Summary

201.98 -1.59(-0.78%)11/20/2024
Targa Resources Corp (TRGP)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.194.6524.8942.6972.26132.4813.161,480.31


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Earnings
  • TRGP reported last earnings on 2024-11-05 after the market.
  • An EPS of $1.75 was observed compared to an estimated EPS of $1.56, resulting in a surprise value of $0.19.
  • A revenue of $3,852 million was observed compared to an estimated revenue of $4,060 million, resulting in a surprise value of $-208 Million.


  • Fundamental Ratings
    CategoryRating
    Main RatingC+
    Recommended RatingSell
    DCFStrong Sell
    ROEStrong Buy
    ROABuy
    Debt/EquityStrong Sell
    P/EStrong Sell
    P/BStrong Sell


    Trading Data
    Close201.98
    Open204.81
    High205.20
    Low201.22
    Volume764,977
    Change0.38
    Change %0.19
    Avg Volume (20 Days)1,236,424
    Volume/Avg Volume (20 Days) Ratio0.62
    52 Week Range81.03 - 205.20
    Price vs 52 Week High-1.57%
    Price vs 52 Week Low149.27%
    Range-1.38
    Gap Up/Down2.96
    Fundamentals
    Market Capitalization (Mln)36,930
    EBIDTA2,146,599,936
    PE Ratio36.6545
    PEG Ratio1.0309
    WallStreet Target Price66.29
    Book Value9.5430
    Earnings Per Share1.3750
    EPS Estimate Current Quarter0.5300
    EPS Estimate Next Quarter0.6400
    EPS Estimate Current Year1.9800
    EPS Estimate Next Year2.8600
    Diluted EPS (TTM)1.3750
    Revenues
    Profit Marging0.0297
    Operating Marging (TTM)0.0905
    Return on asset (TTM)0.0497
    Return on equity (TTM)0.1290
    Revenue TTM14,081,000,448
    Revenue per share TTM61.5560
    Quarterly Revenue Growth (YOY)1.1090
    Quarterly Earnings Growth (YOY)3.1700
    Gross Profit (TTM)3,155,200,000
    Dividends
    Dividend Share0.4000
    Dividend Yield0.0079
    Valuations
    Trailing PE36.6545
    Forward PE17.3913
    Price Sales (TTM)0.0000
    Price Book (MRQ)5.4710
    Revenue Enterprise Value 1.3147
    EBITDA Enterprise Value4.0545
    Shares
    Shares Outstanding228,972,000
    Shares Float224,756,360
    Shares Short0
    Shares Short (Prior Month)0
    Shares Ratio0.00
    Short Outstanding (%)0.00
    Short Float (%)0.00
    Insider (%)1.45
    Institutions (%)88.47


    11/21 05:28 EST - fool.com
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    11/19 13:01 EST - zacks.com
    Targa Resources, Inc. (TRGP) Is Up 1.96% in One Week: What You Should Know
    Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
    11/13 10:44 EST - seekingalpha.com
    Targa Resources: The Price Is Not Always Right (Rating Downgrade)
    TRGP's price performance over the last several months has been incredibly strong, pushing it out past my price target for 2026. The new growth projects announced by the company will likely cause the company to increase debt levels in 2025, although still at manageable levels. Targa Resources will...
    11/12 08:05 EST - zacks.com
    Targa Resources Q3 Earnings Beat on Permian Volume Strength
    TRGP's adjusted EBITDA for the third quarter totaled $1.1 billion, up from $840.2 million in the prior-year period.
    11/11 17:00 EST - globenewswire.com
    Targa Resources Corp. to Participate in BofA Securities Global Energy Conference
    HOUSTON, Nov. 11, 2024 (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 BofA Securities Global Energy Conference in Houston, TX on Wednesday, November 13, 2024.
    11/11 13:00 EST - zacks.com
    Targa Resources (TRGP) Upgraded to Buy: What Does It Mean for the Stock?
    Targa Resources (TRGP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
    11/10 21:42 EST - seekingalpha.com
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    11/05 14:36 EST - seekingalpha.com
    Targa Resources Corp (TRGP) Q3 2024 Earnings Call Transcript
    Targa Resources Corp (NYSE:TRGP ) Q3 2024 Results Conference Call November 5, 2024 11:00 AM ET Company Participants Tristan Richardson - IR Matt Meloy - CEO & Director Jen Kneale - President of Finance & Administration Will Byers - Executive Vice President & CFO Scott Pryor - President of Logistics...
    11/05 06:00 EST - globenewswire.com
    Targa Resources Corp. Reports Record Third Quarter 2024 Results and Announces Expectations for a 33% Year-Over-Year Increase to its 2025 Common Dividend
    HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2024 results.
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    10/16 17:28 EST - globenewswire.com
    Targa Resources Corp. Releases Sustainability Report
    HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2023 is now available on the Company's website at https://www.targaresources.com/sustainability. The report advances Targa's sustainability...
    10/15 13:00 EST - zacks.com
    Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice
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    10/10 17:00 EST - globenewswire.com
    Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast
    HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the third quarter of 2024.
    10/10 15:31 EST - zacks.com
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    10/07 07:16 EST - zacks.com
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    09/27 17:00 EST - globenewswire.com
    Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream & Clean Energy Conference
    HOUSTON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate virtually from Houston, TX in investor meetings at the Wolfe Research Utilities, Midstream & Clean Energy Conference held...