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TRGP · Targa Resources Corp.

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$297.09 -0.68 (-0.23%) At close · Aug 19
Market Cap
$63.85B
Shares
214.43M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$297.09 Open$298.30 Day$292.03–299.34 52W close$146.30–297.77 Avg vol 30d1.2M Short int4.6M · 2.1% float · 4.0d Short vol71% Last earningsAug 6, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 6

Up next

Next earnings call
Nov 5, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 6, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Strong Buy Momentum Very Strong Sentiment Neutral Fundamentals Strong Quant / Vol Moderate
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +29%
      above
      Price vs 50-day avg +10%
      above
      RSI (14) 67
      neutral
      MACD trend Positive
      52-week position 100%
      near high
      Momentum
      relative strength
      Very Strong
      1-month return +4%
      trailing
      6-month return +28%
      trailing
      YTD return +61%
      this year
      Relative strength +17%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $271 › 200d $230 — 50d above 200d
      Institutional flow Accumulating
      +4% holders QoQ · +143 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.14% of float · ▲ +10.4% MoM · 4.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,087 holders — near 3-yr high, broad support
      Squeeze score 62
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +4%
      Y/Y
      Gross margin 15%
      expanding
      EPS growth +48%
      Y/Y
      Free cash flow $584.1M
      Valuation P/E 28.5
      rich
      Buyback $1.2B
      remaining
      Balance sheet $5.6B
      net debt
      Quant / Vol
      risk profile
      Moderate
      Volatility 29%
      annualized · 1-yr
      Max drawdown −16%
      past year
      ATR 2.9%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Aug 6, 2026
      Adjusted EBITDA · full year 2026 Non-GAAP Initiated $5.7B – $5.9B
      Net growth capital expenditures · full year 2026 Initiated $4.5B
      Net maintenance capital expenditures · full year 2026 Initiated $250M
      Prior guidance period ended · from the 8-K filed Nov 5, 2025
      Full year adjusted EBITDA · full year 2025 $4.65B – $4.85B
      Net growth capital expenditures · full year 2025 $3.3B
      Net maintenance capital expenditures · full year 2025 $250M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 2 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +29% Bullish
      Price vs 50-day avg
      +10% Bullish
      RSI (14)
      67 Neutral
      MACD trend
      Positive Bullish
      52-week position
      100% Bullish
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $271 › 200d $230 — 50d above 200d
      Institutional flow Accumulating
      +4% holders QoQ · +143 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.14% of float · ▲ +10.4% MoM · 4.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,087 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $146 Now $297 · 100% Range high $298
      vs 200-day avg +29% vs 50-day avg +10%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      remaining authorization under Share Repurchase Programs $1.24B As of June 30, 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Oil & Gas Midstream — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      TRGP
      Targa Resources Corp.
      this stock
      $63.85B +61.0% +3.9% 28.5 2.1%
      ENB
      Enbridge Inc
      $109.64B +5.1% 1.4%
      WMB
      Williams Companies, Inc.
      $91.90B +21.8% +13.8% 29.9 2.2%
      EPD
      Enterprise Products Partners L.P.
      $82.68B +18.9% -6.4% 0.8%
      ET
      Energy Transfer LP
      $73.22B +28.4% +3.5% 0.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,087
      % held
      93.9%
      Net QoQ
      +1.4M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      878
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      4.6M
      Days to cover
      4.0d
      Change
      +433.8K sh
      View
      Short Volume
      Short vol %
      71%
      As of
      Aug 19, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      1.7K
      Value
      $474.3K
      As of
      Jul 24, 2026
      View
      Off-Exchange
      Off-exchange %
      44.9%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Gilbert Cisneros
      Amount
      $1.0K–$15.0K
      Traded
      Feb 10, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $17.0B
      Net income (FY)
      $1.9B
      EPS diluted
      $8.49
      View
      Buybacks
      Remaining
      $1.2B
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 6, 2026
      This year
      12
      View
      Proposed Sales
      Value
      $2.7M
      Shares
      10.6K
      Filed
      May 12, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 6, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      TRGP +10.6% +4.4% +28.5% +9.9% +61.0%
      SPY -0.4% +2.9% +11.6% +3.0% +12.8%
      vs SPY +11.0% +1.5% +16.9% +6.9% +48.2%

      Capital returns

      Latest dividend
      $1.25 / share · ex Jul 31, 2026
      Raised 25%
      Paid (TTM)
      $4.50 / share · 4 payouts
      Dividend yield (TTM, derived)
      1.51%
      Buyback program · as of Jun 30, 2026
      Authorized
      Spent (derived)
      Remaining
      $1.24B

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1389170 CUSIP 87612G101 13F (30d) 959 filings 924 filers Visit website Investor relations