Targa Resources Corp.
TRGPEnergyNASDAQOil & Gas Midstream · Last scanned Sep 9, 2026
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Daily timeframeHeadquartered within the energy sector, Targa Resources Corp. focuses on Oil & Gas Midstream services and products. Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. The company carries a $63.10B market cap, placing it firmly in the large-cap category. It operates in two segments, Gathering and Processing, and Logistics and Transportation.
Market Cap
$63.10B
Beta
0.72
P/E (TTM)
28.11
P/E (Fwd)
24.36
EPS (TTM)
$10.47
EPS (Fwd)
$12.08
ROE
70.8%
ROA
9.2%
Cash
$132.3M
Total Debt
$19.58B
Free CF
$65.8M
52W Change
77.5%
Annual Financials
Cash vs Debt
Where TRGP stands vs its 150-day and 200-day moving averages
As of the August 28, 2026 close, TRGP finished 14.96% above its 150-day moving average ($251.34) and 24.28% above its 200-day moving average ($232.50). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is TRGP overbought or oversold?
At the August 28, 2026 close, TRGP's RSI(14) was 70.2, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $132.3M in cash, though total debt stands at $19.58B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $65.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 70.8%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 9.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $20.93B to $17.03B.
Targa Resources Corp. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. No single metric tells the full story. Reviewing TRGP's risk profile alongside its fundamentals and technical indicators provides a more complete picture.