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


Targa Resources, Inc. (TRGP): $73.41

-1.36 (-1.82%)

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 98.22% of US stocks.
  • TRGP's strongest trending metric is Quality; it's been moving down over the last 177 days.
  • TRGP ranks lowest in Value; there it ranks in the 6th percentile.

TRGP Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for TRGP is 9.15 -- better than 96.33% of US stocks.
  • TRGP's current price/earnings ratio is 69.51, which is higher than 91.6% 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; just 6.51% of US stocks have a lower such ratio.
  • Stocks that are quantitatively similar to TRGP, based on their financial statements, market capitalization, and price volatility, are ENLC, UDR, CUBE, AMH, and PEAK.
  • TRGP's SEC filings can be seen here. And to visit TARGA RESOURCES CORP's official web site, go to www.targaresources.com.

TRGP Valuation Summary

  • TRGP's price/earnings ratio is 70.1; this is 645.74% higher than that of the median Energy stock.
  • TRGP's EV/EBIT ratio has moved up 13.1 over the prior 147 months.

Below are key valuation metrics over time for TRGP.

Stock Date P/S P/B P/E EV/EBIT
TRGP 2023-01-13 0.8 7.2 70.1 26.0
TRGP 2023-01-12 0.8 7.2 70.1 26.0
TRGP 2023-01-11 0.8 7.1 69.4 25.8
TRGP 2023-01-10 0.8 7.1 69.2 25.7
TRGP 2023-01-09 0.8 7.1 69.7 25.9
TRGP 2023-01-06 0.8 6.9 68.0 25.5

TRGP Growth Metrics

    Its 3 year net income to common stockholders growth rate is now at 29.91%.
  • Its year over year net cashflow from operations growth rate is now at 20.27%.
  • Its 2 year net cashflow from operations growth rate is now at 54.5%.
TRGP's revenue has moved up $14,455,600,000 over the prior 67 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
2022-09-30 21,816.6 2,347.4 243.5
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

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 $73.41 52-week high $81.50
Prev. close $74.77 52-week low $55.56
Day low $73.08 Volume 1,092,200
Day high $75.54 Avg. volume 1,342,791
50-day MA $73.05 Dividend yield 1.91%
200-day MA $69.17 Market Cap 16.62B

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.

Time to Buy these Top-Rated Growth Stocks at a Discount?

These three stocks have seen stellar EPS growth over the last five years and their attractive valuations make them appear to have more short-term upside in addition to being solid long-term investments.

Yahoo | January 25, 2023

3 Reasons Why Growth Investors Shouldn't Overlook Targa Resources, Inc. (TRGP)

Targa Resources, Inc. (TRGP) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Yahoo | January 25, 2023

Only Four Days Left To Cash In On Targa Resources' (NYSE:TRGP) Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Targa...

Yahoo | January 25, 2023

Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access Day

HOUSTON, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day on Tuesday, January 24, 2023 in Houston, TX.

GlobeNewswire | January 23, 2023

15 Biggest Natural Gas Pipeline Companies in the World

In this article, we will take a look at the 15 biggest natural gas pipeline companies in the world. If you want to see more companies in this selection, go to the 5 Biggest Natural Gas Pipeline Companies in the World. In the past five decades, the consumption of energy globally has increased by over […]

Yahoo | January 23, 2023

Read More 'TRGP' Stories Here

TRGP Price Returns

1-mo 0.89%
3-mo 3.38%
6-mo 10.65%
1-year 22.63%
3-year 104.86%
5-year 97.81%
YTD 0.34%
2022 43.71%
2021 100.15%
2020 -32.48%
2019 23.98%
2018 -19.88%

TRGP Dividends

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