0LD9 Stock Chart & Stats
$261.95
$3.12(1.19%)
At close: 4:00 PM EDT
$261.95
$3.12(1.19%)
Day’s Range― - ―
52-Week Range$143.89 - $311.57
Previous CloseN/A
Volume66.00
Average Volume (3M)168.00
Market Cap
$61.52B
Enterprise Value$77.21K
Total Cash (Recent Filing)$132.30M
Total Debt (Recent Filing)$20.14B
Price to Earnings (P/E)27.9
Beta0.56
Next Earnings
Oct 29, 2026EPS Estimate
2.7Next Dividend Ex-DateN/A
Dividend Yield1.54%
Share Statistics
EPS (TTM)10.53
Shares Outstanding214,431,020
10 Day Avg. Volume158
30 Day Avg. Volume168
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)12.93
Price to Sales (P/S)2.31
P/FCF Ratio67.91
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$311.75Price Target Upside19.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)11.19
Revenue Forecast (FY)$19.22B
Bulls Say, Bears Say
Bulls Say
Record Throughput GrowthRecord volumes across gathering, transportation and fractionation show strong customer demand and improving asset utilization. Sustained Permian growth and integrated downstream capacity can support durable earnings expansion over the next several years.
Improving ProfitabilityHigher EBITDA, gross margin and net margin indicate stronger operating performance and earnings power. The improvement is supported by volume growth, better spreads and project execution, providing a stronger base for continued cash generation.
Integrated Expansion PipelineA broad, connected infrastructure pipeline strengthens Targa’s wellhead-to-export network and enables it to capture value across multiple stages of the NGL chain. New capacity should support volume growth and improve system integration as projects enter service.
Bears Say
High Financial LeverageThe substantial debt load leaves Targa with a relatively limited equity cushion if commodity conditions, volumes or capital markets weaken. Elevated leverage can also constrain financial flexibility while the company funds an ambitious expansion program.
Capital Intensity Limits Free Cash FlowLarge growth investments are necessary to expand capacity but currently absorb much of the company’s earnings, reducing free-cash-flow conversion. This creates execution and funding demands and makes durable shareholder returns more dependent on project completion.
Commodity And Basis ExposureAlthough much of the curtailed volume returned, regional basis volatility and commodity-sensitive contracts can reduce throughput and margins. Persistent price weakness could delay recovery toward fee floors and make earnings less predictable than a fully fee-based model.
Targa Resources News
0LD9 FAQ
What was Targa Resources’s price range in the past 12 months?
Targa Resources lowest share price was $143.89 and its highest was $311.57 in the past 12 months.
What is Targa Resources’s market cap?
Targa Resources’s market cap is $61.52B.
When is Targa Resources’s upcoming earnings report date?
Targa Resources’s upcoming earnings report date is Oct 29, 2026 which is in 62 days.
How were Targa Resources’s earnings last quarter?
Targa Resources released its earnings results on Aug 06, 2026. The company reported $3.55 earnings per share for the quarter, beating the consensus estimate of $2.831 by $0.719.
Is Targa Resources overvalued?
According to Wall Street analysts Targa Resources’s price is currently Undervalued.
Does Targa Resources pay dividends?
Targa Resources pays a Quarterly dividend of $1.25 which represents an annual dividend yield of 1.54%. See more information on Targa Resources dividends here
What is Targa Resources’s EPS estimate?
Targa Resources’s EPS estimate is 2.7.
How many shares outstanding does Targa Resources have?
Targa Resources has 214,431,020 shares outstanding.
What happened to Targa Resources’s price movement after its last earnings report?
Targa Resources reported an EPS of $3.55 in its last earnings report, beating expectations of $2.831. Following the earnings report the stock price went up 1.971%.
Which hedge fund is a major shareholder of Targa Resources?
Currently, no hedge funds are holding shares in GB:0LD9
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Targa Resources Stock Smart Score
Company Description
Targa Resources
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
0LD9 Company Deck
0LD9 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution and record volumes across the Permian and downstream systems, with significant adjusted EBITDA growth, project progress (multiple plants, fractionators and pipeline expansions), robust liquidity and increased shareholder returns. Key near-term challenges include earlier price-driven shut-ins, per-unit margin pressure in G&P due to commodity sensitivity, moderation of marketing optimization gains in H2, and extended lead times for some project components. On balance, the positive operational momentum, record throughput, project execution and financial strength materially outweigh the disclosed headwinds.View all GB:0LD9 earnings summaries0LD9 Revenue Breakdown
15.81% Gathering and Processing
84.22% Logistics and Transportation
-0.03% Other
0LD9 Stock 12 Month Forecast
Average Price Target
$311.75
▲(19.01% Upside)