TRGP Targa Resources Corp

  1. Stocks
  2. Energy
  3. NYSE: TRGP

Price (delayed)

$45.04

Market cap

$10.3B

P/E Ratio

55.6

Dividend/share

$0.4

EPS

$0.81

Enterprise value

$17.07B

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 revenue rose by 48% YoY and by 19% QoQ
TRGP's gross profit is up by 13% YoY
The company's net income has surged by 117% YoY but it fell by 8% QoQ
TRGP's EPS has soared by 110% YoY but it is down by 7% from the previous quarter
The quick ratio fell by 25% QoQ and by 17% YoY
Targa Resources's equity has decreased by 25% YoY and by 4.8% from the previous quarter
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
228.66M
Market cap
$10.3B
Enterprise value
$17.07B
Valuations
Price to earnings (P/E)
55.6
Price to book (P/B)
4.71
Price to sales (P/S)
0.88
EV/EBIT
21.68
EV/EBITDA
10.43
EV/Sales
1.45
Earnings
Revenue
$11.74B
EBIT
$787.3M
EBITDA
$1.64B
Free cash flow
$1.77B
Per share
EPS
$0.81
Free cash flow per share
$7.76
Book value per share
$9.56
Revenue per share
$51.34
TBVPS
$61.66
Balance sheet
Total assets
$15.41B
Total liabilities
$10.02B
Debt
$6.98B
Equity
$2.19B
Working capital
-$784.2M
Liquidity
Debt to equity
3.19
Current ratio
0.63
Quick ratio
0.53
Net debt/EBITDA
4.13
Margins
EBITDA margin
13.9%
Gross margin
20.3%
Net margin
2.6%
Operating margin
9.8%
Efficiency
Return on assets
1.2%
Return on equity
7.8%
Return on invested capital
4%
Return on capital employed
5.9%
Return on sales
6.7%
Dividend
Dividend yield
0.89%
DPS
$0.4
Payout ratio
49.4%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
-2.55%
1 week
3.56%
1 month
4.19%
1 year
181.5%
YTD
70.74%
QTD
1.33%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$11.74B
Gross profit
$2.38B
Operating income
$1.15B
Net income
$305.5M
Gross margin
20.3%
Net margin
2.6%
The operating income has soared by 162% year-on-year and by 2.9% since the previous quarter
TRGP's operating margin has soared by 142% year-on-year but it is down by 14% since the previous quarter
The company's net income has surged by 117% YoY but it fell by 8% QoQ
Targa Resources's net margin has surged by 111% YoY but it has decreased by 24% QoQ

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
55.6
P/B
4.71
P/S
0.88
EV/EBIT
21.68
EV/EBITDA
10.43
EV/Sales
1.45
TRGP's EPS has soared by 110% YoY but it is down by 7% from the previous quarter
The P/B is 148% above the 5-year quarterly average of 1.9 and 68% above the last 4 quarters average of 2.8
Targa Resources's equity has decreased by 25% YoY and by 4.8% from the previous quarter
The company's revenue rose by 48% YoY and by 19% QoQ
The stock's P/S is 26% more than its last 4 quarters average of 0.7 but 12% less than its 5-year quarterly average of 1.0

Efficiency

How efficient is Targa Resources business performance
The company's return on invested capital has surged by 147% YoY and by 2.6% QoQ
TRGP's ROS has soared by 129% YoY but it is down by 16% from the previous quarter
TRGP's return on equity has surged by 116% year-on-year
TRGP's ROA has soared by 111% YoY but it is down by 8% from the previous quarter

Dividends

What is TRGP's dividend history
DPS
$0.4
Dividend yield
0.89%
Payout ratio
49.4%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 54% more than its total liabilities
The current ratio has declined by 32% year-on-year and by 21% since the previous quarter
The quick ratio fell by 25% QoQ and by 17% YoY
Targa Resources's equity has decreased by 25% YoY and by 4.8% from the previous quarter
The debt to equity rose by 19% year-on-year

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