Targa Resources Corp
TAR.F
| Exchange: | F |
| Currency | Euro |
| ISIN: | US87612G1013 |
| LEI: | 5493003QENHHS261UR94 |
| Primary Ticker: | TRGP.US |
| Fiscal Year End: | December |
| Sector: | Energy |
| Industry: | Oil & Gas Midstream |
| Gic Sector: | Energy |
| Gic Group: | Energy |
| Gic Industry: | Oil, Gas & Consumable Fuels |
| Gic Sub Industry: | Oil & Gas Storage & Transportation |
| Description: | Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas. |
| Address: | 811 Louisiana Street, Houston, TX, United States, 77002 |
| Website: | https://www.targaresources.com |
| Full Time Employees: | 3182 |
| Updated On: | 2024-11-05 |
Highlights
| Market Capitalization: | 34090539008 |
| Market Capitalization Mln: | 34090.53 |
| EBITDA: | 3774899968 |
| PE Ratio: | 35.43 |
| PEG Ratio: | 1.15 |
| Wall Street Target Price: | 53.76 |
| Book Value: | 11.25 |
| Dividend Share: | 2.5 |
| Dividend Yield: | 0.01 |
| Earnings Share: | 4.37 |
| EPS Estimate Current Year: | 1.74 |
| EPS Estimate Next Year: | 2.29 |
| EPS Estimate Current Quarter: | 0.48 |
| Most Recent Quarter: | 2024-06-30 |
| Profit Margin: | 0.06 |
| Operating Margin TTM: | 0.17 |
| Return On Assets TTM: | 0.07 |
| Return On Equity TTM: | 0.29 |
| Revenue TTM: | 16260500480 |
| Revenue Per Share TTM: | 73.06 |
| Quarterly Revenue Growth YOY: | 0.04 |
| Gross Profit TTM: | 4047700000 |
| Diluted Eps TTM: | 4.37 |
| Quarterly Earnings Growth YOY: | -0.07 |
Valuation
| Trailing PE: | 35.43 |
| Forward PE: | 21.92 |
| Price Sales TTM: | 2.09 |
| Price Book MRQ: | 14.69 |
| Enterprise Value: | 45651977108 |
| Enterprise Value Revenue: | 3.05 |
| Enterprise Value Ebitda: | 13.14 |
Shares
| Shares Outstanding: | 219080000 |
| Shares Float: | 215355359 |
| Percent Insiders: | 1.44 |
| Percent Institutions: | 92.69 |
Technicals
| Beta: | 2.24 |
| 52 Week High: | 160.7 |
| 52 Week Low: | 72.48 |
| 50 Day MA: | 140.71 |
| 200 Day MA: | 115.34 |
Splits & Dividends
| Forward Annual Dividend Rate: | 2.76 |
| Forward Annual Dividend Yield: | 0.01 |
| Payout Ratio: | 0.47 |
| Ex Dividend Date: | 2024-10-31 |
Earnings
| Report Date: | 2025-04-30 |
| Date: | 2025-03-31 |
| Before After Market: | After Market |
| Currency: | USD |
| Report Date: | 2025-02-13 |
| Date: | 2024-12-31 |
| Before After Market: | After Market |
| Currency: | USD |
| Report Date: | 2024-11-05 |
| Date: | 2024-09-30 |
| Before After Market: | After Market |
| Currency: | USD |
| Report Date: | 2021-08-05 |
| Date: | 2021-06-30 |
| Currency: | USD |
| Eps Actual: | 0.15 |
| Eps Estimate: | 0.27 |
| Eps Difference: | -0.12 |
| Surprise Percent: | -44.44 |
| Report Date: | 2021-03-31 |
| Date: | 2021-03-31 |
| Currency: | USD |
| Eps Actual: | 0.53 |
| Eps Estimate: | 0.17 |
| Eps Difference: | 0.36 |
| Surprise Percent: | 211.76 |
| Report Date: | 2020-12-31 |
| Date: | 2020-12-31 |
| Currency: | USD |
| Eps Estimate: | 0.25 |
| Eps Difference: | -0.25 |
| Surprise Percent: | -10 |
| Report Date: | 2020-09-30 |
| Date: | 2020-09-30 |
| Currency: | USD |
| Eps Actual: | 0.16 |
| Eps Estimate: | 0.1 |
| Eps Difference: | 0.06 |
| Surprise Percent: | 6 |
| Date: | 2022-12-31 |
| Period: | +1y |
| Growth: | 0.31 |
| Earnings Estimate Avg: | 2.29 |
| Earnings Estimate Low: | 1.26 |
| Earnings Estimate High: | 3.03 |
| Earnings Estimate Year Ago Eps: | 1.74 |
| Earnings Estimate Number Of Analysts: | 16.00 |
| Earnings Estimate Growth: | 0.31 |
| Revenue Estimate Avg: | 11602200000.00 |
| Revenue Estimate Low: | 3587000000.00 |
| Revenue Estimate High: | 15464800000.00 |
| Revenue Estimate Number Of Analysts: | 7.00 |
| Revenue Estimate Growth: | -0.18 |
| Eps Trend Current: | 2.29 |
| Eps Trend7days Ago: | 2.29 |
| Eps Trend30days Ago: | 2.29 |
| Eps Trend60days Ago: | 1.96 |
| Eps Trend90days Ago: | 1.80 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2021-12-31 |
| Growth: | 1.24 |
| Earnings Estimate Avg: | 1.74 |
| Earnings Estimate Low: | 1.15 |
| Earnings Estimate High: | 2.39 |
| Earnings Estimate Year Ago Eps: | -7.22 |
| Earnings Estimate Number Of Analysts: | 12.00 |
| Earnings Estimate Growth: | 1.24 |
| Revenue Estimate Avg: | 14187900000.00 |
| Revenue Estimate Low: | 11340000000.00 |
| Revenue Estimate High: | 18248000000.00 |
| Revenue Estimate Number Of Analysts: | 7.00 |
| Revenue Estimate Growth: | 0.71 |
| Eps Trend Current: | 1.74 |
| Eps Trend7days Ago: | 1.74 |
| Eps Trend30days Ago: | 1.73 |
| Eps Trend60days Ago: | 1.50 |
| Eps Trend90days Ago: | 1.38 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2021-09-30 |
| Growth: | 2.00 |
| Earnings Estimate Avg: | 0.48 |
| Earnings Estimate Low: | 0.35 |
| Earnings Estimate High: | 0.60 |
| Earnings Estimate Year Ago Eps: | 0.16 |
| Earnings Estimate Number Of Analysts: | 13.00 |
| Earnings Estimate Growth: | 2.00 |
| Revenue Estimate Avg: | 3303750000.00 |
| Revenue Estimate Low: | 2136000000.00 |
| Revenue Estimate High: | 3762350000.00 |
| Revenue Estimate Number Of Analysts: | 5.00 |
| Revenue Estimate Growth: | 0.56 |
| Eps Trend Current: | 0.48 |
| Eps Trend7days Ago: | 0.48 |
| Eps Trend30days Ago: | 0.47 |
| Eps Trend60days Ago: | 0.35 |
| Eps Trend90days Ago: | 0.32 |
| Eps Revisions Up Last30days: | 1.00 |
| Date: | 2024-09-30 |
| Eps Actual: | 0.6 |
| Date: | 2020-12-31 |
| Eps Actual: | 0.1 |