Valuation: Targa Resources Corp.

Market Cap 59.89B 53.28B 49.78B 45.4B 85.19B 5,768B 86.46B 601B 233B 2,940B 225B 220B 9,470B P/E 2026 *
24.8x
P/E 2027 * 22.6x
Enterprise Value 80.13B 71.28B 66.61B 60.74B 114B 7,717B 116B 804B 312B 3,934B 301B 294B 12,669B EV / Sales 2026 *
4.23x
EV / Sales 2027 * 3.42x
Free-Float
86.93%
Yield 2026 *
1.79%
Yield 2027 * 2.12%
Manager TitleAgeSince
Chief Executive Officer 48 01/03/2020
Director of Finance/CFO 41 01/09/2026
Director of Finance/CFO 47 01/03/2018
Director TitleAgeSince
Chairman 65 01/03/2020
Director/Board Member 78 27/10/2005
Chairman 66 01/01/2021
Change 5-day change 1-year change 3-year change Capi.($)
-.--%+1.68% - - 57.96B
-0.57%-2.52%-6.32%+45.99% 104B
+1.84%-2.66%+9.27%+105.46% 83.14B
+0.17%-5.06%+14.07%+30.33% 76.9B
+1.67%-1.90%+17.13%+43.26% 68.07B
+1.26%-2.68%+7.84%+84.14% 67.14B
+1.24%-1.64%+10.23%+78.57% 60.47B
+3.33%-1.31%+66.71%+225.84% 57.96B
+0.05%-4.18%+12.81%+58.42% 57.1B
+1.25%-0.44%+15.92%+64.14% 55.56B
Average +0.50%-3.63%+16.41%+81.79% 70.02B
Weighted average by Cap. +0.51%-3.59%+14.27%+78.09%

Financials

2026 *2027 *
Net sales 18.96B 16.86B 15.76B 14.37B 26.96B 1,826B 27.36B 190B 73.71B 931B 71.17B 69.62B 2,997B 23.81B 21.18B 19.79B 18.05B 33.87B 2,293B 34.37B 239B 92.59B 1,169B 89.4B 87.45B 3,765B
Net income 2.42B 2.15B 2.01B 1.83B 3.44B 233B 3.49B 24.24B 9.4B 119B 9.07B 8.87B 382B 2.62B 2.33B 2.18B 1.99B 3.73B 252B 3.78B 26.29B 10.19B 129B 9.84B 9.63B 414B
Net Debt 20.24B 18B 16.82B 15.34B 28.78B 1,949B 29.21B 203B 78.69B 993B 75.97B 74.32B 3,199B 21.55B 19.17B 17.91B 16.33B 30.65B 2,075B 31.1B 216B 83.78B 1,058B 80.89B 79.14B 3,407B
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
-