TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$85.63

Market cap

$19.09B

P/E Ratio

22.24

Dividend/share

$1.85

EPS

$3.85

Enterprise value

$31.87B

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops ...

Highlights
The company's net income has surged by 142% YoY and by 2% QoQ
The gross margin has soared by 98% YoY and by 12% QoQ
Targa Resources's equity has decreased by 6% from the previous quarter but it has increased by 5% YoY
The company's revenue fell by 25% YoY and by 8% QoQ
Targa Resources's debt has increased by 15% YoY and by 4.2% QoQ
Sector: Energy
Industry: Oil & Gas Midstream
Website: http://www.targaresources.com
Peers: CVX EPD XOM MUR

Key stats

What are the main financial stats of TRGP
Market
Shares outstanding
222.98M
Market cap
$19.09B
Enterprise value
$31.87B
Valuations
Price to earnings (P/E)
22.24
Price to book (P/B)
7.64
Price to sales (P/S)
1.17
EV/EBIT
13.92
EV/EBITDA
8.83
EV/Sales
1.95
Earnings
Revenue
$16.38B
EBIT
$2.29B
EBITDA
$3.61B
Free cash flow
$614.7M
Per share
EPS
$3.85
Free cash flow per share
$2.75
Book value per share
$11.2
Revenue per share
$73.17
TBVPS
$79.28
Balance sheet
Total assets
$20.19B
Total liabilities
$15.81B
Debt
$12.92B
Equity
$2.51B
Working capital
-$542.8M
Liquidity
Debt to equity
5.16
Current ratio
0.8
Quick ratio
0.51
Net debt/EBITDA
3.54
Margins
EBITDA margin
22%
Gross margin
25.7%
Net margin
8.3%
Operating margin
15.5%
Efficiency
Return on assets
4.5%
Return on equity
33.6%
Return on invested capital
8.7%
Return on capital employed
13.1%
Return on sales
14%
Dividend
Dividend yield
2.16%
DPS
$1.85
Payout ratio
48.1%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
-2.42%
1 week
-2.7%
1 month
-2.18%
1 year
22.94%
YTD
16.5%
QTD
-0.1%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$16.38B
Gross profit
$4.21B
Operating income
$2.54B
Net income
$1.36B
Gross margin
25.7%
Net margin
8.3%
The company's net income has surged by 142% YoY and by 2% QoQ
The operating income has soared by 134% year-on-year and by 3% since the previous quarter
The gross margin has soared by 98% YoY and by 12% QoQ
TRGP's gross profit is up by 49% YoY and by 3.3% from the previous quarter

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
TRGP P/E details
P/E
22.24
P/B
7.64
P/S
1.17
EV/EBIT
13.92
EV/EBITDA
8.83
EV/Sales
1.95
The price to earnings (P/E) is 14% higher than the last 4 quarters average of 20.0
TRGP's EPS is up by 3.2% from the previous quarter
The P/B is 91% above the 5-year quarterly average of 4.1 and 17% above the last 4 quarters average of 6.7
Targa Resources's equity has decreased by 6% from the previous quarter but it has increased by 5% YoY
The stock's P/S is 50% more than its 5-year quarterly average of 0.8 and 33% more than its last 4 quarters average of 0.9
The company's revenue fell by 25% YoY and by 8% QoQ

Efficiency

How efficient is Targa Resources business performance
TRGP's ROA has soared by 200% YoY and by 2.3% from the previous quarter
TRGP's return on equity has surged by 182% year-on-year
TRGP's ROS has soared by 180% YoY and by 15% from the previous quarter
The company's return on invested capital has surged by 58% YoY and by 2.4% QoQ

Dividends

What is TRGP's dividend history
Dividend details
DPS
$1.85
Dividend yield
2.16%
Payout ratio
48.1%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 28% more than its total liabilities
The current ratio rose by 8% since the previous quarter and by 8% year-on-year
TRGP's total liabilities is up by 8% year-on-year and by 6% since the previous quarter
Targa Resources's debt has increased by 15% YoY and by 4.2% QoQ
The debt to equity rose by 11% since the previous quarter and by 10% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.