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Targa Resources Corp. (TRGP)

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144.96 -0.51 (-0.35%)
As of 2:33 PM EDT. Market Open.
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DELL
  • Previous Close 145.47
  • Open 145.21
  • Bid 144.88 x 1000
  • Ask 144.97 x 1200
  • Day's Range 144.77 - 147.08
  • 52 Week Range 77.97 - 147.08
  • Volume 689,232
  • Avg. Volume 1,566,471
  • Market Cap (intraday) 31.759B
  • Beta (5Y Monthly) 2.26
  • PE Ratio (TTM) 30.45
  • EPS (TTM) 4.76
  • Earnings Date Oct 31, 2024 - Nov 4, 2024
  • Forward Dividend & Yield 3.00 (2.06%)
  • Ex-Dividend Date Jul 31, 2024
  • 1y Target Est 150.52

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

www.targaresources.com

3,182

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

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Performance Overview: TRGP

Trailing total returns as of 8/27/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TRGP
69.88%
S&P 500
17.96%

1-Year Return

TRGP
75.73%
S&P 500
27.71%

3-Year Return

TRGP
254.86%
S&P 500
25.87%

5-Year Return

TRGP
405.83%
S&P 500
95.47%

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Statistics: TRGP

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Valuation Measures

Annual
As of 8/26/2024
  • Market Cap

    31.87B

  • Enterprise Value

    45.35B

  • Trailing P/E

    30.63

  • Forward P/E

    27.03

  • PEG Ratio (5yr expected)

    1.42

  • Price/Sales (ttm)

    2.00

  • Price/Book (mrq)

    12.92

  • Enterprise Value/Revenue

    2.79

  • Enterprise Value/EBITDA

    11.99

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.72%

  • Return on Assets (ttm)

    7.39%

  • Return on Equity (ttm)

    29.88%

  • Revenue (ttm)

    16.26B

  • Net Income Avi to Common (ttm)

    1.06B

  • Diluted EPS (ttm)

    4.76

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    166.4M

  • Total Debt/Equity (mrq)

    313.79%

  • Levered Free Cash Flow (ttm)

    155.08M

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