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

Targa Resources, Inc. (TRGP): $59.75

-5.70 (-8.71%)

POWR Rating

Component Grades













Add TRGP to Watchlist
Sign Up


  • 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 179 days.
  • TRGP's current lowest rank is in the Value metric (where it is better than 21.78% of US stocks).

TRGP Stock Summary

  • TARGA RESOURCES CORP's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 96.78% of US listed stocks.
  • With a price/earnings ratio of 73.88, TARGA RESOURCES CORP P/E ratio is greater than that of about 93.94% of stocks in our set with positive earnings.
  • Of note is the ratio of TARGA RESOURCES CORP's sales and general administrative expense to its total operating expenses; only 6.2% of US stocks have a lower such ratio.
  • Stocks with similar financial metrics, market capitalization, and price volatility to TARGA RESOURCES CORP are UDR, ENLC, PEAK, SUN, 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 $59.75 52-week high $81.50
Prev. close $65.45 52-week low $46.80
Day low $58.82 Volume 2,195,800
Day high $63.21 Avg. volume 1,834,139
50-day MA $67.51 Dividend yield 2.34%
200-day MA $65.73 Market Cap 13.54B

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.

TRGP Latest News Stream

Event/Time News Detail
Loading, please wait...

TRGP Latest Social Stream

Loading social stream, please wait...

View Full TRGP Social Stream

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.

“Chain of Sandcastles”: Aramco’s Reality Check and 10 Fossil Fuel Stocks to Invest In for Future

In this article, we discuss Aramco’s reality check and 10 fossil fuel stocks to invest in for the future. If you want to see more stocks in this list, check out 5 Fossil Fuel Stocks to Invest In for Future. A Bloomberg report dated September 20 reported Saudi Aramco’s warnings about the thinning investment in […]

Yahoo | September 21, 2022

Does Targa Resources (NYSE:TRGP) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Yahoo | September 18, 2022

Should iShares S&P MidCap 400 Growth ETF (IJK) Be on Your Investing Radar?

Style Box ETF report for IJK

Yahoo | September 14, 2022

Should iShares Core S&P MidCap ETF (IJH) Be on Your Investing Radar?

Style Box ETF report for IJH

Yahoo | September 13, 2022

15 Biggest Energy Companies in the US

In this article, we discuss the 15 biggest energy companies in the US. If you want to skip our detailed analysis of these stocks, go directly to the 5 Biggest Energy Companies in the US. It’s been a turbulent past 2 years for many energy companies. In 2020, energy prices plunged as economies crashed due […]

Yahoo | September 11, 2022

Read More 'TRGP' Stories Here

TRGP Price Returns

1-mo -14.90%
3-mo -1.13%
6-mo -19.37%
1-year 28.27%
3-year 64.97%
5-year 61.54%
YTD 16.22%
2021 100.15%
2020 -32.48%
2019 23.98%
2018 -19.88%
2017 -7.09%

TRGP Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full TRGP Dividend History

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Page generated in 0.5099 seconds.