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Targa Resources Corp. (TRGP) Company Overview
Targa Resources Corp. owns, operates, acquires, and develops a portfolio of complementary domestic. Review TRGP filings, fundamentals, valuation, and ownership on Finoriq.
Company Snapshot
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 Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
- Company
- Targa Resources Corp. (TRGP)
- Ticker
- TRGP
- Market Cap
- $60.7B
- Latest Price
- $282.74
- Industry
- Natural Gas Distribution
Targa Resources Corp. (TRGP) Current Valuation Metrics
Static valuation preview for Targa Resources Corp. (TRGP). Market data retrieved 2026-07-07. Filing currency USD.
| Metric | Value | Source |
|---|---|---|
| P/EMarket cap divided by latest TTM net income. | 27.6x | Net Income | TTM Q1 2026 |
| P/SMarket cap divided by latest TTM revenue. | 3.55x | Revenue | TTM Q1 2026 |
| P/Operating Cash FlowMarket cap divided by latest TTM operating cash flow. | 15.9x | Operating Cash Flow | TTM Q1 2026 |
| Earnings YieldLatest TTM net income divided by market cap. | 3.6% | Net Income | TTM Q1 2026 |
| Operating Cash Flow YieldLatest TTM operating cash flow divided by market cap. | 6.3% | Operating Cash Flow | TTM Q1 2026 |
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