Stock Fundamentals

Company Information

Company Name
Targa Resources Inc
Sector
Energy
Industry
Oil & Gas Midstream
Exchange
NYSE
ISIN: US87612G1013
CIK: 0001389170
CUSIP: 87612G101
Currency: USD
Full Time Employees: 3,570
Phone: 713 584 1000
Fiscal Year End: December
IPO Date: Dec 07, 2010
Description:

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Address:

811 Louisiana Street, Houston, TX, United States, 77002

Directors & Officers

Name Title Year Born
Mr. Matthew J. Meloy CEO & Director 1978
Ms. Jennifer R. Kneale President 1980
Mr. Patrick J. McDonie President of Gathering & Processing 1961
Mr. Robert M. Muraro Chief Commercial Officer 1977
Mr. William A. Byers Chief Financial Officer 1977
Mr. John Christopher Eklof Senior VP & Chief Accounting Officer 1970
Mr. Tristan James Richardson VP of Investor Relations & Fundamentals NA
Mr. Gerald R. Shrader Executive VP, General Counsel & Secretary 1960
Mr. Denny Latham Executive Vice President of Permian NA
Mr. Benjamin J. Branstetter President of Logistics & Transportation 1986

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 28.16M Dec 31, 2025 13.10% $0.08 -0.78%
BlackRock Inc 19.84M Sep 30, 2025 9.23% $0.06 -5.87%
Wellington Management Company LLP 18.48M Dec 31, 2025 8.60% $0.60 -5.90%
State Street Corp 12.51M Sep 30, 2025 5.82% $0.07 -2.98%
Harris Associates L.P. 9.73M Dec 31, 2025 4.53% $2.27 134.17%
Geode Capital Management, LLC 5.82M Sep 30, 2025 2.71% $0.06 -0.60%
NORGES BANK 3.99M Dec 31, 2025 1.86% $0.08 -2.00%
Blackstone Inc 3.82M Sep 30, 2025 1.78% $2.57 5.28%
Amvescap Plc. 3.44M Sep 30, 2025 1.60% $0.09 -8.23%
Morgan Stanley - Brokerage Accounts 3.41M Sep 30, 2025 1.59% $0.03 -5.47%
Tortoise Midstream Energy Fund, Inc. 3.39M Dec 31, 2025 1.58% $7.96 20.33%
D. E. Shaw & Co LP 2.79M Dec 31, 2025 1.30% $0.28 39.13%
Neuberger Berman Group LLC 2.79M Sep 30, 2025 1.30% $0.34 -8.08%
T. Rowe Price Associates, Inc. 2.68M Sep 30, 2025 1.24% $0.05 -9.16%
UBS Group AG 2.36M Sep 30, 2025 1.10% $0.06 9.91%
Dimensional Fund Advisors, Inc. 2.26M Dec 31, 2025 1.05% $0.09 -0.71%
The Goldman Sachs Group Inc 2.21M Sep 30, 2025 1.03% $0.05 3.57%
Northern Trust Corp 2.18M Sep 30, 2025 1.01% $0.05 4.05%
Amundi 2.10M Sep 30, 2025 0.98% $0.11 -6.27%
FMR Inc 2.03M Dec 31, 2025 0.94% $0.02 2.28%

Shares Statistics

Shares Outstanding: 214.95M
Shares Float: 211.47M
% Insiders: 137.50%
% Institutions: 9,562.70%
Short % Float: 2.45%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Group Inc 28.16M 13.10% ▼ 0.78% Dec 31, 2025
2 BlackRock Inc 19.84M 9.23% ▼ 5.87% Sep 30, 2025
3 Wellington Management Company LLP 18.48M 8.60% ▼ 5.90% Dec 31, 2025
4 State Street Corp 12.51M 5.82% ▼ 2.98% Sep 30, 2025
5 Harris Associates L.P. 9.73M 4.53% ▲ 134.17% Dec 31, 2025
6 Geode Capital Management, LLC 5.82M 2.71% ▼ 0.60% Sep 30, 2025
7 NORGES BANK 3.99M 1.86% ▼ 2.00% Dec 31, 2025
8 Blackstone Inc 3.82M 1.78% ▲ 5.28% Sep 30, 2025
9 Amvescap Plc. 3.44M 1.60% ▼ 8.23% Sep 30, 2025
10 Morgan Stanley - Brokerage Accounts 3.41M 1.59% ▼ 5.47% Sep 30, 2025

Valuation Metrics

Enterprise Value: $68.20B
Trailing P/E: 28.05
Forward P/E: 25.25

Financial Highlights

Market Cap: $51.19B
EBITDA: $4.85B
P/E Ratio: $28.05
PEG Ratio: $1.23
Book Value: $14.29
Dividend/Share: $4.00
Dividend Yield: 1.69%
Earnings/Share: $8.49
Profit Margin: 11.29%
Operating Margin: 22.62%
ROA (TTM): 8.68%
ROE (TTM): 51.38%
Revenue (TTM): $17.03B
Revenue/Share (TTM): $78.80
Earnings Growth (YOY): 74.50%
Revenue Growth (YOY): -7.90%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.67x 5.61x 0.87x 4.04x 3.54x
2024-12-31 0.72x 5.38x 0.81x 3.84x 3.37x
2023-12-31 0.79x 4.64x 0.78x 3.18x 3.20x
2022-12-31 0.77x 4.26x 0.75x 5.57x 3.53x
2021-12-31 0.77x 3.27x 0.66x 4.69x 3.87x
2020-12-31 0.82x 2.92x 0.63x 3.23x -24.71x
2019-12-31 0.89x 1.58x 0.55x 0.57x 6.17x
2018-12-31 0.51x 1.10x 0.56x 2.01x 5.82x
2017-12-31 0.79x 0.79x 0.52x 1.37x 6.70x
2016-12-31 0.86x 0.90x 0.54x 0.88x 6.45x
2015-12-31 1.04x 4.12x 0.53x 1.55x 7.50x
2014-12-31 1.07x 18.07x 0.61x 4.46x 3.10x
2013-12-31 1.16x 20.14x 0.65x 2.78x 4.59x
2012-12-31 1.07x 17.23x 0.66x 2.74x 4.86x
2011-12-31 1.17x 9.91x 0.65x 3.39x 2.98x
2010-12-31 1.20x 10.64x 0.69x 1.85x 4.12x
2009-12-31 1.35x 18.38x 0.78x 1.66x 3.98x
2008-12-31 1.84x 14.77x 0.77x 1.76x 4.35x
2007-12-31 N/A N/A N/A N/A N/A

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 05, 2026 Robert Muraro N/A Sale 24.59K $241.34 $5.93M
Mar 02, 2026 Patrick J Mcdonie N/A Sale 31.54K $239.36 $7.55M
Feb 26, 2026 Lindsey Cooksen N/A Sale 435.00 $231.72 $100.80K
Feb 25, 2026 D. Scott Pryor N/A Sale 17.50K $228.92 $4.01M
Feb 24, 2026 Charles R Crisp N/A Sale 1.36K $229.30 $311.62K
Feb 24, 2026 Jennifer R Kneale N/A Sale 29.51K $230.12 $6.79M
Jan 09, 2026 Gilbert Ray Cisneros, Jr. N/A Sale N/A $176.83 N/A
Dec 19, 2025 Gilbert Ray Cisneros, Jr. N/A Purchase N/A $178.33 N/A
Dec 05, 2025 Gerald R Shrader N/A Sale 2.75K $181.21 $498.33K
Nov 18, 2025 Gilbert Ray Cisneros, Jr. N/A Purchase N/A $170.00 N/A
Nov 14, 2025 D. Scott Pryor N/A Sale 20.00K $172.21 $3.44M

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