Targa Resources, Inc. (TRGP): Price and Financial Metrics


Targa Resources, Inc. (TRGP): $61.10

2.90 (+4.98%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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TRGP POWR Grades

  • TRGP scores best on the Momentum dimension, with a Momentum rank ahead of 96.44% of US stocks.
  • The strongest trend for TRGP is in Stability, which has been heading down over the past 177 days.
  • TRGP ranks lowest in Value; there it ranks in the 21st percentile.

TRGP Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for TRGP is 10.1 -- better than 96.74% of US stocks.
  • TRGP's current price/earnings ratio is 61.56, which is higher than 93.17% of US stocks with positive earnings.
  • Of note is the ratio of TARGA RESOURCES CORP's sales and general administrative expense to its total operating expenses; only 6.22% of US stocks have a lower such ratio.
  • Stocks with similar financial metrics, market capitalization, and price volatility to TARGA RESOURCES CORP are UDR, SUN, ENLC, SNCY, and CUBE.
  • 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

  • In comparison to the median Energy stock, TRGP's price/earnings ratio is 555.1% higher, now standing at 64.2.
  • TRGP's price/sales ratio has moved up 0.4 over the prior 144 months.

Below are key valuation metrics over time for TRGP.

Stock Date P/S P/B P/E EV/EBIT
TRGP 2022-09-23 0.6 6.5 64.2 20.3
TRGP 2022-09-22 0.7 7.2 70.3 21.6
TRGP 2022-09-21 0.7 7.3 71.9 21.9
TRGP 2022-09-20 0.7 7.5 73.6 22.3
TRGP 2022-09-19 0.8 7.6 74.5 22.4
TRGP 2022-09-16 0.7 7.5 73.9 22.3

TRGP Growth Metrics

    Its year over year revenue growth rate is now at 85.66%.
  • The year over year price growth rate now stands at 101.02%.
  • Its year over year cash and equivalents growth rate is now at -45.31%.
TRGP's revenue has moved up $12,121,300,000 over the prior 33 months.

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
2022-06-30 20,916.2 2,383 210.8
2022-03-31 18,276.3 2,371.3 -127.5
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

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 >

Price chart for TRGP

TRGP Price/Volume Stats

Current price $61.10 52-week high $81.50
Prev. close $58.20 52-week low $47.57
Day low $58.45 Volume 2,251,530
Day high $61.29 Avg. volume 1,842,652
50-day MA $67.40 Dividend yield 2.41%
200-day MA $65.83 Market Cap 13.84B

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.


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Latest TRGP News From Around the Web

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TRGP Price Returns

1-mo -14.08%
3-mo 2.94%
6-mo -20.21%
1-year 26.11%
3-year 68.79%
5-year 66.91%
YTD 18.85%
2021 100.15%
2020 -32.48%
2019 23.98%
2018 -19.88%
2017 -7.09%

TRGP Dividends

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