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

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.

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.