TRGP

Targa Resources Corp.
NYSEUSDEQUITY Energy DELAYED
Last price
285.72
▼ 1.68 (0.58%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
287.40
Prev close
287.40
Day high
288.32
Day low
284.01
Volume
1.20M
Market cap
$61.27B
P/E (TTM)
27.47
52W range
144.14 – 307.94

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 287.40
VWAP
285.86
-0.05% from price
Relative volume
1.66×
Unusually busy
Session range
1.57%
283.93 – 288.39
Position in range
40%
Mid range
ATR (14D)
7.51
2.63% of price
Prior day high
287.57
PDH
Prior day low
280.01
PDL
Bid / ask spread
—
Quote not published
Session volume
1.98M
Avg 1.19M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+4.47% +2.5%
1M
-1.49% -2.6%
3M
+2.83% -1.7%
6M
+13.84% -4.3%
YTD
+54.86% +40.6%
1Y
+76.04% +59.6%
3Y
+233.32% +151.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on TRGP open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+44.23K
Net buying
Buy transactions
8
62.05K shares
Sell transactions
4
17.82K shares
Net transactions
+12
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
2.96M
Total on file
Bought 62.05KSold 17.82K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 3, 26
PERKINS JOE BOB
Director
STOCK 8.37K $0 Indirect
Sep 1, 26
CHUNG PAUL W
Director
SELL 1.82K $537.73K Indirect
Sep 1, 26
SECREST BRENT B.
Officer
STOCK 10.00K $0 Direct
Aug 25, 26
CRISP CHARLES RICHARD
Director
STOCK 1.20K $0 Direct
Aug 25, 26
CRISP CHARLES RICHARD
Director
SELL 3.00K $870.69K Direct
Aug 21, 26
DAVIS WATERS S IV
Director
SELL 2.40K $719.21K Direct
Aug 20, 26
CHUNG PAUL W
Director
STOCK 1.00K $0 Direct
Aug 18, 26
MURARO ROBERT M
Officer
STOCK 20.00K $0 Direct
Jul 21, 26
MATHIASMEIER THOMAS
Director
STOCK 477 $0 Direct
May 14, 26
MELOY MATTHEW J
Chief Executive Officer
STOCK 15.00K $0 Direct
May 12, 26
CRISP CHARLES RICHARD
Director
SELL 10.60K $2.71M Direct
May 12, 26
CHUNG PAUL W
Director
STOCK 6.00K $0 Direct
Mar 5, 26
MURARO ROBERT M
Officer
SELL 24.59K $5.93M Direct
Mar 2, 26
BRANSTETTER BENJAMIN JAMES
Officer
SELL 3.26K $778.12K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
CHUNG PAUL W
Director — Sale
CRISP CHARLES RICHARD
Director 62.29K Stock Gift
JOYCE RENE R
Director 775.76K Stock Gift
KNEALE JENNIFER R
President 235.26K Sale
MCDONIE PATRICK J
Officer 305.16K Sale
MELOY MATTHEW J
Chief Executive Officer 712.29K Stock Gift
MURARO ROBERT M
Officer 217.40K Stock Award(Grant)
PERKINS JOE BOB
Director — Stock Gift
PRYOR DOUGLAS SCOTT
Officer — Stock Gift
SHRADER GERALD R
General Counsel 35.09K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$61.27B
Enterprise value$80.85B
Revenue (TTM)$16.74B
Gross profit$7.23B
EBITDA$5.50B
Net income$2.26B
EPS (TTM)$10.40
Free cash flow$65.84M
Total cash$132.30M
Total debt$19.58B
Book value / share$17.05
Shares outstanding214.43M
Float211.00M
Short % of float3.09%
Dividend yield1.75%
Beta (5Y)0.80

Valuation & profitability ratios

Account required
Trailing P/E27.47
Forward P/E23.65
PEG ratio1.25
Price / sales—
Price / book16.75
EV / revenue4.83
EV / EBITDA14.71
Gross margin43.19%
Operating margin27.80%
Profit margin13.54%
Return on equity70.84%
Return on assets9.24%
Debt / equity515.79
Current ratio0.77
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $17.03B$16.38B$16.06B$20.93B +3.9%
Operating revenue $17.03B$16.38B$16.06B$20.93B +3.9%
Cost of revenue $12.02B$12.13B$12.01B$17.98B -0.8%
Gross profit $5.01B$4.26B$4.05B$2.95B +17.6%
Selling, general & admin $406.00M$384.90M$348.70M$309.70M +5.5%
Total operating expense $1.67B$1.56B$1.43B$1.22B +7.3%
Operating income $3.33B$2.70B$2.63B$1.73B +23.6%
Net interest income -$852.80M-$767.20M-$687.80M-$495.70M -11.2%
Pre-tax income $2.49B$1.94B$1.94B$1.66B +28.3%
Tax provision $529.70M$384.50M$363.20M$131.80M +37.8%
Net income $1.92B$1.31B$1.35B$1.20B +46.6%
Net income to common $1.84B$1.27B$828.20M$896.80M +45.0%
Basic EPS 8.635.873.693.95 +46.9%
Diluted EPS 8.635.873.663.88 +46.9%
EBIT $3.34B$2.71B$2.63B$2.11B +23.4%
EBITDA $4.85B$4.13B$3.96B$3.21B +17.6%
Basic shares 214.66M217.76M224.60M227.30M -1.4%
Diluted shares 214.66M217.76M226.00M231.10M -1.4%

Options analytics

Account required
Put / call volume
0.49
Call-heavy session
Put / call open interest
2.29
Positioning, not flow
Max pain
200.00
-30.0% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
168
Contracts, this expiry
Put volume
82
Contracts, this expiry
Heaviest call OI
200.00
4 contracts
Heaviest put OI
160.00
9 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.843.25 +14.2%
Mar 2026 2.572.76 +7.4%
Dec 2025 2.402.69 +12.1%
Sep 2025 2.182.41 +10.4%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 2.82 3 $4.72B +13.6%
Next quarter 2.95 3 $5.08B +25.2%
Current year 11.50 5 $18.98B +11.5%
Next year 12.08 5 $23.88B +25.8%

Analyst targets & ownership

Account required
Mean target$325.48
High target$359.00
Low target$284.00
Implied upside13.91%
Analyst count21
ConsensusSTRONG BUY
Strong buy / Buy6 / 15
Hold1
Sell / Strong sell0 / 0
Held by insiders1.38%
Held by institutions97.44%
Institutions holding1.49K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
279.94
+2.06% from price
SMA 20
283.97
+0.62% from price
SMA 50
281.75
+1.41% from price
SMA 100
275.94
+3.54% from price
SMA 200
249.28
+14.62% from price
EMA 12
282.26
+1.23% from price
EMA 26
283.35
+0.84% from price
EMA 50
281.54
+1.49% from price
RSI (14)
52.6
Neutral
MACD (12,26,9)
-1.09
Hist 0.03
ATR (14)
7.51
2.63% of price
Realised vol 30D
23.1%
Annualised
Bollinger upper
295.74
20, 2σ
Bollinger lower
272.20
20, 2σ
50 / 200 cross
Golden
281.75 vs 249.28
Trend bias
Above 200
+14.62%

Options chain

Account required
Expiry
Spot 285.72
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
-0.17
Less volatile than market
Correlation to SPY
-0.08
Largely independent
Realised vol 30D
23.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.2%
Peak to trough
Max drawdown 5Y
-32.6%
Peak to trough
ATR 14
7.51
2.63% of price
Beta (reported)
0.80
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
5.65M
Prior 4.96M
Change vs prior
+13.9%
Shorts adding
% of float
3.09%
Normal
% of shares out
2.64%
Against total outstanding
Days to cover
4.7
Liquid
Float
211.00M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

365 on file
DateFirm ActionFromTo
Sep 21, 26 Truist Securities MAINTAINED Buy Buy
Sep 18, 26 TD Cowen UPGRADE Hold Buy
Sep 16, 26 Morgan Stanley MAINTAINED Overweight Overweight
Sep 11, 26 Mizuho MAINTAINED Outperform Outperform
Sep 10, 26 Scotiabank MAINTAINED Sector Outperform Sector Outperform
Sep 2, 26 Wells Fargo MAINTAINED Overweight Overweight
Aug 27, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 18, 26 Jefferies MAINTAINED Buy Buy
Aug 18, 26 Morgan Stanley MAINTAINED Overweight Overweight
Aug 11, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 7, 26 TD Cowen MAINTAINED Hold Hold
Aug 7, 26 Barclays MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate$5.00 / yr
Forward yield1.75%
5-year avg yield1.58%
Payout ratio40.63%
Ex-dividend dateJul 31, 2026
Next pay dateAug 14, 2026
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.