Summary
201.98 -1.59(-0.78%)11/20/2024
Targa Resources Corp (TRGP)
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.
Targa Resources Corp (TRGP)
Key Facts
1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
0.19 | 4.65 | 24.89 | 42.69 | 72.26 | 132.48 | 13.16 | 1,480.31 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
Earnings
Fundamental Ratings
Category | Rating |
Main Rating | C+ |
Recommended Rating | Sell |
DCF | Strong Sell |
ROE | Strong Buy |
ROA | Buy |
Debt/Equity | Strong Sell |
P/E | Strong Sell |
P/B | Strong Sell |
Trading Data | ||
Close | 201.98 | |
Open | 204.81 | |
High | 205.20 | |
Low | 201.22 | |
Volume | 764,977 | |
Change | 0.38 | |
Change % | 0.19 | |
Avg Volume (20 Days) | 1,236,424 | |
Volume/Avg Volume (20 Days) Ratio | 0.62 | |
52 Week Range | 81.03 - 205.20 | |
Price vs 52 Week High | -1.57% | |
Price vs 52 Week Low | 149.27% | |
Range | -1.38 | |
Gap Up/Down | 2.96 |
Fundamentals | ||
Market Capitalization (Mln) | 36,930 | |
EBIDTA | 2,146,599,936 | |
PE Ratio | 36.6545 | |
PEG Ratio | 1.0309 | |
WallStreet Target Price | 66.29 | |
Book Value | 9.5430 | |
Earnings Per Share | 1.3750 | |
EPS Estimate Current Quarter | 0.5300 | |
EPS Estimate Next Quarter | 0.6400 | |
EPS Estimate Current Year | 1.9800 | |
EPS Estimate Next Year | 2.8600 | |
Diluted EPS (TTM) | 1.3750 | |
Revenues | ||
Profit Marging | 0.0297 | |
Operating Marging (TTM) | 0.0905 | |
Return on asset (TTM) | 0.0497 | |
Return on equity (TTM) | 0.1290 | |
Revenue TTM | 14,081,000,448 | |
Revenue per share TTM | 61.5560 | |
Quarterly Revenue Growth (YOY) | 1.1090 | |
Quarterly Earnings Growth (YOY) | 3.1700 | |
Gross Profit (TTM) | 3,155,200,000 |
Dividends | ||
Dividend Share | 0.4000 | |
Dividend Yield | 0.0079 | |
Valuations | ||
Trailing PE | 36.6545 | |
Forward PE | 17.3913 | |
Price Sales (TTM) | 0.0000 | |
Price Book (MRQ) | 5.4710 | |
Revenue Enterprise Value | 1.3147 | |
EBITDA Enterprise Value | 4.0545 | |
Shares | ||
Shares Outstanding | 228,972,000 | |
Shares Float | 224,756,360 | |
Shares Short | 0 | |
Shares Short (Prior Month) | 0 | |
Shares Ratio | 0.00 | |
Short Outstanding (%) | 0.00 | |
Short Float (%) | 0.00 | |
Insider (%) | 1.45 | |
Institutions (%) | 88.47 |
11/21 05:28 EST - fool.com
3 No-Brainer Energy Stocks to Buy With $1,000 Right Now
3 No-Brainer Energy Stocks to Buy With $1,000 Right Now
3 No-Brainer Energy Stocks to Buy With $1,000 Right Now
3 No-Brainer Energy Stocks to Buy With $1,000 Right Now
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.
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...
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.
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.
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.
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
Targa Resources: Assuming The Past Never Happens Again
Target Resources cut its dividend in 2020 to repay debt faster, reflecting its aggressive growth strategy. Midstream earnings are protected by "take-or-pay" contracts, but growth often slows during cyclical downturns (of customer upstream companies). The cyclical nature of the upstream business...
Targa Resources: Assuming The Past Never Happens Again
Target Resources cut its dividend in 2020 to repay debt faster, reflecting its aggressive growth strategy. Midstream earnings are protected by "take-or-pay" contracts, but growth often slows during cyclical downturns (of customer upstream companies). The cyclical nature of the upstream business...
11/09 09:46 EST - seekingalpha.com
Four Midstream Energy CEFs Now Offer Strong Total Return Potential
The energy sector, particularly midstream companies, is set to benefit from Trump's pro-oil and gas policies, boosting fossil fuel investments. Midstream companies like Energy Transfer are experiencing significant growth due to rising natural gas demand from power plants and data centers. Investing...
Four Midstream Energy CEFs Now Offer Strong Total Return Potential
The energy sector, particularly midstream companies, is set to benefit from Trump's pro-oil and gas policies, boosting fossil fuel investments. Midstream companies like Energy Transfer are experiencing significant growth due to rising natural gas demand from power plants and data centers. Investing...
11/08 08:26 EST - marketbeat.com
The Top 5 Performing S&P 500 Stocks YTD in 2024
The S&P 500 has had an extraordinary year so far, with the S&P 500 ETF NYSE: SPY boasting a 25.31% return year-to-date, well above the market's average pace. Driving this surge are shifting monetary policies, the Federal Reserve's consecutive rate cuts, rapid advancements in AI and technology, and...
The Top 5 Performing S&P 500 Stocks YTD in 2024
The S&P 500 has had an extraordinary year so far, with the S&P 500 ETF NYSE: SPY boasting a 25.31% return year-to-date, well above the market's average pace. Driving this surge are shifting monetary policies, the Federal Reserve's consecutive rate cuts, rapid advancements in AI and technology, and...
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...
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.
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.
10/24 16:59 EST - seekingalpha.com
Very Good News For Big Dividend Infrastructure Stocks
Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.
Very Good News For Big Dividend Infrastructure Stocks
Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.
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...
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
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
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.
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
The Next Commodity Megatrend: 2 Top Ranked Stocks to Profit
With the explosion of AI technology and the tremendous energy it demands, business leaders have been frantically searching for new ways to power this technological super-trend. Just for context, if the rate of adoption for AI continues at its current pace, data center energy demand will grow from...
The Next Commodity Megatrend: 2 Top Ranked Stocks to Profit
With the explosion of AI technology and the tremendous energy it demands, business leaders have been frantically searching for new ways to power this technological super-trend. Just for context, if the rate of adoption for AI continues at its current pace, data center energy demand will grow from...
10/10 14:07 EST - seekingalpha.com
One Stock Most Likely To Miss Q3 2024 Estimates
Wall Street analysts were overly optimistic about second-quarter earnings for most S&P 500 companies, with 74% of Street EPS exceeding Core EPS. Our analysis reveals that Street Earnings overstate profits for 369 S&P 500 companies, with an average overstatement of 19%. 42% of S&P 500 companies have...
One Stock Most Likely To Miss Q3 2024 Estimates
Wall Street analysts were overly optimistic about second-quarter earnings for most S&P 500 companies, with 74% of Street EPS exceeding Core EPS. Our analysis reveals that Street Earnings overstate profits for 369 S&P 500 companies, with an average overstatement of 19%. 42% of S&P 500 companies have...
10/07 07:16 EST - zacks.com
New Strong Buy Stocks for October 7th
ADMA, VERX, TRGP, EBMT and TALO have been added to the Zacks Rank #1 (Strong Buy) List on October 7, 2024.
New Strong Buy Stocks for October 7th
ADMA, VERX, TRGP, EBMT and TALO have been added to the Zacks Rank #1 (Strong Buy) List on October 7, 2024.
10/04 07:37 EST - seekingalpha.com
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and...
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and...
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...
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...