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Targa Resources (TRGP) Stock Price & Analysis

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TRGP Stock Chart & Stats

MX$5,085.01MX$0.00(0.00%)
At close:
Mex$2KMex$3KMex$4KJul 19Apr 23Aug 15Jan 24Aug 14Jan 23Aug 13
Day’s Range
MXN 5,085.01 - MXN 5,489.99
52-Week Range
MXN 2,868.00 - MXN 5,489.99
Previous Close
MXN 5,085.01
Volume
0
Average Volume (3M)
0
Market Cap
MXN 1.05T
Enterprise Value
MXN 77.96B
Total Cash (Recent Filing)
MXN 142.60M
Total Debt (Recent Filing)
MXN 19.84B
Price to Earnings (P/E)
23.3
Beta
0.11
Next Earnings
Feb 25, 2027 (Est.)
EPS Estimate
53.9
Next Dividend Ex-Date
N/A
Dividend Yield
1.55%

Bulls Say, Bears Say

Bulls Say

Permian Growth Visibility

Record Permian volumes and management’s expectation of multiple years of double-digit growth support durable throughput expansion. Higher utilization across gathering and processing infrastructure can improve earnings visibility and reinforce Targa’s position in a core producing basin over the next several years.

Long-term Fee-based Contracts

The ExxonMobil agreements extend customer commitments for two decades and add dedicated acreage to Targa’s system. Their fee-based structure should provide recurring infrastructure revenue, improve growth visibility, and support attractive returns as new processing and downstream assets are developed.

Expanding Integrated Platform

Record transportation and fractionation volumes demonstrate the scale and utilization of Targa’s integrated midstream network. Connectivity across gathering, processing, NGL handling, fractionation, and exports can deepen customer relationships and support durable operating leverage as regional production grows.

Bears Say

High Leverage

Targa’s elevated debt relative to its small equity base remains a material structural constraint despite some improvement in leverage. High financial obligations increase sensitivity to operating downturns and refinancing conditions, while limiting flexibility to fund growth and return capital simultaneously.

Capital-intensive Growth

Large growth investment requirements are needed to capture customer demand, but they delay the conversion of earnings into residual cash. Elevated 2027 spending and modest current free-cash-flow conversion could constrain deleveraging and shareholder returns until major projects begin contributing.

Commodity And Volume Sensitivity

Although fee-based activity provides support, curtailments and weaker marketing or LPG margins show that results remain exposed to producer economics and commodity-linked opportunities. This can create recurring quarter-to-quarter earnings volatility and complicate forecasting during adverse price environments.

Targa Resources News

TRGP FAQ

What was Targa Resources’s price range in the past 12 months?
Targa Resources lowest stock price was Mex$2868.00 and its highest was Mex$5489.99 in the past 12 months.
What is Targa Resources’s market cap?
Targa Resources’s market cap is Mex$1.05T.
When is Targa Resources’s upcoming earnings report date?
Targa Resources’s next earnings report is estimated for Feb 25, 2027 (not yet confirmed), which is in 108 days.
How were Targa Resources’s earnings last quarter?
Targa Resources released its earnings results on Nov 05, 2026. The company reported Mex$56.975 earnings per share for the quarter, beating the consensus estimate of Mex$51.015 by Mex$5.96.
Is Targa Resources overvalued?
According to Wall Street analysts Targa Resources’s price is currently Undervalued.
Does Targa Resources pay dividends?
Targa Resources does not currently pay dividends.
What is Targa Resources’s EPS estimate?
Targa Resources’s EPS estimate is 53.90.
How many shares outstanding does Targa Resources have?
Targa Resources has 214,554,020 shares outstanding.
What happened to Targa Resources’s price movement after its last earnings report?
Targa Resources reported an EPS of Mex$56.975 in its last earnings report, beating expectations of Mex$51.015. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Targa Resources?
Hedge funds hold Targa Resources shares: hedge funds increased their holdings by 100.1K shares last quarter.
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