCompare
OKEOneok$88.68−3.55%+3.6%+44.3%10.8%13.7$55.91BCompare
SRESempra$82.60−3.24%−11.8%−0.1%26.6%23.9$54.01BCompare
AEPAmerican Electric Power$128.86−0.77%−2.8%+7.0%13.1%22.3$70.17BCompare
KMIKinder Morgan$31.58−3.94%0.0%+9.3%16.9%19.5$70.34BCompare
ETREntergy$111.43+2.30%−1.4%+5.9%13.7%29.6$53.24BCompare
XELXcel Energy$80.52+2.23%0.0%+6.6%23.0%19.4$51.68BCompare

Quick answers

What does Targa Resources do?
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal.
What is TRGP's market cap?
$61.33B, based on the Nov 4 close of $285.99.
What is TRGP's P/E ratio?
27.2× trailing-twelve-month earnings of $2.26B.
Does Targa Resources pay a dividend?
Yes. The latest regular dividend was $1.25 per share (ex-date Oct 30), an annualised yield of 1.75%.
How much of TRGP is sold short?
5.6M shares, 2.6% of float, as of Oct 15, 2026.
What sector is TRGP in?
Utilities, in the Electric, Gas & Water Utilities industry.

About Targa Resources

Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).

HQ: Houston, TX3,570 employeesListed Dec 7, 2010targaresources.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology