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TRGP · Targa Resources Corp.

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$275.79 +8.91 (+3.34%) At close · Aug 14
Market Cap
$57.61B
Shares
214.43M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$275.79 Open$269.59 Day$268.45–277.16 52W close$146.30–285.58 Avg vol 30d1.1M Short int4.6M · 2.1% float · 4.0d Short vol63% Last earningsAug 6, 2026 DataJan 2020–Aug 2026 Filing10-Q · Aug 6

Up next

Next earnings call
Nov 5, 2026 Est · unconfirmed · in 12 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 Strong Sentiment Neutral Fundamentals Strong Quant / Vol Moderate
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +21%
      above
      Price vs 50-day avg +2%
      above
      RSI (14) 55
      neutral
      MACD trend Positive
      52-week position 93%
      near high
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Strong
      1-month return −3%
      trailing
      6-month return +19%
      trailing
      YTD return +49%
      this year
      Relative strength +5%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $270 › 200d $228 — 50d above 200d
      Institutional flow Accumulating
      +2% holders QoQ · +139 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
      1,067 holders — near 3-yr high, broad support
      Squeeze score 50
      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 25.7
      in line
      Buyback $1.2B
      remaining
      Balance sheet $5.6B
      net debt
      Quant / Vol
      risk profile
      Moderate
      Volatility 28%
      annualized · 1-yr
      Max drawdown −16%
      past year
      ATR 2.8%
      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 $5.7B – $5.9B
      Net growth capital expenditures · full year 2026 $4.5B
      Net maintenance capital expenditures · full year 2026 $250M
      Prior guidance period ended · from the Earnings Call filed Mar 31, 2025
      Adjusted EBITDA · full year 2025 $4.65B – $4.85B
      Net growth capital spending · 2025 $2.6B – $2.8B
      Net maintenance capital spending · 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 · 3 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +21% Bullish
      Price vs 50-day avg
      +2% Bullish
      RSI (14)
      55 Neutral
      MACD trend
      Positive Bullish
      52-week position
      93% Bullish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $270 › 200d $228 — 50d above 200d
      Institutional flow Accumulating
      +2% holders QoQ · +139 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
      1,067 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $146 Now $276 · 93% Range high $286
      vs 200-day avg +21% vs 50-day avg +2%

      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
      Adjusted cash flow from operations non-GAAP $2.55B Six Months Ended June 30, 2026
      remaining authorization under Share Repurchase Programs $1.32B as of March 31, 2026
      shares repurchased 227,801 first quarter 2026
      Adjusted operating margin non-GAAP $3.35B Year Ended December 31, 2025
      NGL production - Total Permian 937.7 Three Months Ended December 31, 2025
      Plant natural gas inlet - Permian Delaware 3,408.6 Three Months Ended December 31, 2025
      Plant natural gas inlet - Permian Midland 3,242.1 Three Months Ended December 31, 2025
      Plant natural gas inlet - Total 8,016.2 Year Ended December 31, 2025
      Plant natural gas inlet - Total Permian 6,391.4 Year Ended December 31, 2025

      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
      $57.61B +49.5% +3.9% 25.7 2.1%
      ENB
      Enbridge Inc
      $111.19B +6.4% 1.4%
      WMB
      Williams Companies, Inc.
      $90.15B +25.1% +13.8% 29.4 2.2%
      EPD
      Enterprise Products Partners L.P.
      $84.00B +21.3% -6.4% 0.8%
      KMI
      Kinder Morgan, Inc.
      $73.08B +19.4% +12.2% 21.0 2.0%

      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
      1,067
      % held
      93.8%
      Net QoQ
      +1.1M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      1,181
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      4.6M
      Days to cover
      4.0d
      Change
      +433.8K sh
      View
      Short Volume
      Short vol %
      63%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      54
      Value
      $14.7K
      As of
      Jul 10, 2026
      View
      Off-Exchange
      Off-exchange %
      40.4%
      Week of
      Jul 6, 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 +7.4% -2.5% +18.9% +2.0% +49.5%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY +7.0% -7.0% +5.2% -1.9% +35.6%

      Capital returns

      Latest dividend
      $1.25 / share · ex Jul 31, 2026
      Raised 25%
      Paid (TTM)
      $4.50 / share · 4 payouts
      Dividend yield (TTM, derived)
      1.63%
      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) 995 filings 959 filers Visit website Investor relations