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Targa Resources Corp. (TRGP)

Energy | Oil & Gas Midstream | Houston, United States | NYSE
235.50 USD -4.31 (-1.797%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 234.00 -1.50 (-1.500%) ⇩ (April 17, 2026, 8 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 3:52 p.m. EDT

TRGP appears to be a mixed opportunity. Short-term traders may find some momentum in the recent price fluctuations, but the overall market sentiment is cautious. Long-term investors might consider the stock's fundamentals and recent dips as potential entry points, especially with the positive analyst ratings. Dividend yields are moderate, making it a decent option for income-focused investors. However, the high debt-to-equity ratio and volatile options activity suggest caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.060550
AutoTheta0.153473
MSTL0.176881
AutoETS0.179514

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.51
Ljung-Box p 0.000
Jarque-Bera p 0.433
Excess Kurtosis -0.31
Attribute Value
Sector Energy
Ex Dividend Date 2026-04-29
Last Dividend Date 2026-01-29
Debt to Equity Ratio 548.63
Revenue per Share 78.798
Market Cap 50,621,145,088
Trailing P/E 27.71
Forward P/E 20.47
Beta 0.81
Profit Margins 11.29%
Website https://www.targaresources.com

As of April 11, 2026, 3:52 p.m. EDT: Options activity shows mixed signals. The ATM strike at 240 is consistently noted as an anchor, suggesting some support. However, there is a notable volume spike in out-of-the-money puts, indicating potential bearish sentiment. The IV spikes on certain strikes suggest increased volatility expectations, possibly due to market uncertainty or upcoming events. The overall options data indicates a cautious approach with a slight bias towards short-term volatility.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.50% 2.35% 2.35% 2.12%
Dividend History
Date Dividend Yield %
2026-01-30 1.000 0.497562
2025-10-31 1.000 0.652420
2025-07-31 1.000 0.607934
2025-04-30 1.000 0.595521
2025-01-31 0.750 0.390050
2024-10-31 0.750 0.461448
2024-07-31 0.750 0.572086
2024-04-29 0.750 0.664052
2024-01-30 0.500 0.599951
2023-10-30 0.500 0.628270
2023-07-28 0.500 0.655295
2023-04-27 0.500 0.715757
2023-01-30 0.350 0.507427
2022-10-28 0.350 0.560501
2022-07-28 0.350 0.561815
2022-04-28 0.350 0.498795
2022-01-28 0.350 0.659466
2021-10-28 0.100 0.198868
2021-07-29 0.100 0.256360
2021-04-29 0.100 0.316991
2021-01-29 0.100 0.404213
2020-10-29 0.100 0.693498
2020-07-30 0.100 0.598169
2020-04-30 0.100 0.866707
2020-01-30 0.910 2.783881
2019-10-31 0.910 2.715650
2019-07-30 0.910 2.779214
2019-04-30 0.910 2.754674
2019-01-30 0.910 2.618713
2018-10-30 0.910 2.307353
2018-07-31 0.910 2.302334
2018-04-30 0.910 2.547754
2018-01-31 0.910 2.541914
2017-10-31 0.910 2.996957
2017-07-28 0.910 2.717872
2017-04-28 0.910 2.350862
2017-01-30 0.910 2.304322
2016-10-31 0.910 3.048243
2016-07-29 0.910 3.664429
2016-04-29 0.910 3.459277
2016-01-29 0.910 6.378805
2015-10-29 0.910 2.715705
2015-07-30 0.875 1.625288
2015-04-30 0.830 1.329763
2015-01-29 0.775 1.537423
2014-10-30 0.733 1.001113
2014-07-24 0.690 0.876011
2014-04-24 0.648 1.046993
2014-01-23 0.608 1.180810
2013-10-29 0.570 1.274150
2013-07-25 0.532 1.362615
2013-04-25 0.495 1.330922
2013-01-24 0.458 1.390731
2012-10-18 0.423 1.506741
2012-07-19 0.394 1.588731
2012-04-19 0.365 1.456881
2012-01-19 0.336 1.492557
2011-10-19 0.308 1.738631
2011-07-19 0.290 1.605016
2011-04-19 0.273 1.583978
2011-02-01 0.062 0.387277
Additional Data
dividendRate 4.25
dividendYield 1.8
exDividendDate 2026-04-30
trailingAnnualDividendRate 4.0
trailingAnnualDividendYield 0.016679872
lastDividendValue 1.0
lastDividendDate 2026-01-30
dividendDate 2026-02-13

Info Dump

Attribute Value
52 Week Change 0.43126297
Address1 811 Louisiana Street
Address2 Suite 2100
All Time High 253.87
All Time Low 3.66
Ask 235.8
Ask Size 100
Audit Risk 4
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 1,242,080
Average Daily Volume3 Month 1,502,200
Average Volume 1,502,200
Average Volume10Days 1,242,080
Beta 0.811
Bid 220.55
Bid Size 300
Board Risk 8
Book Value 14.292
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 235.5
Current Ratio 0.666
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 236.59
Day Low 231.0001
Debt To Equity 548.63
Display Name Targa Resources
Dividend Date 1,770,940,800
Dividend Rate 4.25
Dividend Yield 1.8
Earnings Call Timestamp End 1,778,166,000
Earnings Call Timestamp Start 1,778,166,000
Earnings Growth 0.745
Earnings Quarterly Growth 0.553
Earnings Timestamp 1,778,157,000
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda 4,846,499,840
Ebitda Margins 0.28461
Enterprise To Ebitda 14.058
Enterprise To Revenue 4.001
Enterprise Value 68,131,647,488
Eps Current Year 10.42327
Eps Forward 11.50661
Eps Trailing Twelve Months 8.5
Esg Populated 0
Ex Dividend Date 1,777,507,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 713 584 1100
Fifty Day Average 236.0454
Fifty Day Average Change -0.5453949
Fifty Day Average Change Percent -0.002310551
Fifty Two Week Change Percent 43.126297
Fifty Two Week High 253.87
Fifty Two Week High Change -18.369995
Fifty Two Week High Change Percent -0.07235985
Fifty Two Week Low 144.14
Fifty Two Week Low Change 91.36
Fifty Two Week Low Change Percent 0.6338282
Fifty Two Week Range 144.14 - 253.87
Financial Currency USD
First Trade Date Milliseconds 1,291,732,200,000
Five Year Avg Dividend Yield 1.68
Float Shares 211,712,474
Forward Eps 11.50661
Forward P E 20.466497
Free Cashflow -264,400,000
Full Exchange Name NYSE
Full Time Employees 3,570
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.38292
Gross Profits 6,520,500,224
Has Pre Post Market Data 1
Held Percent Insiders 0.01393
Held Percent Institutions 0.95932996
Implied Shares Outstanding 214,951,799
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,769,731,200
Last Dividend Value 1.0
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Targa Resources Corp.
Market us_market
Market Cap 50,621,145,088
Market State CLOSED
Max Age 86,400
Message Board Id finmb_39153321
Most Recent Quarter 1,767,139,200
Net Income To Common 1,841,400,064
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 50,585,863,699
Number Of Analyst Opinions 21
Open 235.92
Operating Cashflow 3,917,400,064
Operating Margins 0.22621
Overall Risk 9
Payout Ratio 0.44169998
Peg Ratio 1.25
Phone 713 584 1000
Post Market Change -1.5
Post Market Change Percent -0.6369427
Post Market Price 234.0
Post Market Time 1,776,470,400
Previous Close 239.81
Price Eps Current Year 22.593678
Price Hint 2
Price To Book 16.47775
Price To Sales Trailing12 Months 2.9727657
Profit Margins 0.11293
Quick Ratio 0.463
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.40909
Region US
Regular Market Change -4.31
Regular Market Change Percent -1.79726
Regular Market Day High 236.59
Regular Market Day Low 231.0001
Regular Market Day Range 231.0001 - 236.59
Regular Market Open 235.92
Regular Market Previous Close 239.81
Regular Market Price 235.5
Regular Market Time 1,776,456,003
Regular Market Volume 2,106,352
Return On Assets 0.086840004
Return On Equity 0.51381
Revenue Growth -0.079
Revenue Per Share 78.798
Sand P52 Week Change 0.38150132
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 9
Shares Outstanding 214,801,969
Shares Percent Shares Out 0.021300001
Shares Short 4,581,674
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 4,532,891
Short Name Targa Resources, Inc.
Short Percent Of Float 0.025
Short Ratio 2.78
Source Interval 15
State TX
Symbol TRGP
Target High Price 327.0
Target Low Price 231.0
Target Mean Price 262.85715
Target Median Price 261.0
Total Cash 166,100,000
Total Cash Per Share 0.773
Total Debt 17,546,299,392
Total Revenue 17,028,299,776
Tradeable 0
Trailing Annual Dividend Rate 4.0
Trailing Annual Dividend Yield 0.016679872
Trailing Eps 8.5
Trailing P E 27.705883
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 187.04405
Two Hundred Day Average Change 48.455948
Two Hundred Day Average Change Percent 0.2590617
Type Disp Equity
Volume 2,106,352
Website https://www.targaresources.com
Zip 77,002