TARGA RESOURCES CORP. (TRGP)$276.75

Market Cap: 34.33 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for TARGA RESOURCES CORP. (TRGP).

ENERGY

OIL & GAS MIDSTREAM

DCF ready

Valuation

88.3x

EV/FCF, 1.1% FCF yield

Quality

9.4%

ROIC, 3.4% FCF margin

Growth

19.9%

5Y sales (revenue) CAGR

Balance sheet

5.7x

Debt/equity, 0.7x current ratio

Superinvestors

Top: Bill Nygren (2.9%)

Strengths to research

Revenue compounded at 19.9% over five years.
Return on equity is strong at 62.7%.
10 annual periods are available for trend analysis.

Watchouts

P/FCF is elevated at 58.8x.
Debt/equity is high at 5.7x.
Current ratio is below 1 at 0.7x.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for TRGP.

Grade C

/ 100

Peer Comparison

Target stock against 8 market-cap comparable peers.

Heat map: red worst to green best


TRGP Target	TARGA RESOURCES CORP.	$34.3B	32.6x	88.3x	9.4%	19.9%	3.4%	N/A	3.6x	N/A
OKE	ONEOK Inc.	$50.1B	17.3x	20.4x	15.1%	31.5%	7.3%	N/A	0.0x	N/A
MPLX	MPLX LP	$51.8B	N/A	12.1x	N/A	7.1%	42.2%	N/A	-0.4x	N/A
ET	Energy Transfer LP	$55.6B	N/A	31.9x	3.8%	17.0%	4.5%	N/A	4.7x	N/A
KMI	Kinder Morgan	$59.7B	24.7x	20.6x	9.8%	8.5%	19.0%	N/A	0.0x	N/A
EPD	Enterprise Products Partners LP	$65.0B	N/A	21.6x	N/A	14.1%	5.6%	N/A	-0.1x	N/A
ENB	Enbridge Inc.	$101.5B	18.0x	62.1x	4.5%	9.3%	11.2%	N/A	6.2x	N/A
AM	Antero Midstream Corp.	$8.4B	25.8x	12.3x	8.0%	5.7%	78.5%	N/A	3.9x	N/A
GLNG	Golar LNG Ltd.	$4.2B	N/A	N/A	1.4%	8.5%	N/A	N/A	10.9x	N/A

Financial Charts

No financial data available for TRGP (annual).

2 superinvestors own TRGP

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
Bill Nygren Oakmark Select Fund	8,723,203	$2.2B	2.92%	0.0%
First Eagle Investment Management First Eagle Investment Management	21	$5,000	0.00%	0.0%