TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$69.84

Market cap

$15.83B

P/E Ratio

17.68

Dividend/share

$1.4

EPS

$3.95

Enterprise value

$27.15B

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 112% QoQ
Targa Resources's equity has increased by 33% YoY and by 12% from the previous quarter
The company's revenue rose by 23% YoY but it fell by 4.1% QoQ
The quick ratio fell by 18% YoY but it rose by 3.9% QoQ
Targa Resources's debt has surged by 75% YoY and by 3% 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
Market
Shares outstanding
226.64M
Market cap
$15.83B
Enterprise value
$27.15B
Valuations
Price to earnings (P/E)
17.68
Price to book (P/B)
5.93
Price to sales (P/S)
0.76
EV/EBIT
15.31
EV/EBITDA
9.46
EV/Sales
1.3
Earnings
Revenue
$20.93B
EBIT
$1.77B
EBITDA
$2.87B
Free cash flow
$1.07B
Per share
EPS
$3.95
Free cash flow per share
$4.71
Book value per share
$11.78
Revenue per share
$92.08
TBVPS
$74.02
Balance sheet
Total assets
$19.56B
Total liabilities
$14.58B
Debt
$11.54B
Equity
$2.67B
Working capital
-$710.1M
Liquidity
Debt to equity
4.33
Current ratio
0.77
Quick ratio
0.53
Net debt/EBITDA
3.94
Margins
EBITDA margin
13.7%
Gross margin
15%
Net margin
5.7%
Operating margin
8.3%
Efficiency
Return on assets
5.2%
Return on equity
40.7%
Return on invested capital
8.2%
Return on capital employed
10.8%
Return on sales
8.5%
Dividend
Dividend yield
2%
DPS
$1.4
Payout ratio
35.4%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
3.44%
1 week
1.78%
1 month
-7.2%
1 year
-7.68%
YTD
-4.98%
QTD
-4.98%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$20.93B
Gross profit
$3.13B
Operating income
$1.73B
Net income
$1.2B
Gross margin
15%
Net margin
5.7%
Targa Resources's net margin has surged by 119% QoQ
The company's net income has surged by 112% QoQ
The operating income has soared by 100% year-on-year and by 59% since the previous quarter
TRGP's operating margin has soared by 66% since the previous quarter and by 63% year-on-year

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
17.68
P/B
5.93
P/S
0.76
EV/EBIT
15.31
EV/EBITDA
9.46
EV/Sales
1.3
The P/B is 80% above the 5-year quarterly average of 3.3 but 18% below the last 4 quarters average of 7.2
Targa Resources's equity has increased by 33% YoY and by 12% from the previous quarter
The company's revenue rose by 23% YoY but it fell by 4.1% QoQ
The stock's P/S is 5% less than its 5-year quarterly average of 0.8 and 5% less than its last 4 quarters average of 0.8

Efficiency

How efficient is Targa Resources business performance
TRGP's ROS has soared by 70% from the previous quarter
The company's return on invested capital rose by 49% QoQ

Dividends

What is TRGP's dividend history
Dividend details
DPS
$1.4
Dividend yield
2%
Payout ratio
35.4%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 34% more than its total liabilities
TRGP's total liabilities is up by 45% year-on-year
Targa Resources's total assets has increased by 29% YoY
Targa Resources's debt has surged by 75% YoY and by 3% QoQ
Targa Resources's equity has increased by 33% YoY and by 12% from the previous quarter

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