Targa Resources, Inc. (TRGP): Price and Financial Metrics
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TRGP POWR Grades
- TRGP scores best on the Quality dimension, with a Quality rank ahead of 90.8% of US stocks.
- TRGP's strongest trending metric is Value; it's been moving down over the last 179 days.
- TRGP's current lowest rank is in the Value metric (where it is better than 22.7% of US stocks).
TRGP Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for TRGP is 8.43 -- better than 96.22% of US stocks.
- TRGP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 796.06 -- higher than 95.97% of US-listed equities with positive expected earnings growth.
- Of note is the ratio of Targa Resources Corp's sales and general administrative expense to its total operating expenses; merely 6.61% of US stocks have a lower such ratio.
- Stocks with similar financial metrics, market capitalization, and price volatility to Targa Resources Corp are HST, CVEO, IRDM, COLD, and NOG.
- Visit TRGP's SEC page to see the company's official filings. To visit the company's web site, go to www.targaresources.com.
TRGP Valuation Summary
- TRGP's price/earnings ratio is 52.8; this is 162.69% higher than that of the median Energy stock.
- TRGP's price/sales ratio has moved up 0.7 over the prior 131 months.
- Over the past 131 months, TRGP's price/earnings ratio has gone NA NA.
Below are key valuation metrics over time for TRGP.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
TRGP | 2021-09-03 | 0.9 | 4.7 | 52.8 | 21.7 |
TRGP | 2021-09-02 | 0.9 | 4.7 | 52.8 | 21.7 |
TRGP | 2021-09-01 | 0.9 | 4.6 | 51.3 | 21.3 |
TRGP | 2021-08-31 | 0.9 | 4.6 | 51.5 | 21.4 |
TRGP | 2021-08-30 | 0.9 | 4.6 | 51.8 | 21.4 |
TRGP | 2021-08-27 | 0.9 | 4.7 | 52.9 | 21.7 |
TRGP Growth Metrics
- The 5 year net cashflow from operations growth rate now stands at 56.07%.
- Its year over year net cashflow from operations growth rate is now at 28.47%.
- Its 2 year net income to common stockholders growth rate is now at -2704.23%.

The table below shows TRGP's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2021-12-31 | 16,949.8 | 2,302.9 | -16.1 |
2021-09-30 | 14,081.1 | 2,447.6 | 318.6 |
2021-06-30 | 11,736.5 | 2,309.2 | 195.1 |
2021-03-31 | 9,844.1 | 1,971.7 | 209.6 |
2020-12-31 | 8,260.3 | 1,744.5 | -1,684.8 |
2020-09-30 | 8,161.4 | 1,566.5 | -1,828.3 |
TRGP's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- TRGP has a Quality Grade of B, ranking ahead of 91.16% of graded US stocks.
- TRGP's asset turnover comes in at 0.745 -- ranking 5th of 105 Utilities stocks.
- ENBL, WTRG, and CLNE are the stocks whose asset turnover ratios are most correlated with TRGP.
The table below shows TRGP's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-06-30 | 0.745 | 0.203 | 0.040 |
2021-03-31 | 0.620 | 0.237 | 0.039 |
2020-12-31 | 0.517 | 0.288 | -0.068 |
2020-09-30 | 0.488 | 0.288 | -0.079 |
2020-06-30 | 0.456 | 0.264 | -0.085 |
2020-03-31 | 0.467 | 0.243 | -0.088 |
TRGP Stock Price Chart Interactive Chart >
TRGP Price/Volume Stats
Current price | $71.05 | 52-week high | $81.50 |
Prev. close | $70.49 | 52-week low | $37.98 |
Day low | $70.51 | Volume | 2,003,100 |
Day high | $71.78 | Avg. volume | 1,729,431 |
50-day MA | $73.82 | Dividend yield | 1.99% |
200-day MA | $59.05 | Market Cap | 16.20B |
Targa Resources, Inc. (TRGP) Company Bio
Targa Resources Corporation provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. The company was founded in 2005 and is based in Houston, Texas.
Latest TRGP News From Around the Web
Below are the latest news stories about Targa Resources Corp that investors may wish to consider to help them evaluate TRGP as an investment opportunity.
Targa Resources Corp. (TRGP) CEO Matt Meloy On Q4 2021 Results - Earnings Call TranscriptTarga Resources Corp. (TRGP) Q4 2021 Earnings Conference Call February 24, 2022 11:00 AM ET Company Participants Sanjay Lad - VP, Finance & IR Matt Meloy - CEO Jen Kneale - CFO Scott Pryor - President, Logistics and Transportation Pat McDonie - President, Gathering and Processing Conference Call Participants John... |
Top Energy Stocks for March 2022The energy sector is composed of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves, such as Devon Energy Corp. (DVN). Downstream companies include HollyFrontier Corp. (HFC), which refines and processes oil and gas products for delivery to consumers. |
Targa Resources Corp. Reports Fourth Quarter and Full Year 2021 Financial Results and Provides 2022 Operational and Financial OutlookHOUSTON, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported fourth quarter and full year 2021 results. Fourth Quarter and Full Year 2021 Financial Results Fourth quarter 2021 net income (loss) attributable to Targa Resources Corp. was $(313.6) million (including a non-cash pre-tax impairment loss of $452.3 million on assets in SouthTX associated with Targa’s Central operations) compared to $33.6 million for the fourth quarter of |
10 Best Dividend Stocks To Buy According to Arosa Capital ManagementIn this article, we will discuss the 10 best dividend stocks to buy according to Arosa Capital Management. You can skip our detailed analysis of the hedge fund’s investment strategies, and go directly to read 5 Best Dividend Stocks To Buy According to Arosa Capital Management. Arosa Capital Management is a New York-based alternative investment […] |
Should You Buy Targa Resources (TRGP) Ahead of Earnings?Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. |
TRGP Price Returns
1-mo | -5.03% |
3-mo | 11.99% |
6-mo | 31.85% |
1-year | 86.06% |
3-year | 101.72% |
5-year | 96.68% |
YTD | 37.48% |
2021 | 100.15% |
2020 | -32.48% |
2019 | 23.98% |
2018 | -19.88% |
2017 | -7.09% |
TRGP Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching TRGP
Want to do more research on Targa Resources Corp's stock and its price? Try the links below:Targa Resources Corp (TRGP) Stock Price | Nasdaq
Targa Resources Corp (TRGP) Stock Quote, History and News - Yahoo Finance
Targa Resources Corp (TRGP) Stock Price and Basic Information | MarketWatch
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