Valuation: Targa Resources Corp.

Market Cap 67.54B 60.49B 55.64B 50.42B 94.24B 6,413B 96.01B 664B 266B 3,374B 253B 248B 10,639B P/E 2026 *
27.8x
P/E 2027 * 25.2x
Enterprise Value 87.87B 78.69B 72.39B 65.59B 123B 8,343B 125B 863B 347B 4,389B 330B 323B 13,840B EV / Sales 2026 *
4.61x
EV / Sales 2027 * 3.71x
Free-Float
86.93%
Yield 2026 *
1.58%
Yield 2027 * 1.88%
Manager TitleAgeSince
Chief Executive Officer 48 2020-02-29
Director of Finance/CFO 41 2026-08-31
Director of Finance/CFO 47 2018-02-28
Director TitleAgeSince
Chairman 65 2020-02-29
Director/Board Member 78 2005-10-26
Chairman 66 2020-12-31
Change 5-day change 1-year change 3-year change Capi.($)
-.--%+1.68% - - 67.54B
+0.30%+2.58%+5.67%+55.51% 110B
-0.71%+3.70%+28.48%+116.13% 90.94B
-0.88%+2.89%+23.90%+46.51% 82.38B
-0.29%-1.63%+29.32%+109.07% 75.45B
+0.14%+2.25%+24.24%+59.01% 72B
+1.24%+4.17%+104.49%+276.74% 67.54B
+3.57%+10.60%+55.81%+98.49% 67.45B
+0.11%+3.25%+28.10%+88.78% 67.33B
+0.45%+1.74%+18.52%+66.93% 60.99B
Average +0.39%+3.28%+35.39%+101.91% 77.17B
Weighted average by Cap. +0.32%+3.20%+33.10%+98.48%

Financials

2026 *2027 *
Net sales 19.05B 17.06B 15.69B 14.22B 26.58B 1,809B 27.08B 187B 75.13B 951B 71.49B 69.97B 3,001B 24B 21.5B 19.77B 17.92B 33.49B 2,279B 34.12B 236B 94.66B 1,199B 90.08B 88.17B 3,781B
Net income 2.43B 2.17B 2B 1.81B 3.39B 230B 3.45B 23.85B 9.57B 121B 9.11B 8.92B 382B 2.62B 2.35B 2.16B 1.96B 3.66B 249B 3.73B 25.76B 10.34B 131B 9.84B 9.63B 413B
Net Debt 20.32B 18.2B 16.74B 15.17B 28.36B 1,930B 28.89B 200B 80.15B 1,015B 76.27B 74.65B 3,201B 21.6B 19.34B 17.79B 16.12B 30.13B 2,051B 30.7B 212B 85.17B 1,079B 81.05B 79.32B 3,402B
Logo Targa Resources Corp.
Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets. Its segments include Gathering and Processing, and Logistics and Transportation. The Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells, removing impurities and processing this raw natural gas into merchantable natural gas by extracting natural gas liquids (NGLs); and assets used for the gathering, terminaling and/or purchase and sale of crude oil. The Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products and also includes other assets and value-added services such as transporting, storing, fractionating, terminaling, and marketing of NGLs and NGL products.
Employees
3,570
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Targa Resources Corp.