$32.28 0.1 0.3%
Last Trade - 03/03/21
| Market Cap | £5.27bn |
| Enterprise Value | £12.54bn |
| Revenue | £5.92bn |
| Position in Universe | 1107th / 6643 |
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| 6,659 | 6,691 | 8,815 | 10,484 | 8,671 | 8,260 | 8,692 | 9,538 | +4.4% | ||
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Targa Resources Corp. is a midstream energy company in North America. It provides midstream services. Its segments include Gathering and Processing, and Logistics and Marketing (Downstream Business). It is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas exporters; gathering, storing and terminalling crude oil, and storing, terminalling and selling refined petroleum products. The Gathering and Processing segment consists of gathering, compressing, dehydrating, treating, conditioning, processing, and marketing natural gas and gathering crude oil. The Logistics and Marketing segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain services, such as storing, fractionating, terminalling, transporting and marketing of NGLs and NGL products.
| Last Annual | December 31st, 2020 |
| Last Interim | December 31st, 2020 |
| Incorporated | October 27, 2005 |
| Public Since | December 7, 2010 |
| No. of Shareholders: | 207 |
| No. of Employees: | 2,372 |
| Sector | Energy |
| Industry | Oil & Gas Related Equipment and Services |
| Index | |
| Exchange | New York Stock Exchange |
| Shares in Issue | 228,654,246 |
| Free Float | (0.0%) |
| Eligible for |
ISAs
SIPPs
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| Address | 1000 Louisiana St Ste 4300, HOUSTON, 77002-5036, United States |
| Web | https://www.targaresources.com/ |
| Phone | +1 713 5841000 |
| Contact | () |
| Auditors | PricewaterhouseCoopers LLP |
As of 03/03/21, shares in Targa Resources are trading at $32.28, giving the company a market capitalisation of £5.27bn. This share price information is delayed by 15 minutes.
Shares in Targa Resources are currently trading at $32.28 and the price has moved by -5.13% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Targa Resources price has moved by -26.98% over the past year.
Of the analysts with advisory recommendations for Targa Resources, there are there are currently 5 "buy" , 8 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Targa Resources is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Targa Resources is scheduled to issue upcoming financial results on the following dates:
The Targa Resources dividend yield is 3.76% based on the trailing twelve month period.
Last year, Targa Resources paid a total dividend of 1.21, and it currently has a trailing dividend yield of 3.76%. Looking ahead, Targa Resources has not announced an ex-dividend date yet.
Targa Resources has yet to annouce their ex-dividend date. The historic dividend yield on Targa Resources shares is currently 3.76%.
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.
Shares in Targa Resources are currently trading at $32.28, giving the company a market capitalisation of £5.27bn.
Here are the trading details for Targa Resources:
Based on an overall assessment of its quality, value and momentum, Targa Resources is currently classified as a Turnaround. 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.
Shares in Targa Resources are currently priced at $32.28. At that level they are trading at 24.37% premium to the analyst consensus target price of 0.00.
Analysts covering Targa Resources currently have a consensus Earnings Per Share (EPS) forecast of 0.668 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, the relative strength of its shares against the market has been 71.66%. At the current price of $32.28, shares in Targa Resources are trading at 49.07% against 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 85.57. The shares are currently trading at $32.28.
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's management team is headed by:
Here are the top five shareholders of Targa Resources based on the size of their shareholding:
