TRGP

Stock

Targa Resources Corp.

One email when a drop — in price or in valuation — is historically rare for TRGP. Otherwise we stay quiet.

Mild dip

Nothing to see here.

Targa Resources Corp. is 6.1% off its high — a mild dip, shallower than its 3.6% average pullback. Whatever the news says today, this isn't historically significant.

Price $283.96 · as of Oct 7, 2026All-time high $302.25Drawdown -6.1%Severity Score™ 1.4Is the broader market down too?
🟢

Slightly Elevated

Current Drawdown

ⓘ

-6.1%

Days in Drawdown

ⓘ

33

Avg Max Drawdown

ⓘ

3.6%

Avg Length

ⓘ

46

Drawdown Severity Score™

1.4

TRGP - Price & High Water Mark

TRGP - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of October 7, 2026 · updated daily

Where today's valuation sits within TRGP's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

3.7xSeverity Score 0.0 · In or above its typical range
Low: 0.12xMedian: 0.88xHigh: 3.9x

Targa Resources Corp. has been cheaper on this measure only about 99% of the time in 16 years of daily history.

5.4% below its highest Price to Sales reading · high date August 20, 2026

Price to Sales history

EV to EBITDA

14.7xSeverity Score 0.0 · In or above its typical range
Low: 5.0xMedian: 10.7xHigh: 21.1x

Targa Resources Corp. has been cheaper on this measure only about 92% of the time in 16 years of daily history.

30.2% below its highest EV to EBITDA reading · high date February 6, 2017

EV to EBITDA history · log scale

How we measure valuation

Targa Resources Corp. (TRGP) Analysis: Current Drawdown Insights

Targa Resources Corp. is currently in a moderate drawdown. As of 2026-10-07, the stock is trading at $283.96, down 6.1% from its all-time high of $302.25. This pullback has lasted 33 days.

Based on its full tracked price history, Targa Resources Corp. typically experiences drawdowns averaging 3.6% in depth, with an average duration of 46 days. Targa Resources Corp. has gone through 117 total drawdown events in its tracked history. The largest drawdown on record for Targa Resources Corp. was 95.2%, beginning in 2014. The longest drawdown duration on record was 3528 days.

The Drawdown Severity Score™ for Targa Resources Corp. currently stands at 1.40. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Targa Resources Corp.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 117 tracked pullbacks (61 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-09-04Ongoing33 days-6.1%$302.25$283.96n/a
2026-05-202026-05-223 days-2.2%$276.20$270.24$276.75
2026-05-012026-05-1313 days-4.6%$260.08$248.12$263.29
2026-04-082026-04-3023 days-7.8%$250.98$231.51$260.08
2026-04-012026-04-077 days-2.5%$250.73$244.39$250.98
2026-03-272026-03-315 days-1.0%$250.50$248.09$250.73
2026-03-252026-03-262 days-0.3%$246.10$245.46$250.50
2026-03-042026-03-2420 days-4.7%$244.04$232.47$246.10
2026-02-242026-02-274 days-0.7%$231.87$230.14$235.80
2026-02-192026-02-202 days-1.5%$227.62$224.16$231.35
2026-02-122026-02-131 day-1.6%$221.91$218.26$223.89
2026-02-102026-02-112 days-0.3%$217.70$217.06$221.91
2025-01-222026-02-09384 days-31.6%$212.51$145.33$217.70
2024-11-222025-01-1656 days-17.2%$203.19$168.21$208.34
2024-11-202024-11-212 days-0.4%$199.16$198.44$203.19
2024-11-122024-11-154 days-1.7%$190.74$187.42$191.79
2024-10-252024-11-0411 days-2.5%$164.18$160.12$165.53
2024-10-152024-10-2410 days-3.0%$162.31$157.49$164.18
2024-10-102024-10-112 days-0.5%$159.14$158.28$161.44
2024-09-252024-10-0410 days-6.5%$152.38$142.50$153.90
2024-09-042024-09-1613 days-4.0%$145.97$140.18$146.66
2024-08-272024-08-293 days-0.8%$141.68$140.53$142.48
2024-08-202024-08-267 days-2.0%$140.72$137.91$141.68
2024-08-162024-08-194 days-0.3%$139.11$138.75$140.72
2024-08-132024-08-142 days-0.7%$134.00$133.04$136.51
2024-07-232024-08-1221 days-6.7%$133.42$124.53$134.00
2024-07-152024-07-184 days-0.8%$130.79$129.75$131.88
2024-07-052024-07-117 days-0.9%$129.39$128.24$129.40
2024-07-022024-07-032 days-0.2%$127.13$126.87$129.39
2024-06-262024-07-016 days-1.8%$125.74$123.48$127.13
2024-06-212024-06-244 days-1.0%$122.34$121.16$124.55
2024-06-132024-06-175 days-2.0%$117.65$115.25$117.77
2024-06-032024-06-108 days-1.4%$114.50$112.86$116.13
2024-05-222024-05-3110 days-3.7%$114.47$110.26$114.50
2024-05-202024-05-212 days-0.1%$113.96$113.85$114.47
2024-04-302024-05-1718 days-4.2%$113.51$108.77$113.96
2024-04-262024-04-294 days-0.7%$113.24$112.45$113.51
2024-04-042024-04-2320 days-3.6%$111.62$107.56$111.63
2024-03-262024-03-283 days-0.9%$107.40$106.47$107.76
2024-03-222024-03-254 days-0.1%$106.82$106.72$107.40
2024-03-202024-03-212 days-0.0%$104.99$104.96$106.82
2024-03-142024-03-185 days-0.7%$102.40$101.65$103.31
2024-03-082024-03-124 days-0.9%$100.78$99.91$101.57
2024-02-232024-03-018 days-1.4%$94.65$93.37$95.59
2024-02-202024-02-212 days-0.6%$93.28$92.72$93.79
2014-06-202024-02-153528 days-95.2%$87.57$4.20$89.75
2014-06-112014-06-166 days-1.3%$70.12$69.23$70.93
2014-06-092014-06-102 days-0.1%$70.07$70.03$70.12
2014-05-272014-06-027 days-0.5%$67.15$66.80$67.40
2014-05-142014-05-163 days-1.0%$64.90$64.28$65.32
2014-05-082014-05-125 days-1.4%$64.46$63.55$64.50
2013-08-022013-09-0434 days-4.9%$39.63$37.69$39.86
2013-05-132013-07-2574 days-10.9%$39.12$34.87$39.24
2013-04-092013-05-0830 days-5.6%$38.57$36.40$38.86
2013-02-202013-03-2028 days-7.0%$35.79$33.28$35.80
2012-10-182012-12-2165 days-10.2%$28.62$25.69$28.70
2012-05-032012-09-14135 days-17.6%$26.95$22.20$27.16
2012-02-282012-04-2355 days-6.2%$25.48$23.90$25.67
2011-04-282011-12-02219 days-25.2%$19.04$14.24$20.14
2011-03-232011-04-2736 days-9.6%$19.03$17.21$19.04
2011-03-082011-03-1810 days-5.9%$17.82$16.77$18.28
2011-02-012011-02-088 days-4.2%$16.10$15.42$16.38

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Targa Resources Corp. (TRGP) is trading at $283.96 as of Oct 7, 2026. It is 6.1% below its high of $302.25. The drawdown has lasted 33 days. Severity score: 1.4 (Slightly Elevated).

TRGP Price History and Drawdown Data

Latest price

$283.96

High-water mark

$302.25

Current drawdown

-6.1%

Days in drawdown

33

This TRGP page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Targa Resources Corp. drawdowns.

What History Says About TRGP

Targa Resources Corp. has dropped 10%+ from its high 7 times in its tracked history. These events lasted an average of 637 days with an average max drop of -29.7%.

The current drawdown of -6.1% has lasted 33 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jun 2014 to Feb 2024-95.2%3528 days
Jan 2025 to Feb 2026-31.6%384 days
Apr 2011 to Dec 2011-25.2%219 days
May 2012 to Sep 2012-17.6%135 days
Nov 2024 to Jan 2025-17.2%56 days
May 2013 to Jul 2013-10.9%74 days

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