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Screener Weekly Summary Pricing

Targa Resources, Inc. TRGP

Energy  —  Oil & Gas Midstream
277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
S&P 500 Member Dividend Champion (5y) Cash Flow Champion (5y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Targa Resources, Inc. (TRGP) P/E ratio

As of 25 September 2026, Targa Resources, Inc. (TRGP) trades at a P/E ratio of 26.5×. Over the past ten years it has ranged from 0.0× (June 2022) to 203× (June 2018); the current reading is higher than 57% of that period. That is above the Oil & Gas Midstream industry median of 13.2× and above the Energy sector median of 13.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 21.7× (29.88%)
FY2024 30.9× 31.86%
FY2023 23.4× 31.27%
FY2022 17.8× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly

Period P/E ratio Change
Jun 2026 25.6× 0.22%
Mar 2026 25.5× 17.79%
Dec 2025 21.7× (3.71%)
Sep 2025 22.5× (9.57%)
42 more quarters

Against its own ten years

Low 0.0× High 203×
Ten-year median 23.4×
Current reading's percentile 57

P/E ratio against peers

Company P/E ratio
MPLX MPLX LP compare 12.2×
EPD Enterprise Products Partners L.P. compare 12.8×
ET Energy Transfer LP compare 13.7×
OKE ONEOK, Inc. compare 15.3×
KMI Kinder Morgan, Inc. compare 19.7×
LNG Cheniere Energy, Inc. compare 19.9×
TRP TC Energy Corporation compare 24.4×
TRGP Targa Resources, Inc. 26.5×
WMB Williams Companies, Inc. (The) compare 27.5×
Oil & Gas Midstream industry median 13.2×
Energy sector median 13.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on TRGP