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

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 >
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.
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. |
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. |
Only Four Days Left To Cash In On Targa Resources' (NYSE:TRGP) DividendRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Targa... |
Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access DayHOUSTON, 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. |
15 Biggest Natural Gas Pipeline Companies in the WorldIn 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 […] |
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
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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