- $38.65bn
- $54.49bn
- $16.38bn
- 78
- 25
- 85
- 67
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 20.62 | ||
| PEG Ratio (f) | 0.85 | ||
| EPS Growth (f) | 32.11% | ||
| Dividend Yield (f) | 2.38% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 14.91 | ||
| Price to Tang. Book | 62.84 | ||
| Price to Free Cashflow | 56.51 | ||
| Price to Sales | 2.36 | ||
| EV to EBITDA | 13.23 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 13.78% | ||
| Return on Equity | 47.62% | ||
| Operating Margin | 16.45% | ||
Financial Summary
| Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | 8,260.3 | 16,949.8 | 20,929.8 | 16,060.3 | 16,381.5 | 22,943.23 | 24,901.84 | 13.57% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | n/a | +598.26 | -7.15 | +51.91 | +55.71 | +41.13 | +18.39 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.
Directors
- Paul Chung CHM (61)
- Matthew Meloy CEO (43)
- Regina Gregory GEP (46)
- Jennifer Kneale CFO (42)
- Patrick Mcdonie CEX (60)
- D. Scott Pryor CEX (58)
- G. Clark White EVP (61)
- Julie Boushka SVP (58)
- Robert Muraro OTH (44)
- Joe Perkins DRC
- Beth Bowman IND (64)
- Lindsey Cooksen IND (38)
- Charles Crisp IND (73)
- Waters Davis IND (67)
- Robert Evans IND (73)
- Laura Fulton IND (57)
- Rene Joyce IND (73)
- Ershel Redd IND (73)
- Chris Tong IND (64)
- Last Annual
- December 31st, 2024
- Last Interim
- December 31st, 2024
- Incorporated
- October 27th, 2005
- Public Since
- December 7th, 2010
- No. of Shareholders
- 154
- No. of Employees
- 3,370
- Sector
- Oil & Gas Related Equipment and Services
- Industry
- Energy
- Exchange
New York Stock Exchange- Shares in Issue
- 217,585,332
- Address
- 1000 Louisiana Street, Suite 4300, HOUSTON, 77002
- Web
- https://www.targaresources.com/
- Phone
- +1 7135841000
- Auditors
- PricewaterhouseCoopers LLP
Upcoming Events for TRGP
Q1 2025 Targa Resources Corp Earnings Release
Q1 2025 Targa Resources Corp Earnings Call
Targa Resources Corp Annual Shareholders Meeting
Targa Resources Corp Annual Shareholders Meeting
Q2 2025 Targa Resources Corp Earnings Release
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FAQ
What is the Targa Resources share price?
As of Today at 23:35 UTC, shares in Targa Resources are trading at $177.62. This share price information is delayed by 15 minutes.
How has the Targa Resources share price performed this year?
Shares in Targa Resources last closed at $177.62 and the price had moved by +50.93% over the past 365 days. In terms of relative price strength the Targa Resources share price has outperformed the S&P500 Index by +39.32% over the past year.
What are the analyst and broker recommendations for Targa Resources?
The overall consensus recommendation for Targa Resources is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreWhat is the Targa Resources dividend yield?
The Targa Resources dividend yield is 1.55% based on the trailing twelve month period.
Does Targa Resources pay a dividend?
Last year, Targa Resources paid a total dividend of $2.75, and it currently has a trailing dividend yield of 1.55%.Looking ahead, shares in Targa Resources are due to go ex-dividend on 2025-04-30 and the next dividend pay date is 2025-05-15.
When does Targa Resources next pay dividends?
Targa Resources are due to go ex-dividend on 2025-04-30 and the next dividend pay date is 2025-05-15. The historic dividend yield on Targa Resources shares is currently 1.55%.
How do I buy Targa Resources shares?
To buy shares in Targa Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Targa Resources?
As of the previous close price of $177.62, shares in Targa Resources had a market capitalisation of $38.65bn.
Where are Targa Resources shares listed?
Here are the trading details for Targa Resources:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: TRGP
What kind of share is Targa Resources?
Based on an overall assessment of its quality, value and momentum Targa Resources is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Targa Resources share price forecast for 2025?
The analyst consensus target price for shares in Targa Resources is $219.98. That is 23.85% above the last closing price of $177.62.
Analysts covering Targa Resources currently have a consensus Earnings Per Share (EPS) forecast of $8.14 for the next financial year.
Find out moreWhat is the trend in the Targa Resources share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Targa Resources. Over the past six months, its share price has outperformed the S&P500 Index by +12.8%.
As of the last closing price of $177.62, shares in Targa Resources were trading +2.33% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Targa Resources PE Ratio?
The Targa Resources PE ratio based on its reported earnings over the past 12 months is 20.62. The shares last closed at $177.62.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Targa Resources?
Targa Resources' management team is headed by:
- Paul Chung - CHM
- Matthew Meloy - CEO
- Regina Gregory - GEP
- Jennifer Kneale - CFO
- Patrick Mcdonie - CEX
- D. Scott Pryor - CEX
- G. Clark White - EVP
- Julie Boushka - SVP
- Robert Muraro - OTH
- Joe Perkins - DRC
- Beth Bowman - IND
- Lindsey Cooksen - IND
- Charles Crisp - IND
- Waters Davis - IND
- Robert Evans - IND
- Laura Fulton - IND
- Rene Joyce - IND
- Ershel Redd - IND
- Chris Tong - IND