Targa Resources Corp.
Targa Resources Corp. (NYSE: TRGP) is trading at $277.84, about ₹26,639 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.88% today. Indian residents can buy Targa Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$274.94
Today's high
$283.71
52 week low
$144.14
52 week high
$307.94
TRGP opened at $280.84, closed previously at $283.15, and has traded between $144.14 and $307.94 over the past 52 weeks.
About
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
Key statistics
Avg. volume
1.22M
Market cap
$59.64B
P/E Ratio
26.39
Price-to-sales ratio
3.55
Enterprise value
$79.64B
Free cash flow yield
1.24%
Debt-to-equity ratio
5.51
Return on equity
72.08%
ROIC
14.09%
Beta
0.72
Dividend yield
1.62%
Last dividend
$4.50
Financial overview
Revenue
$17.14B
Earnings per share
$8.54
Free cash flow
$584.10M
Net profit margin
13.49%
Gross margin
36.56%
EBITDA
$4.85B
Revenue growth
3.06%
Similar securities
This is not an investment recommendation
How to buy Targa Resources from India
Indian residents can buy Targa Resources shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Targa Resources and place an order
Find Targa Resources by name or by its ticker, TRGP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Targa Resources trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Targa Resources position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Targa Resources from India
Trading and taxes when buying Targa Resources from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Targa Resources’ current yield is 1.62%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Targa Resources stock?
Yes. Targa Resources (TRGP) has been listed on the New York Stock Exchange since 2010, in the Oil & Gas Midstream industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Targa Resources share cost in rupees?
One Targa Resources share is $277.84 — about ₹26,639 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Targa Resources price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Targa Resources from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Targa Resources with less than the price of one share?
Yes. A whole Targa Resources share is $277.84, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Targa Resources shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Targa Resources price. Paasa issues a capital-gains statement for your return.
Does Targa Resources pay a dividend, and how is it taxed in India?
Yes. Targa Resources pays a dividend and the current yield is 1.62%; the last declared dividend was $4.50 per share, about ₹431.46. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Targa Resources from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Targa Resources shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Targa Resources shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Targa Resources holding, its cost and its closing value.
How do I sell Targa Resources and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.