• $56.8B
    Market Cap
  • 64.24%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 79
  • True Yield: 35
  • Financial Health Score: N/A
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Latest Research & News

FLEX LNG vs. Targa Resources: Which Midstream Energy Stock Is a Better Buy in 2026?

The article compares two natural gas companies: FLEX LNG, a pure-play LNG shipping company with 13 modern carriers, and Targa Resources, a large U.S. midstream infrastructure operator. While FLEX LNG has lower valuation metrics and higher net margins, Targa Resources is recommended as the better buy for 2026 due to expected 18% revenue growth, strong positioning in major shale basins, and current market tailwinds from geopolitical disruptions. FLEX LNG faces headwinds from oversupply in the LNG tanker market.

06/15/2026, 4:03 PM • The Motley Fool

Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast

Targa Resources Corp. announced a 25% increase to its quarterly common dividend to $1.25 per share ($5.00 annualized) for Q1 2026. The company will report its first quarter 2026 financial results on May 7, 2026, followed by a live webcast at 11:00 a.m. ET to discuss results.

04/16/2026, 5:56 PM • Benzinga

Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast

Targa Resources Corp. announced a 25% increase to its quarterly common dividend to $1.25 per share ($5.00 annualized) for Q1 2026. The company will report Q1 2026 financial results on May 7, 2026, followed by a webcast at 11:00 a.m. ET to discuss results.

04/16/2026, 5:56 PM • GlobeNewswire

Battalion Oil Expands Monument Draw Position With Strategic Acquisition from Sundown

Battalion Oil Corporation announced an all-stock acquisition of 7,090 net acres in Ward County, Texas from RoadRunner Resource Holding LLC (formerly Sundown Energy LP) for 485,000 shares. The acquisition adds contiguous acreage to Battalion's Monument Draw position, expected to provide 30 high-quality drilling locations and immediate production from an existing well valued at approximately $700,000. The deal leverages Battalion's prior operational experience on the acreage and benefits from the company's recent sour gas treating agreement with Targa Resources.

03/10/2026, 12:30 PM • Benzinga

Targa Resources Corp. Announces Form 10-K Available

Targa Resources Corp. (NYSE: TRGP) has filed its Form 10-K for the year ended December 31, 2025, and reported record fourth quarter and full year 2025 financial results. The company, a leading midstream services provider and one of North America's largest independent infrastructure companies, has provided an outlook for record 2026 performance.

02/19/2026, 5:40 PM • GlobeNewswire

My 1 Favorite Income Stock to Buy Right Now in the Energy Sector

Energy Transfer (ET), a master limited partnership and pipeline operator, is highlighted as a top dividend income stock with a 7.5% yield. The company has secured major long-term contracts with hyperscalers like Oracle and Meta to supply natural gas for AI data centers, with over 6 billion cubic feet per day of new capacity contracted at an average life of 18 years, projected to generate $25 billion in future revenue. Management is also considering converting an existing NGL pipeline to natural gas service to capitalize on surging AI data center demand.

01/24/2026, 12:16 PM • The Motley Fool

Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast

Targa Resources Corp. announced a quarterly dividend of $1.00 per common share for Q4 2025, payable February 13, 2026. The company intends to increase its Q1 2026 dividend to $1.25 per share ($5.00 annualized). Fourth quarter 2025 earnings will be reported on February 19, 2026, with a webcast at 10:00 a.m. Central Time.

01/15/2026, 5:00 PM • GlobeNewswire

Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes

Targa Resources Corp. announced a public offering of $750 million in 4.350% Senior Notes due 2029 and $1.0 billion in 5.400% Senior Notes due 2036, with proceeds to be used for debt redemption and general corporate purposes.

11/06/2025, 5:48 PM • GlobeNewswire

Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast

Targa Resources Corp. declared a quarterly cash dividend of $1.00 per common share for Q3 2025, payable on November 17, 2025. The company will host an earnings webcast on November 5, 2025, to discuss its third quarter financial results.

10/16/2025, 5:24 PM • Benzinga

Targa Resources Corp. Announces Permian Growth Projects and an Expansion of its Permian to Mont Belvieu NGL Pipeline Transportation System

Targa Resources is expanding its Permian Basin infrastructure with a new 500-mile NGL pipeline (Speedway) and a 275 MMcf/d gas processing plant (Yeti), investing approximately $3.3 billion in growth capital expenditures to support increasing natural gas and NGL production.

09/30/2025, 4:00 PM • GlobeNewswire

Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2025 Earnings Webcast

Targa Resources Corp. declared a quarterly cash dividend of $1.00 per common share for Q2 2025, payable on August 15, 2025. The company will host an earnings webcast on August 7, 2025 to discuss its financial results.

07/10/2025, 6:03 PM • Benzinga

Peers

Statistics

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Day Range
$256.40
$264.58
$264.51
1-Year Range
$146.30
$276.75
$264.51
Latest Close$264.51
Change
+$5.93 (+2.24%)
Volume1,461,686
Market Cap$56.8B
Shares Outstanding214.6M
P/E (TTM)26.81
Diluted EPS (TTM)$9.87
Enterprise Value$75.1B

Information as of 06/22/2026

Company Profile

TARGA RESOURCES CORP
https://www.targaresources.com
$56.8B
Market Cap
$2.1B
Net Income
Sector: Energy
Industry: Oil & Gas Midstream
811 Louisiana Street, Houston, TX, United States, 77002
713 584 1000

Targa Resources Corp., together with its subsidiaries, 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 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. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Key Executives

  • Matthew J. Meloy
  • Jennifer R. Kneale
  • Patrick J. McDonie
  • Robert Muraro
  • Benjamin J. Branstetter

Current Ownership Distribution

  • Mutual Funds3.9B (51.26%)
  • Institutions3.7B (48.53%)
  • Insiders15.6M (0.21%)
  • Other0 (0.00%)