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TRGP

Targa ResourcesC
NYSE / Energy
Last Price
At close
2026-06-02
View Chart
Current thesis
Primary-source evidence improved on May 7, 2026: raised 2026 EBITDA outlook, record Permian inlet and fractionation volumes, and management said Q2 Permian inlet volumes were already trending significantly above Q1 [#8-K-2026-05-07]. That supports the view that the current capex cycle is already converting into earnings power.
Posture
Mixed
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +2.7.
What can break
A late-Q1 unplanned outage at part of the export facility reduced LPG export volumes; management said it was resolved early in Q2, but reliability and volume normalization still need to show up in results [#8-K-2026-05-07].
Momentum
70
Value
41
Sentiment
53
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $255.00 · Bull $285.00 · Bear $225.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $240.85
Why
Momentum70 · Δ7d +2.7
Value41 · Δ7d +0.2
Sentiment53 · Δ7d +9.5
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
70
34% active weight
Current posture
7d trendFlat
Δ7d
+2.7
Δ21d
+18.1
Value
41
32% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
+0.0
Sentiment
53
33% active weight
Current posture
7d trendImproving
Δ7d
+9.5
Δ21d
+5.5
Why this grade

Composite grade C. Momentum 70.3 / Value 40.5 / Sentiment 53.0

Fundamentals (TTM)
As of 2026-06-01
Market Cap
$55.61B
Beta
0.88
Shares Out
214.66M
P/E (TTM)
24.7
P/S (TTM)
2.27
P/FCF (TTM)
575.78
Rev YoY
+7.8%
EPS YoY
+26.0%
Gross Margin
+36.0%
Op Margin
+17.9%
Net Debt
$14.02B
Current Ratio
0.77
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology