TRGP — Targa Resources Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Targa Resources Inc

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 liqui… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$263.65
Market Cap$58.01B
Float211.3M
Shares Outstanding214.6M
P/E (Forward)24.69
P/E (TTM)27.63
Price/Sales (TTM)3.50
vs. Analyst Target+3.9% to analyst PT
Profit Margin12.87%
Operating Margin (TTM)20.90%
Revenue (TTM)$16.56B
Earnings Growth (YoY)142.90%
Dividend Rate4.3%
Analyst Target Price$274.05 (22 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $8.27B -$1.55B $1.52B -$313M
2021 $17.44B $71.2M $2.09B $1.70B
2022 $21.68B $1.14B $2.79B $3.21B
2023 $15.62B $828M $2.54B $3.97B
2024 $16.63B $1.27B $3.33B $4.14B
2025 $17.14B $1.84B $4.54B $4.85B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $4.03B $625M
Sep 2025 $4.20B $476M
Dec 2025 $4.06B $545M
Mar 2026 $4.09B $480M

Ownership & Float

Insider Ownership1.4%
Institutional Ownership96.3%
Short Float2.6%
% of All Funds Holding11.79%
Number of Funds Holding969

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$252.87Near-term / short-term trend
Weekly40-Week SMA$202.76Medium-term trend
Weekly80-Week SMA$191.73Cyclical trend (business cycle)
Weekly200-Week SMA$133.82Secular trend (multi-year)
Monthly10-Month SMA$206.04Near-term monthly trend
Monthly20-Month SMA$193.92Medium-term monthly trend
Monthly40-Month SMA$146.16Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$148.00 support 1.04x 18 months ago
$136.00 support 1.17x 20 months ago

Historical Earnings Reactions (62 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.43% 0.30% 61.29% 3.31% -1.89%
1 Day 0.54% 0.86% 58.06% 12.89% -6.37%
1 Week 1.48% 1.07% 58.06% 30.70% -17.87%
2 Weeks 1.74% 1.27% 56.45% 37.91% -29.38%
1 Month 2.34% 1.94% 57.38% 70.79% -79.67%

Next earnings: July 26, 2026 (59 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.8%68.8%16
Feb5.5%68.8%16
Mar-0.0%68.8%16
Apr8.6%62.5%16
May0.5%40.0%15
Jun3.4%53.3%15
Jul0.3%53.3%15
Aug-0.0%53.3%15
Sep0.6%53.3%15
Oct2.2%53.3%15
Nov4.2%60.0%15
Dec0.3%60.0%15

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.08% 51.2% 727
Tuesday 0.20% 53.9% 800
Wednesday 0.12% 54.5% 797
Thursday 0.16% 51.7% 783
Friday 0.12% 54.3% 781

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 96.3%

Insider Transactions — Smart Summary

Total insider ownership: 1.4%

12-Month Insider Activity Summary

Total Filings11
Net Value-$33.1M
Net Shares Change-172,370
% of Float-0.1%
C-Suite Filings8
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Pryor D. Scott President - Logistics and Transportation -$10.8M 3 3 sell
McDonie Patrick J. President - Gathering and Processing -$7.5M 1 1 sell
Kneale Jennifer R. President -$6.8M 1 1 sell
Muraro Robert Chief Commercial Officer -$5.9M 1 1 sell
CRISP CHARLES R -$2.7M 1 1 sell
Branstetter Benjamin James President - Logistics and Transportation -$1.6M 1 1 sell
Shrader Gerald R Executive Vice President, General Counsel and Secretary -$498,327.5 1 1 sell
Cooksen Lindsey -$100,796.678 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-25 – 2026-03-06 7 7 -$26.3M 5 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-06 Muraro Robert Chief Commercial Officer -$5.9M Transaction at $241.34, now +9.2%
2026-05-13 CRISP CHARLES R -$2.7M Transaction at $255.96, now +3.0%
2026-03-03 Branstetter Benjamin James President - Logistics and Transportation -$1.6M Transaction at $237.32, now +11.1%
2026-03-04 McDonie Patrick J. President - Gathering and Processing -$7.5M Transaction at $239.36, now +10.1%
2026-02-27 Pryor D. Scott President - Logistics and Transportation -$4.0M Transaction at $228.92, now +15.2%
2026-02-27 Cooksen Lindsey -$100,796.678 Transaction at $231.72, now +13.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Targa Resources Inc (TRGP) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for TRGP on Trend Edge →