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


Targa Resources, Inc. (TRGP): $71.05

0.56 (+0.79%)

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 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%.
TRGP's revenue has moved up $8,825,200,000 over the prior 52 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
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 >

Price chart for TRGP

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.


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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 Transcript

Targa 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...

SA Transcripts on Seeking Alpha | February 25, 2022

Top Energy Stocks for March 2022

The 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.

Yahoo | February 24, 2022

Targa Resources Corp. Reports Fourth Quarter and Full Year 2021 Financial Results and Provides 2022 Operational and Financial Outlook

HOUSTON, 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

Yahoo | February 24, 2022

10 Best Dividend Stocks To Buy According to Arosa Capital Management

In 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 […]

Yahoo | February 19, 2022

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.

Yahoo | February 16, 2022

Read More 'TRGP' Stories Here

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

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