Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion
Globe Newswire (Mon, 1-Dec 7:00 AM ET)
Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes
Globe Newswire (Thu, 6-Nov 5:48 PM ET)
Globe Newswire (Wed, 5-Nov 6:00 AM ET)
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast
Globe Newswire (Thu, 16-Oct 5:24 PM ET)
Globe Newswire (Tue, 30-Sep 4:00 PM ET)
Targa Resources Corp. Releases Sustainability Report
Globe Newswire (Mon, 15-Sep 4:30 PM ET)
Bullish On TRGP? You Might Want To Consider This Credit Put Spread Expiring in 16 Days
Market Chameleon (Fri, 25-Oct 8:30 AM ET)
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
Targa Resources trades on the NYSE stock market under the symbol TRGP.
As of December 15, 2025, TRGP stock price declined to $182.51 with 230,280 million shares trading.
TRGP has a beta of 0.95, meaning it tends to be less sensitive to market movements. TRGP has a correlation of 0.20 to the broad based SPY ETF.
TRGP has a market cap of $39.18 billion. This is considered a Large Cap stock.
Last quarter Targa Resources reported $4 billion in Revenue and $2.20 earnings per share. This fell short of revenue expectation by $-547 million and missed earnings estimates by -$.03.
In the last 3 years, TRGP traded as high as $218.51 and as low as $64.85.
The top ETF exchange traded funds that TRGP belongs to (by Net Assets): VTI, VOO, XLE, VO, SPY.
TRGP has underperformed the market in the last year with a return of +0.4%, while SPY returned +14.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TRGP shares. However, TRGP has outperformed the market in the last 3 month and 2 week periods, returning +10.3% and +4.1%, while SPY returned +4.0% and -0.3%, respectively. This indicates TRGP has been having a stronger performance recently.
TRGP support price is $179.84 and resistance is $186.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRGP shares will trade within this expected range on the day.
