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


Targa Resources, Inc. (TRGP): $47.42

-0.02 (-0.04%)

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 91.11% of US stocks.
  • The strongest trend for TRGP is in Stability, which has been heading up over the past 48 weeks.
  • TRGP's current lowest rank is in the Sentiment metric (where it is better than 23.41% of US stocks).

TRGP Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for TRGP is 5.37 -- better than 93.24% of US stocks.
  • Of note is the ratio of Targa Resources Corp's sales and general administrative expense to its total operating expenses; merely 9.36% of US stocks have a lower such ratio.
  • As for revenue growth, note that TRGP's revenue has grown 47.65% over the past 12 months; that beats the revenue growth of 85.88% of US companies in our set.
  • Stocks that are quantitatively similar to TRGP, based on their financial statements, market capitalization, and price volatility, are SBOW, REG, STAG, CEQP, and SRC.
  • 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 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

  • Its year over year cash and equivalents growth rate is now at -33.77%.
  • The year over year price growth rate now stands at 176.9%.
  • The 5 year price growth rate now stands at -73.62%.
TRGP's revenue has moved up $3,315,900,000 over the prior 15 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
2021-06-30 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
2020-06-30 7,948.8 1,576.4 -1,943.8
2020-03-31 8,420.6 1,534.8 -2,033.9

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 91.11% of graded US stocks.
  • TRGP's asset turnover comes in at 0.745 -- ranking 4th of 105 Utilities stocks.
  • WTRG, CLNE, and OPTT 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 $47.42 52-week high $49.20
Prev. close $47.44 52-week low $13.22
Day low $46.80 Volume 832,700
Day high $47.64 Avg. volume 1,982,702
50-day MA $43.62 Dividend yield 0.84%
200-day MA $36.87 Market Cap 10.84B

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


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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.

Top Energy Stocks for October 2021

These are the energy stocks with the best value, fastest growth, and most momentum for October 2021.

Yahoo | September 22, 2021

15 Best Energy Stocks to Invest In Today

In this article, we discuss the 15 best energy stocks to invest in today. You can skip our detailed analysis of the energy stocks and the industry’s future outlook and go directly to the 5 Best Energy Stocks to Invest In Today. Due to oil prices reaching their multiyear high and the growing trends of clean […]

Yahoo | September 10, 2021

Targa Resources Corp. to Participate in Barclays CEO Energy-Power Conference

HOUSTON, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via video conference at the Barclays CEO Energy-Power Conference on Wednesday, September 8, 2021.

Intrado Digital Media | September 7, 2021

Targa (TRGP) Stock Leaves No Mark Missing on Q2 Earnings

Targa Resources' (TRGP) adjusted EBITDA jumps from $351.2 million a year earlier to $460 million in the second quarter of 2021.

Yahoo | August 20, 2021

What Is The Ownership Structure Like For Targa Resources Corp. (NYSE:TRGP)?

The big shareholder groups in Targa Resources Corp. ( NYSE:TRGP ) have power over the company. Insiders often own a...

Yahoo | August 20, 2021

Read More 'TRGP' Stories Here

TRGP Price Returns

1-mo 6.90%
3-mo 4.90%
6-mo 46.90%
1-year 244.88%
3-year -0.80%
5-year 37.14%
YTD 81.35%
2020 -32.48%
2019 23.98%
2018 -19.88%
2017 -7.09%
2016 130.82%

TRGP Dividends

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