Last $86.83 USD
Change Today +1.39 / 1.63%
Volume 663.5K
TRGP On Other Exchanges
New York
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

targa resources corp (TRGP) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/19/14 - $160.97
52 Week Low
01/14/15 - $82.09
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for TARGA RESOURCES CORP (TRGP)

targa resources corp (TRGP) Related Businessweek News

No Related Businessweek News Found

targa resources corp (TRGP) Details

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; gathering, storing, and terminaling crude oil activities; and storing, terminaling, and selling refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 11,300 miles of natural gas pipelines, including 10 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2013, the company managed approximately 700 railcars; 80 owned and leased transport tractors; and 18 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

1,277 Employees
Last Reported Date: 02/14/14
Founded in 2005

targa resources corp (TRGP) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.4M
President and Chief Operating Officer
Total Annual Compensation: $1.2M
Executive Chairman
Total Annual Compensation: $1.2M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $672.1K
Compensation as of Fiscal Year 2013.

targa resources corp (TRGP) Key Developments

Targa Resources Corp. Intends to Launch Syndication of $430 Million Senior Secured Term Loan

Targa Resources Corp. (Targa Resources, TRC or the Company) announced that, subject to market conditions, it intends to launch syndication of a $430 million senior secured term loan maturing seven years after closing. The company intends to use the net proceeds from the term loan issuance, in conjunction with a $670 million revolving credit facility, (i) to finance, in part, the proposed acquisition of Atlas Energy, L.P. following the spin-off of its non-midstream assets, (ii) to pay related fees and expenses and (iii) to refinance existing indebtedness.

Targa Resources Corp. Declares Dividend for the Fourth Quarter of 2014, Payable on February 17, 2015

Targa Resources Corp. announced that its board of directors has declared fourth quarter cash dividend of 77.50 per share, or $3.10 per common share on an annualized basis, for the fourth quarter 2014. The approved dividend represents increases of approximately 6% over the previous quarter's dividend and 28% over the dividend for the fourth quarter 2013. This cash dividend will be paid February 17, 2015 on all outstanding common shares to holders of record as of the close of business on February 2, 2015.

Targa Resources Corp. Presents at Goldman Sachs Energy Conference 2015, Jan-06-2015

Targa Resources Corp. Presents at Goldman Sachs Energy Conference 2015, Jan-06-2015 . Venue: Intercontinental Miami Hotel, 100 Chopin Plaza, Miami, Florida, United States.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TRGP:US $86.83 USD +1.39

TRGP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Atmos Energy Corp $56.91 USD -1.78
CenterPoint Energy Inc $23.09 USD -0.28
Integrys Energy Group Inc $81.10 USD -2.03
TransCanada Corp C$56.54 CAD +0.56
UGI Corp $36.99 USD -0.80
View Industry Companies

Industry Analysis


Industry Average

Valuation TRGP Industry Range
Price/Earnings 37.6x
Price/Sales 0.4x
Price/Book 22.9x
Price/Cash Flow 8.6x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TARGA RESOURCES CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at