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NYSE: TRGP
Targa Resources (TRGP) stock, explained like you're 5
Targa Resources trades on the New York Stock Exchange under the ticker TRGP. It is a large cap company in the natural gas distribution industry, part of the utilities sector, with a market value of about 61.5 billion dollars.
- Ticker
- TRGP
- Exchange
- New York Stock Exchange
- Sector
- Utilities
- Industry
- Natural Gas Distribution
- Size
- Large cap, about 61.5 billion dollars
Is Targa Resources a small, medium or large cap company?
Yes. Targa Resources is a large cap stock. Its market cap, which is the total value of all its shares, is about 61.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Targa Resources makes money
- Delivering electricity, gas or water to homes and businesses.
- Rates approved by regulators.
- Growing clean energy projects.
What moves TRGP stock
- Interest rates, since utilities carry a lot of debt.
- Decisions by regulators on prices.
- Weather and demand for power.
In the news lately
- Targa Resources (TRGP) Raises Its Dividend, Is The Stock Priced For Perfection? (Simply Wall Street)
- Targa Resources (TRGP) Stock Forecast and Price Target 2026 $TRGP (MarketBeat)
- Jefferies Adjusts Targa Resources Price Target to $326 From $345 (Yahoo Finance)
- TRGP Stock Draws Wave Of Bullish Analyst Targets Ahead Of Q3 (Timothy Sykes)
- A $1.25 per share payment from Targa Resources is set for Nov. 17. (Stock Titan)
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Questions about Targa Resources stock
What does Targa Resources do?
Targa Resources trades on the New York Stock Exchange under the ticker TRGP. It is a large cap company in the natural gas distribution industry, part of the utilities sector, with a market value of about 61.5 billion dollars.
What is the ticker symbol for Targa Resources?
Targa Resources trades under the ticker TRGP on the New York Stock Exchange.
What is Targa Resources's market cap?
Targa Resources is a large cap stock with a market cap of about 61.5 billion dollars.
How does Targa Resources make money?
Delivering electricity, gas or water to homes and businesses. Rates approved by regulators. Growing clean energy projects.
What moves TRGP stock?
Interest rates, since utilities carry a lot of debt. Decisions by regulators on prices. Weather and demand for power.
How can I follow TRGP stock every day?
Add TRGP to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.