Targa Resources Corp: Financial Overview and Recent Developments

Targa Resources Corp, a Houston-based company specializing in midstream natural gas and natural gas liquid services, has been a notable player in the energy sector. Listed on the New York Stock Exchange, the company has a market capitalization of $36.1 billion. As of August 13, 2025, Targa Resources’ stock closed at $165.51, with a 52-week high of $218.51 on January 21, 2025, and a 52-week low of $140.9 on August 19, 2024. The company’s price-to-earnings ratio stands at 31.117.

Recent Stock Performance

On August 13, 2025, Targa Resources’ stock experienced a slight decline, closing at $166.10, down 1.15% from the previous day. This movement resulted in a decrease of $1.94 from the prior closing price. The stock’s performance reflects broader market trends and investor sentiment within the energy sector.

Leadership and Strategic Moves

Amid market volatility, Targa Resources has signaled steady leadership and strategic liquidity moves. The company’s management has been proactive in navigating the fluctuating market conditions, focusing on maintaining stability and capitalizing on growth opportunities.

Analyst Insights

Wells Fargo recently adjusted its target price for Targa Resources to $205, citing a steady outlook and growth potential in the Permian region. This optimistic assessment underscores the company’s strategic positioning and potential for future growth.

P/E Ratio Insights

Analysts have been closely monitoring Targa Resources’ price-to-earnings ratio, which currently stands at 31.117. This metric is a key indicator of investor expectations and the company’s valuation relative to its earnings.

For more detailed information, Targa Resources can be visited at www.targaresources.com .