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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 primarily 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, 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.
- 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)
Upcoming Events for TRGP
Q2 2023 Targa Resources Corp Earnings Release
Q2 2023 Targa Resources Corp Earnings Call
Q3 2023 Targa Resources Corp Earnings Release
As of Today at 19:21 UTC, shares in Targa Resources are trading at $81.67. This share price information is delayed by 15 minutes.
Shares in Targa Resources last closed at $81.67 and the price had moved by +27.31% over the past 365 days. In terms of relative price strength the Targa Resources share price has outperformed the S&P500 Index by +9.29% over the past year.
The overall consensus recommendation for Targa Resources is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Targa Resources dividend yield is 1.71% based on the trailing twelve month period.
Last year, Targa Resources paid a total dividend of $1.40, and it currently has a trailing dividend yield of 1.71%.Looking ahead, shares in Targa Resources are due to go ex-dividend on 2023-07-28 and the next dividend pay date is 2023-08-15.
Targa Resources are due to go ex-dividend on 2023-07-28 and the next dividend pay date is 2023-08-15. The historic dividend yield on Targa Resources shares is currently 1.71%.
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.
As of the previous close price of $81.67, shares in Targa Resources had a market capitalisation of $18.39bn.
Here are the trading details for Targa Resources:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: TRGP
Based on an overall assessment of its quality, value and momentum Targa Resources is currently classified as a Neutral. 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.
The analyst consensus target price for shares in Targa Resources is $99.00. That is 21.22% above the last closing price of $81.67.
Analysts covering Targa Resources currently have a consensus Earnings Per Share (EPS) forecast of $4.65 for the next financial year.
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 underperformed the S&P500 Index by -4.29%.
As of the last closing price of $81.67, shares in Targa Resources were trading +12.42% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Targa Resources PE ratio based on its reported earnings over the past 12 months is 14.26. The shares last closed at $81.67.
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.
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