Valuation: Targa Resources Corp.

Market Cap 58.64B 51.64B 48.93B 44.17B 83.26B 5,623B 84.33B 585B 225B 2,875B 220B 215B 9,216B P/E 2026 *
24.3x
P/E 2027 * 22.1x
Enterprise Value 78.88B 69.46B 65.81B 59.42B 112B 7,563B 113B 787B 303B 3,866B 296B 290B 12,396B EV / Sales 2026 *
4.16x
EV / Sales 2027 * 3.37x
Free-Float
86.93%
Yield 2026 *
1.82%
Yield 2027 * 2.16%
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% - - 58.64B
-0.09%-1.96%-5.78%+51.17% 104B
-0.96%-4.42%+7.29%+106.41% 83.95B
-1.14%-5.22%+13.88%+30.92% 77.78B
-0.70%-3.51%+15.21%+43.47% 68.56B
-0.99%-3.89%+6.50%+86.57% 67.81B
-0.37%-2.84%+8.88%+80.09% 60.7B
-1.16%-4.49%+61.34%+224.00% 58.64B
-1.28%-4.23%+12.75%+60.32% 57.84B
+0.65%-1.67%+14.49%+65.53% 55.2B
Average -0.52%-2.87%+14.95%+83.16% 70.49B
Weighted average by Cap. -0.52%-2.87%+13.00%+79.77%

Financials

2026 *2027 *
Net sales 18.96B 16.69B 15.82B 14.28B 26.91B 1,818B 27.26B 189B 72.82B 929B 71.18B 69.63B 2,979B 23.81B 20.97B 19.87B 17.94B 33.8B 2,283B 34.24B 238B 91.47B 1,167B 89.41B 87.46B 3,742B
Net income 2.42B 2.13B 2.02B 1.82B 3.43B 232B 3.47B 24.12B 9.28B 118B 9.07B 8.87B 380B 2.62B 2.31B 2.19B 1.97B 3.72B 251B 3.77B 26.16B 10.07B 128B 9.84B 9.63B 412B
Net Debt 20.24B 17.82B 16.88B 15.24B 28.73B 1,940B 29.1B 202B 77.74B 992B 75.99B 74.33B 3,180B 21.55B 18.97B 17.98B 16.23B 30.59B 2,066B 30.98B 215B 82.77B 1,056B 80.91B 79.14B 3,386B
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
-