Targa Resources share price today

Name: Targa Resources Share Price Today (NASDAQ: TRGP) - Targa Resources Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

(TRGP)

Targa Resources share price is $217.22 & ₹18,803.65 as on 22 Jan 2025, 2.30 'hrs' IST

$217.22

▲

1.5

(0.7%)

Market is closed - opens 8 PM, 22 Jan 2025

View live Targa Resources share price in Dollar and Rupees. Guide to invest in Targa Resources stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Targa Resources, along with analyst recommendations, forecasts, and comprehensive financials.

Targa Resources share price movements

Today's Low: $213.71
Today's High: $217.27
$217.22
1.62%
Downside
Day's Volatility :1.64%
Upside
0.02%
52 Weeks Low: $82.13
52 Weeks High: $217.22
$217.22
62.19%
Downside
52 Weeks Volatility :62.19%
Upside
0.0%

Targa Resources Returns

Period	Targa Resources Corp.	Sector (Energy)	Index (Russel 2000)
3 Months	30.08%	4.3%	0.0%
6 Months	63.9%	1.7%	0.0%
1 Year	159.19%	17.2%	0.0%
3 Years	288.26%	50.5%	-11.0%

Targa Resources Key Statistics

in dollars & INR

Previous Close	$215.72
Open	$215.02
Today's High	$217.27
Today's Low	$213.71
Market Capitalization	$47.0B
Today's Volume	$1.8M
52 Week High	$217.27
52 Week Low	$82.13
Revenue TTM	$16.2B
EBITDA	$4.0B
Earnings Per Share (EPS)	$5.52
PE Ratio	39.08
Dividend Yield	1.39%
Profit Margin	7.77%
Quarterly Earnings Growth YOY	0.8%
Return On Equity TTM	33.89%

How to invest in Targa Resources from India?

It is very easy for Indian residents to invest directly in Targa Resources from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Targa Resources stock in both Indian Rupees (INR) and US Dollars (USD). Search for Targa Resources or TRGP on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Targa Resources or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Targa Resources shares which would translate to 0.004 fractional shares of Targa Resources as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Targa Resources, in just a few clicks!

Returns in Targa Resources for Indian investors in Rupees

Investment Value

₹1,00,000

Targa Resources investment value today

Current value as on today

₹2,65,140

Returns

₹1,65,140

(+165.14%)

Returns from Targa Resources Stock

₹1,60,988 (+160.99%)

Dollar Returns

₹4,152 (+4.15%)

Indian investors sentiment towards Targa Resources

-43.37%

Period: Oct 23, 2024 to Jan 21, 2025. Change in 30 Days versus previous period

Investment in Targa Resources from India has reduced in the last 30 days as on Jan 22, 2025. -43.37% less purchase transactions for Targa Resources in the last 30 days versus the previous period.

-29%

Period: Oct 23, 2024 to Jan 21, 2025. Change in 30 Days versus previous period

Search volume for Targa Resources on INDmoney from India has reduced in the last 30 days as on Jan 22, 2025. -29% less investors are searching Targa Resources in the last 30 days versus the previous period.

Indian Mutual Funds that invest in Targa Resources

Name	Shares Held	Change in Shares	% of Assets
Motilal Oswal S&P 500 Index Fund Direct Growth	1881	21.05	0.08%

Global Institutional Holdings in Targa Resources

Vanguard Group Inc
12.39%
BlackRock Inc
9.56%
Wellington Management Company LLP
6.93%
State Street Corp
6.58%
Blackstone Inc
2.75%
Geode Capital Management, LLC
2.62%

Analyst Recommendation on Targa Resources

Buy

96%Buy

3%Hold

0%Sell

Based on 28 Wall street analysts offering stock ratings for Targa Resources(by analysts ranked 0 to 5 stars)

Based on 28 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Targa Resources

What analysts predicted

Downside of 6.72%

Target:

$202.62

Current:

$217.22

Insights on Targa Resources

Price Movement
In the last 1 month, TRGP stock has moved up by 22.0%
Increasing Revenue
Targa Resources Corp. has shown positive revenue growth over the last two quarters. Their revenue increased from $3.61 billion to $3.85 billion, which represents an average increase of 6.1% per quarter.
Increasing Net Profit
Targa Resources Corp. has shown strong profit growth over the last three quarters. The company's net profit increased from $275.2 million to $387.4 million, reflecting an average growth of 15.4% each quarter.

Targa Resources Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$10.5B	↑ 18.93%
Net Income	$1.6M	↓ 97.04%
Net Profit Margin	0.02%	↓ 0.59%

	FY19	Y/Y Change
Revenue	$8.7B	↓ 17.29%
Net Income	$41.2M	↑ 2475.0%
Net Profit Margin	0.48%	↑ 0.46%

	FY20	Y/Y Change
Revenue	$8.3B	↓ 4.74%
Net Income	$-1.3B	↓ 3316.02%
Net Profit Margin	-16.04%	↓ 16.52%

	FY21	Y/Y Change
Revenue	$16.9B	↑ 105.2%
Net Income	$422.1M	↓ 131.86%
Net Profit Margin	2.49%	↑ 18.53%

	FY22	Y/Y Change
Revenue	$20.9B	↑ 23.48%
Net Income	$896.8M	↑ 112.46%
Net Profit Margin	4.28%	↑ 1.79%

	FY23	Y/Y Change
Revenue	$16.1B	↓ 23.27%
Net Income	$1.3B	↑ 50.08%
Net Profit Margin	8.38%	↑ 4.1%

	Q2 FY23	Q/Q Change
Revenue	$3.4B	↓ 24.71%
Net Income	$329.3M	↓ 33.74%
Net Profit Margin	9.67%	↓ 1.32%

	Q3 FY23	Q/Q Change
Revenue	$3.9B	↑ 14.48%
Net Income	$220.0M	↓ 33.19%
Net Profit Margin	5.65%	↓ 4.02%

	Q4 FY23	Q/Q Change
Revenue	$4.2B	↑ 8.6%
Net Income	$299.6M	↑ 36.18%
Net Profit Margin	7.08%	↑ 1.43%

	Q1 FY24	Q/Q Change
Revenue	$4.6B	↑ 8.64%
Net Income	$275.2M	↓ 8.14%
Net Profit Margin	5.99%	↓ 1.09%

	Q2 FY24	Q/Q Change
Revenue	$3.6B	↓ 21.29%
Net Income	$298.5M	↑ 8.47%
Net Profit Margin	8.25%	↑ 2.26%

	Q3 FY24	Q/Q Change
Revenue	$3.9B	↑ 6.44%
Net Income	$387.4M	↑ 29.78%
Net Profit Margin	10.06%	↑ 1.81%

	FY18	Y/Y Change
Profit	$1.4B	↑ 30.07%

	FY19	Y/Y Change
Profit	$1.6B	↑ 10.57%

	FY20	Y/Y Change
Profit	$2.3B	↑ 44.85%

	FY21	Y/Y Change
Profit	$2.3B	↑ 2.6%

	FY22	Y/Y Change
Profit	$3.0B	↑ 25.62%

	FY23	Y/Y Change
Profit	$4.1B	↑ 37.35%

	Q2 FY23	Q/Q Change
Profit	$1.0B	↓ 14.79%

	Q3 FY23	Q/Q Change
Profit	$875.3M	↓ 12.71%

	Q4 FY23	Q/Q Change
Profit	$722.4M	↓ 17.47%

	Q1 FY24	Q/Q Change
Profit	$761.0M	↑ 5.34%

	Q2 FY24	Q/Q Change
Profit	$781.9M	↑ 2.75%

	Q3 FY24	Q/Q Change
Profit	$830.4M	↑ 6.2%

	FY18	Y/Y Change
Operating Cash Flow	$1.1B	↑ 21.77%
Investing Cash Flow	$-3.1B	↑ 66.27%
Financing Cash Flow	$2.1B	↑ 106.29%

	FY19	Y/Y Change
Operating Cash Flow	$1.4B	↑ 21.49%
Investing Cash Flow	$-3.1B	↓ 2.38%
Financing Cash Flow	$1.8B	↓ 15.1%

	FY20	Y/Y Change
Operating Cash Flow	$1.7B	↑ 25.52%
Investing Cash Flow	$-738.1M	↓ 75.97%
Financing Cash Flow	$-1.1B	↓ 161.46%

	FY21	Y/Y Change
Operating Cash Flow	$2.3B	↑ 32.01%
Investing Cash Flow	$-473.2M	↓ 35.89%
Financing Cash Flow	$-1.9B	↑ 74.84%

	FY22	Y/Y Change
Operating Cash Flow	$2.4B	↑ 3.38%
Investing Cash Flow	$-4.1B	↑ 776.94%
Financing Cash Flow	$1.8B	↓ 195.58%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$676.8M	↓ 42.14%
Investing Cash Flow	$-593.8M	↑ 23.5%
Financing Cash Flow	$-125.4M	↓ 81.99%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$407.3M	↓ 39.82%
Investing Cash Flow	$-599.2M	↑ 0.91%
Financing Cash Flow	$162.0M	↓ 229.19%

Targa Resources Technicals Summary

Sell

Neutral

Buy

Targa Resources is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Targa Resources Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Targa Resources Corp.	20.94%	63.9%	159.19%	288.26%	457.7%
Williams Companies, Inc.	9.42%	39.19%	74.2%	109.2%	166.52%
Enbridge Inc.	6.48%	21.71%	24.23%	10.64%	8.43%
Enterprise Products Partners L.p.	8.26%	13.03%	24.06%	41.95%	22.74%
Kinder Morgan, Inc.	12.05%	43.99%	77.46%	75.0%	40.58%
Energy Transfer Equity, L.p.	6.57%	25.4%	45.55%	121.02%	59.14%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Targa Resources Corp.	39.08	39.08	1.28	6.52	0.34	0.08	0.01	11.79
Williams Companies, Inc.	25.06	25.06	9.9	1.94	0.21	0.04	0.03	10.17
Enbridge Inc.	21.82	21.82	2.17	2.79	0.1	0.03	0.06	27.08
Enterprise Products Partners L.p.	12.62	12.62	3.26	2.68	0.21	0.06	0.06	13.08
Kinder Morgan, Inc.	26.82	26.82	2.22	1.17	0.08	0.04	0.04	13.69
Energy Transfer Equity, L.p.	14.92	14.92	0.71	1.42	0.15	0.05	0.06	9.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Targa Resources Corp.	Buy	$47.0B	457.7%	39.08	7.77%
Williams Companies, Inc.	Hold	$72.1B	166.52%	25.06	27.75%
Enbridge Inc.	Buy	$97.4B	8.43%	21.82	13.73%
Enterprise Products Partners L.p.	Buy	$72.8B	22.74%	12.62	10.33%
Kinder Morgan, Inc.	Hold	$67.3B	40.58%	26.82	16.77%
Energy Transfer Equity, L.p.	Buy	$69.5B	59.14%	14.92	6.05%

Targa Resources Dividend announcements

Targa Resources Dividends March, 2025
In the quarter ending March,2025. Targa Resources has declared dividend of $0.75
Read More

About Targa Resources

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream 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 also 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. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Organization	Targa Resources
Employees	3182
CEO	Mr. Matthew J. Meloy
Industry	Energy Minerals

Management People of Targa Resources

Name	Title
Mr. Matthew J. Meloy	CEO & Director
Ms. Jennifer R. Kneale	President of Finance & Administration
Mr. D. Scott Pryor	President of Logistics & Transportation
Mr. Patrick J. McDonie	President of Gathering & Processing
Mr. Robert M. Muraro	Chief Commercial Officer
Mr. William A Byers	Executive Vice President & CFO
Ms. Julie H. Boushka	Senior VP & Chief Accounting Officer
Mr. Sanjay Lad C.F.A.	Vice President of Finance & Investor Relations
Mr. Gerald R. Shrader	Executive VP, General Counsel & Secretary
Mr. Denny Latham	Executive VP of Permian & General Partner

Important FAQs about investing in Targa Resources from India :

What is Targa Resources share price today?

Targa Resources share price today stands at $217.22, Open: $215.02 ; Previous Close: $215.72 ; High: $217.27 ; Low: $213.71 ; 52 Week High: $217.22 ; 52 Week Low: $82.13. The stock opens at $215.02, after a previous close of $215.72. The stock reached a daily high of $217.27 and a low of $213.71, with a 52-week high of $217.22 and a 52-week low of $82.13.

Can Indians buy Targa Resources shares?

Yes, Indians can invest in the Targa Resources (TRGP) from India.

With INDmoney, you can buy Targa Resources at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Targa Resources at zero transaction cost.

How can I buy Targa Resources shares from India?

It is very easy to buy Targa Resources from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Targa Resources be purchased?

Yes, you can buy fractional shares of Targa Resources with INDmoney app.

What are the documents required to start investing in Targa Resources stocks?

To start investing in Targa Resources, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.