TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$115.96

Market cap

$25.88B

P/E Ratio

31.43

Dividend/share

$2

EPS

$3.69

Enterprise value

$38.69B

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 gross margin has soared by 79% YoY and by 4.3% QoQ
TRGP's gross profit is up by 37% YoY and by 2.2% from the previous quarter
The price to earnings (P/E) is 48% higher than the last 4 quarters average of 21.2
The company's revenue fell by 23% YoY
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
223.16M
Market cap
$25.88B
Enterprise value
$38.69B
Valuations
Price to earnings (P/E)
31.43
Price to book (P/B)
9.44
Price to sales (P/S)
1.62
EV/EBIT
16.14
EV/EBITDA
10.38
EV/Sales
2.41
Earnings
Revenue
$16.06B
EBIT
$2.4B
EBITDA
$3.73B
Free cash flow
$830.9M
Per share
EPS
$3.69
Free cash flow per share
$3.7
Book value per share
$12.29
Revenue per share
$71.51
TBVPS
$81.57
Balance sheet
Total assets
$20.67B
Total liabilities
$16.06B
Debt
$12.95B
Equity
$2.74B
Working capital
-$566.3M
Liquidity
Debt to equity
4.73
Current ratio
0.79
Quick ratio
0.58
Net debt/EBITDA
3.44
Margins
EBITDA margin
23.2%
Gross margin
26.8%
Net margin
8.4%
Operating margin
16.4%
Efficiency
Return on assets
4.2%
Return on equity
31.9%
Return on invested capital
8.8%
Return on capital employed
13.4%
Return on sales
14.9%
Dividend
Dividend yield
1.72%
DPS
$2
Payout ratio
54.2%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
-0.04%
1 week
3.32%
1 month
4.56%
1 year
50.62%
YTD
33.49%
QTD
3.54%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$16.06B
Gross profit
$4.31B
Operating income
$2.63B
Net income
$1.35B
Gross margin
26.8%
Net margin
8.4%
TRGP's operating margin has soared by 98% year-on-year and by 6% since the previous quarter
The gross margin has soared by 79% YoY and by 4.3% QoQ
The operating income has soared by 52% year-on-year and by 3.3% since the previous quarter
Targa Resources's net margin has increased by 47% YoY

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
TRGP P/E details
P/E
31.43
P/B
9.44
P/S
1.62
EV/EBIT
16.14
EV/EBITDA
10.38
EV/Sales
2.41
The price to earnings (P/E) is 48% higher than the last 4 quarters average of 21.2
TRGP's EPS is down by 7% YoY and by 4.2% from the previous quarter
The P/B is 110% above the 5-year quarterly average of 4.5 and 37% above the last 4 quarters average of 6.9
Targa Resources's equity has increased by 9% from the previous quarter and by 2.8% YoY
The stock's P/S is 103% more than its 5-year quarterly average of 0.8 and 62% more than its last 4 quarters average of 1.0
The company's revenue fell by 23% YoY

Efficiency

How efficient is Targa Resources business performance
TRGP's ROS has soared by 75% YoY and by 6% from the previous quarter
TRGP's return on equity is down by 22% year-on-year and by 5% since the previous quarter
TRGP's ROA is down by 19% YoY and by 7% from the previous quarter
The company's return on invested capital rose by 7% YoY

Dividends

What is TRGP's dividend history
Dividend details
DPS
$2
Dividend yield
1.72%
Payout ratio
54.2%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 29% more than its total liabilities
The quick ratio rose by 14% QoQ and by 9% YoY
TRGP's total liabilities is up by 10% year-on-year
Targa Resources's debt has increased by 12% YoY
Targa Resources's equity has increased by 9% from the previous quarter and by 2.8% YoY

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