TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$258.88

Market cap

$55.57B

P/E Ratio

26.34

Dividend/share

$4.25

EPS

$9.83

Enterprise value

$74.6B

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Relative Growth: Rel. Growth: 74
Relative Strength: Rel. Strength: 76
Relative Valuation: Rel. Valuation: 68
Relative Profitability: Rel. Profitability: 83

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
TRGP's EPS has soared by 80% YoY and by 15% from the previous quarter
The company's net income has surged by 63% YoY and by 11% QoQ
The price to earnings (P/E) is 12% higher than the last 4 quarters average of 23.6 but 10% lower than the 5-year quarterly average of 29.3
Targa Resources's debt has increased by 18% YoY and by 10% QoQ
The company's revenue fell by 2.7% QoQ
Sector: Energy
Industry: Oil & Gas Midstream
Website: http://www.targaresources.com
Peers: CVX EPD MUR XOM

Key stats

What are the main financial stats of TRGP

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
0.42%
1 week
-5.33%
1 month
-1.68%
1 year
48.97%
YTD
40.31%
QTD
-3.45%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$16.56B
Gross profit
$5.59B
Operating income
$3.63B
Net income
$2.13B
Gross margin
33.7%
Net margin
12.9%
The company's net income has surged by 63% YoY and by 11% QoQ
Targa Resources's net margin has surged by 61% YoY and by 14% QoQ
The operating income is up by 40% year-on-year and by 9% since the previous quarter
TRGP's operating margin is up by 38% year-on-year and by 12% since the previous quarter

Price vs fundamentals

How does TRGP's price correlate with its fundamentals

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
TRGP P/E details
P/E
26.34
P/B
17.74
P/S
3.36
EV/EBIT
20.74
EV/EBITDA
14.43
EV/Sales
4.5
TRGP's EPS has soared by 80% YoY and by 15% from the previous quarter
The price to earnings (P/E) is 12% higher than the last 4 quarters average of 23.6 but 10% lower than the 5-year quarterly average of 29.3
The P/B is 76% above the 5-year quarterly average of 10.1 and 22% above the last 4 quarters average of 14.5
Targa Resources's equity has increased by 28% YoY and by 2.2% from the previous quarter
The stock's P/S is 124% more than its 5-year quarterly average of 1.5 and 34% more than its last 4 quarters average of 2.5
The company's revenue fell by 2.7% QoQ

Efficiency

How efficient is Targa Resources business performance
TRGP's ROA has soared by 57% YoY and by 10% from the previous quarter
TRGP's return on equity has surged by 55% year-on-year and by 8% since the previous quarter
TRGP's ROS is up by 47% YoY and by 12% from the previous quarter
The company's return on invested capital rose by 25% YoY and by 4.3% QoQ

Dividends

What is TRGP's dividend history
Dividend details
DPS
$4.25
Dividend yield
1.64%
Payout ratio
43.2%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 14% more than its total liabilities
Targa Resources's total assets has increased by 19% YoY and by 7% from the previous quarter
TRGP's total liabilities is up by 18% year-on-year and by 8% since the previous quarter
Targa Resources's equity has increased by 28% YoY and by 2.2% from the previous quarter
Targa Resources's debt has increased by 18% YoY and by 10% QoQ

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