TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$65

Market cap

$14.73B

P/E Ratio

69.89

Dividend/share

$1.15

EPS

$0.93

Enterprise value

$22.03B

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 81% YoY
The company's revenue has surged by 78% YoY and by 14% QoQ
Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY
The quick ratio rose by 6% YoY but it fell by 5% QoQ
The gross margin fell by 36% YoY and by 2.3% QoQ
Targa Resources's debt has increased by 7% YoY and by 2.9% 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
226.56M
Market cap
$14.73B
Enterprise value
$22.03B
Valuations
Price to earnings (P/E)
69.89
Price to book (P/B)
7.16
Price to sales (P/S)
0.71
EV/EBIT
21.48
EV/EBITDA
11.31
EV/Sales
1.05
Earnings
Revenue
$20.92B
EBIT
$1.03B
EBITDA
$1.95B
Free cash flow
$1.66B
Per share
EPS
$0.93
Free cash flow per share
$7.29
Book value per share
$9.08
Revenue per share
$91.82
TBVPS
$62.75
Balance sheet
Total assets
$15.33B
Total liabilities
$10.93B
Debt
$7.46B
Equity
$2.07B
Working capital
-$989.3M
Liquidity
Debt to equity
3.6
Current ratio
0.69
Quick ratio
0.56
Net debt/EBITDA
3.75
Margins
EBITDA margin
9.3%
Gross margin
12.9%
Net margin
2.6%
Operating margin
4.9%
Efficiency
Return on assets
1.4%
Return on equity
10.6%
Return on invested capital
5.6%
Return on capital employed
8.4%
Return on sales
4.9%
Dividend
Dividend yield
1.77%
DPS
$1.15
Payout ratio
123.7%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
2.01%
1 week
-5%
1 month
8.84%
1 year
51.59%
YTD
24.43%
QTD
8.93%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$20.92B
Gross profit
$2.69B
Operating income
$1.02B
Net income
$553M
Gross margin
12.9%
Net margin
2.6%
The company's net income has surged by 81% YoY
The company's revenue has surged by 78% YoY and by 14% QoQ
TRGP's operating margin has dropped by 50% year-on-year but it is up by 9% since the previous quarter
The gross margin fell by 36% YoY and by 2.3% QoQ

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
69.89
P/B
7.16
P/S
0.71
EV/EBIT
21.48
EV/EBITDA
11.31
EV/Sales
1.05
TRGP's EPS is up by 15% YoY
The P/B is 147% above the 5-year quarterly average of 2.9 and 2.3% above the last 4 quarters average of 7.0
Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY
The company's revenue has surged by 78% YoY and by 14% QoQ
The stock's P/S is 21% less than its 5-year quarterly average of 0.9 and 11% less than its last 4 quarters average of 0.8

Efficiency

How efficient is Targa Resources business performance
The company's return on invested capital has surged by 143% QoQ and by 40% YoY
TRGP's ROS has soared by 113% from the previous quarter but it is down by 27% YoY
TRGP's return on equity is up by 36% year-on-year
TRGP's ROA is up by 17% YoY

Dividends

What is TRGP's dividend history
Dividend details
DPS
$1.15
Dividend yield
1.77%
Payout ratio
123.7%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 40% more than its total liabilities
The current ratio rose by 10% year-on-year and by 6% since the previous quarter
TRGP's total liabilities is up by 9% year-on-year but it is down by 3.1% since the previous quarter
Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY
The debt to equity has declined by 16% since the previous quarter but it rose by 13% year-on-year

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