Can Targa Resources Corp’s (TRGP) hike of 0.60% in a week be considered a lucky break?

Sana Meer

Targa Resources Corp (NYSE: TRGP) kicked off on Friday, up 2.00% from the previous trading day, before settling in for the closing price of $169.71. Over the past 52 weeks, TRGP has traded in a range of $144.14-$218.51.

While this was happening, its average annual earnings per share was recorded 47.02%. With a float of $211.33 million, this company’s outstanding shares have now reached $214.84 million.

Targa Resources Corp (TRGP) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Targa Resources Corp is 1.55%, while institutional ownership is 93.48%. The most recent insider transaction that took place on Nov 14 ’25, was worth 3,444,144. Before that another transaction happened on Aug 15 ’25, when Company’s insider sold 20,000 for $165.35, making the entire transaction worth $3,307,044. This insider now owns 42,139 shares in total.

Targa Resources Corp (TRGP) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 1.82 earnings per share (EPS), lower than consensus estimate (set at 1.83) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.38 per share during the current fiscal year.

Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators

Take a look at Targa Resources Corp’s (TRGP) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11. Likewise, its price to free cash flow for the trailing twelve months is 57.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.44, a number that is poised to hit 2.26 in the next quarter and is forecasted to reach 9.58 in one year’s time.

Technical Analysis of Targa Resources Corp (TRGP)

Let’s dig in a bit further. During the last 5-days, its volume was 1.48 million. That was inferior than the volume of 1.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.81%.

During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 89.40%, which indicates a significant decrease from 93.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.02 in the past 14 days, which was higher than the 4.35 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $161.78, while its 200-day Moving Average is $172.10. However, in the short run, Targa Resources Corp’s stock first resistance to watch stands at $175.27. Second resistance stands at $177.45. The third major resistance level sits at $180.66. If the price goes on to break the first support level at $169.88, it is likely to go to the next support level at $166.67. The third support level lies at $164.49 if the price breaches the second support level.

Targa Resources Corp (NYSE: TRGP) Key Stats

The company with the Market Capitalisation of 37.16 billion has total of 214,659K Shares Outstanding. Its annual sales at the moment are 16,382 M in contrast with the sum of 1,279 M annual income. Company’s last quarter sales were recorded 4,151 M and last quarter income was 478,400 K.

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