Targa Resources Corp.

Day range

$289.45 – $303.60

Open

$290.30

Prev close

$289.54

Volume

1.13M

Market cap

$62.09B

Shares out

214.43M

P/E

27.50

P/S

3.71

P/B

16.98

P/FCF

83.80

ROE

61.7%

ROA

7.9%

Debt/Equity

5.45

Div yield

1.48%

As of Oct 22, 2026

• Executive leadershipAug 25, 2026

  In connection with his new role, the Compensation Committee of the Board approved: (i) an increased annual base salary of $600,000; and (ii) an annual long-term incentive award of 400% of Mr. Branstetter's base salary, first applicable to his annual award for 2027.

• Board of directorsJul 17, 2026

  On July 16, 2026, the Board of Directors (the "Board") of Targa Resources Corp. (the "Company") appointed Thomas Mathiasmeier to serve on the Board. Mr. Mathiasmeier was designated as a Class II Director, with a term expiring at the Company's 2027 annual meeting of stockholders. Mr. Mathiasmeier was also appointed as a member of the Board's Audit Committee.

• Debt activityJul 6, 2026

  On July 1, 2026, Targa Resources Partners LP and Targa Receivables LLC entered into a Seventeenth Amendment to the Receivables Purchase Agreement which amends the Receivables Purchase Agreement, dated as of January 10, 2013, as amended, governing the SPV's accounts receivable securitization facility by, among other things, (i) extending the Facility Termination Date to July 30, 2027 and (ii) establishing an uncommitted line of $200 million.

• Debt activityMar 2, 2026

  On March 2, 2026, Targa Resources Corp. (the "Company"), along with certain of its subsidiaries (the "Subsidiary Guarantors"), completed the previously announced underwritten public offering (the "Offering") of (i) $750.0 million aggregate principal amount of the Company's 4.350% Senior Notes due 2031 (the "2031 Notes") and (ii) $750.0 million aggregate principal amount of the Company's 6.050% Senior Notes due 2056 (the "2056 Notes," and, together with the 2031 Notes, the "Notes").

• Debt activityFeb 26, 2026

  the Company agreed to issue and sell $1.5 billion in aggregate principal amount of senior notes (the "Offering") consisting of (i) $750.0 million in aggregate principal amount of the Company's 4.350% Senior Notes due 2031 (the "2031 Notes") and (ii) $750.0 million in aggregate principal amount of the Company's 6.050% Senior Notes due 2056 (the "2056 Notes"). The 2031 Notes will mature on April 15, 2031. The 2056 Notes will mature on May 15, 2056. Interest on the 2031 Notes will be payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2026. Interest on the 2056 Notes will be payable semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026.

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Days to cover

4.0

Short interest

5.3M

Avg volume

1.32M

As of Sep 30, 2026 · reported to FINRA twice monthly.

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