Nama Insights

Targa Resources (TRGP)

Energy · Oil Gas Midstream · NYSE

S&P 500
Targa Resources (TRGP) is a Energy company in the Oil Gas Midstream industry. It has a market capitalization of $56.74B, a trailing price-to-earnings ratio of 22.7 and a free-cash-flow yield of 1.0%. Over the most recent reported fiscal year, revenue grew 4.0% and free cash flow per share fell 13.4%. Nama's AI scorecard rates it Hold, 5.2 out of 10. On 12-month momentum it ranks in the leading band of its market.
AI scorecard
Hold · 5.2/10
The sections balance. As of Nov 7, 2026.
Momentum
Leading · +67.2% over 12 months ex. last
Top 20% of its market on the past year's steady rise.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-16.4%
How far the last close sits under the highest price of the past five years.
Market cap$56.74B
Trailing P/E22.7
Price / book15.5
Price / sales3.4
FCF yield1.0%
Dividend yield1.9%
Gross margin33.3%
Operating margin22.9%
Net margin13.5%
Revenue growth (YoY)+4.0%
Revenue growth (3-yr annual)-6.7%
EPS growth (YoY)+34.7%
FCF/share growth (YoY)-13.4%
Beta0.8
ExchangeNYSE
SectorEnergy
IndustryOil Gas Midstream

TRGP earnings

Next report: Feb 18, 2027 (Q4 2026, EPS estimate $3.02). Beat the EPS estimate in 4 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 5, 2026 $2.96 $2.86 +3.5% $5.60B
Q2 2026 Aug 6, 2026 $3.25 $2.84 +14.4% $4.44B
Q1 2026 May 7, 2026 $2.76 $2.57 +7.4% $4.09B
Q4 2025 Feb 19, 2026 $2.69 $2.40 +12.1% $4.06B

TRGP analyst price target

Median target $330.00 from 21 analysts, ranging $294.00 – $359.00.

Oil Gas Midstream peers

TickerCompanyMarket capP/E
ENB Enbridge $104.51B 22.3
WMB Williams Companies $80.11B 27.6
EPD Enterprise Products Partners $79.86B 12.2
KMI Kinder Morgan $66.74B 18.8
TRP TC Energy $64.51B 22.7
LNG Cheniere Energy $56.76B 15.1
MPLX MPLX $56.64B 13.4
OKE ONEOK $53.71B 13.1
Explore live TRGP data on Nama Insights →

Recent Congressional trades

Targa Resources trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Gilbert Cisneros House Buy $1,001 - $15,000 Mar 9, 2026
Gilbert Cisneros House Sell $1,001 - $15,000 Feb 13, 2026
Gilbert Cisneros House Buy $1,001 - $15,000 Jan 12, 2026
Gilbert Cisneros House Buy $1,001 - $15,000 Dec 15, 2025
Gilbert Cisneros House Buy $1,001 - $15,000 Dec 15, 2025
Lisa McClain House Buy $1,001 - $15,000 Aug 13, 2025
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Buy $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —
David A Perdue , Jr Senate Sell $1,001 - $15,000 —

TRGP FAQ

Is TRGP a buy?
Nama's AI scorecard currently rates Targa Resources Hold (5.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is TRGP's P/E ratio?
Targa Resources trades at a trailing price-to-earnings ratio of 22.7.
When does TRGP report earnings?
Targa Resources's next scheduled report is on Feb 18, 2027. Analysts expect EPS of $3.02.
What is the TRGP price target?
The median analyst price target from 21 analysts is $330.00, with a range of $294.00 – $359.00.
Is TRGP Shariah compliant?
Nama's AAOIFI-style screen reads Targa Resources as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does TRGP pay a dividend?
Yes — Targa Resources's dividend yield is 1.9%.

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