Summary
128.89 0.31(0.24%)06/28/2024
Targa Resources Corp (TRGP)
Targa Resources Corp (TRGP)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.24 | 3.03 | 11.61 | 15.02 | 49.26 | 71.37 | -24.18 | 908.44 |
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| Trading Data | ||
| Close | 128.89 | |
| Open | 129.11 | |
| High | 130.53 | |
| Low | 128.65 | |
| Volume | 1,144,123 | |
| Change | 0.31 | |
| Change % | 0.24 | |
| Avg Volume (20 Days) | 1,236,816 | |
| Volume/Avg Volume (20 Days) Ratio | 0.93 | |
| 52 Week Range | 74.20 - 130.53 | |
| Price vs 52 Week High | -1.26% | |
| Price vs 52 Week Low | 73.71% | |
| Range | -0.17 | |
| Gap Up/Down | 0.22 | |
Fundamentals | ||
| Market Capitalization (Mln) | 28,553 | |
| 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 | |
06/28 08:43 EST - marketwatch.com
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
06/26 12:50 EST - zacks.com
Why Targa Resources, Inc. (TRGP) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Why Targa Resources, Inc. (TRGP) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
06/24 16:13 EST - globenewswire.com
Targa Resources Corp. Announces Organizational Changes
HOUSTON, June 24, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the following organizational changes, with the changes approved by Targa's Board of Directors effective July 22, 2024. As part of Targa's long-term development plans, Jennifer R. Kneale, current Chief Financial Officer (“CFO”), will become President - Finance and Administration. Jen will continue to report to Matthew J. Meloy, Targa's Chief Executive Officer. William A. Byers will join Targa as Chief Financial Officer, reporting to Jen. Will previously served as CFO at Manchester Energy, LLC (“Manchester”) and Executive Vice President and CFO at Navitas Midstream Partners, LLC (“Navitas”).
Targa Resources Corp. Announces Organizational Changes
HOUSTON, June 24, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the following organizational changes, with the changes approved by Targa's Board of Directors effective July 22, 2024. As part of Targa's long-term development plans, Jennifer R. Kneale, current Chief Financial Officer (“CFO”), will become President - Finance and Administration. Jen will continue to report to Matthew J. Meloy, Targa's Chief Executive Officer. William A. Byers will join Targa as Chief Financial Officer, reporting to Jen. Will previously served as CFO at Manchester Energy, LLC (“Manchester”) and Executive Vice President and CFO at Navitas Midstream Partners, LLC (“Navitas”).
06/20 14:39 EST - youtube.com
Investment committee talks the energy trade as oil hits $80 per barrel
The Investment Committee debate the energy sector as oil hits $80 a barrel.
Investment committee talks the energy trade as oil hits $80 per barrel
The Investment Committee debate the energy sector as oil hits $80 a barrel.
06/19 14:00 EST - investorplace.com
Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for June 2024
Oil and natural gas production in the U.S. is booming. Growth is particularly strong in the Permian Basin that straddles Texas and New Mexico.
Wall Street Favorites: 3 Energy Stocks With Strong Buy Ratings for June 2024
Oil and natural gas production in the U.S. is booming. Growth is particularly strong in the Permian Basin that straddles Texas and New Mexico.
06/14 09:00 EST - zacks.com
3 Refining & Marketing MLP Stocks That Are Worth a Look
Industry Overview
3 Refining & Marketing MLP Stocks That Are Worth a Look
Industry Overview
06/10 12:45 EST - zacks.com
Targa Resources, Inc. (TRGP) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Targa Resources, Inc. (TRGP) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
05/24 10:45 EST - zacks.com
Brokers Love These Energy Stocks, It's Time You Take a Look
Considering the unpredictability and volatility of the energy space, we advise focusing on broker-favored stocks like Halliburton (HAL), Valero Energy (VLO) and Targa Resources (TRGP).
Brokers Love These Energy Stocks, It's Time You Take a Look
Considering the unpredictability and volatility of the energy space, we advise focusing on broker-favored stocks like Halliburton (HAL), Valero Energy (VLO) and Targa Resources (TRGP).
05/20 18:00 EST - globenewswire.com
Targa Resources Corp. to Participate in 21st Annual Energy Infrastructure CEO & Investor Conference
HOUSTON, May 20, 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 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL on Wednesday, May 22, 2024.
Targa Resources Corp. to Participate in 21st Annual Energy Infrastructure CEO & Investor Conference
HOUSTON, May 20, 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 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL on Wednesday, May 22, 2024.
05/14 11:30 EST - zacks.com
4 Energy Companies That Recently Pumped Up Their Dividends
Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.
4 Energy Companies That Recently Pumped Up Their Dividends
Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.
05/07 09:26 EST - zacks.com
Targa Resources (TRGP) Q1 Earnings Miss Estimates, Rise Y/Y
Targa (TRGP) expects 2024 growth capital expenditures between $2.3 billion and $2.5 billion, with net maintenance capital spending of $225 million.
Targa Resources (TRGP) Q1 Earnings Miss Estimates, Rise Y/Y
Targa (TRGP) expects 2024 growth capital expenditures between $2.3 billion and $2.5 billion, with net maintenance capital spending of $225 million.
05/03 12:16 EST - seekingalpha.com
Targa Resources: Improving Ebitda And Possible Upside Potential
Targa Resources Corp. has been a top performer in the Oil and Gas Storage and Transportation industry, with a 1-Year Total Return of 55%. The company`s multiples are historically higher compared to peers which may be for a good reason. A one-off recognition of cumulative interest on a 2024 legal ruling affected the net income, but adjusted EBITDA is at its record levels.
Targa Resources: Improving Ebitda And Possible Upside Potential
Targa Resources Corp. has been a top performer in the Oil and Gas Storage and Transportation industry, with a 1-Year Total Return of 55%. The company`s multiples are historically higher compared to peers which may be for a good reason. A one-off recognition of cumulative interest on a 2024 legal ruling affected the net income, but adjusted EBITDA is at its record levels.
05/02 17:20 EST - seekingalpha.com
Targa Resources Corp. (TRGP) Q1 2024 Earnings Call Transcript
Targa Resources Corp. (NYSE:TRGP ) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Sanjay Lad - VP, Finance & IR Matt Meloy - CEO Jen Kneale - CFO Scott Pryor - President, Logistics and Transportation Pat McDonie - President, Gathering and Processing Bobby Muraro - Chief Commercial Officer Conference Call Participants Michael Blum - Wells Fargo Theresa Chen - Barclays Jeremy Tonet - JPMorgan Securities John Mackay - Goldman Sachs Spiro Dounis - Citi Jacob Nivasch - Truist Securities Neel Mitra - Bank of America Keith Stanley - Wolfe Research Tristan Richardson - Scotiabank Sunil Sibal - Seaport Global Zack Van Everen - TPH & Company Operator Thank you for standing by. Welcome to the Targa Resources First Quarter 2024 Earnings Webcast and Presentation.
Targa Resources Corp. (TRGP) Q1 2024 Earnings Call Transcript
Targa Resources Corp. (NYSE:TRGP ) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Sanjay Lad - VP, Finance & IR Matt Meloy - CEO Jen Kneale - CFO Scott Pryor - President, Logistics and Transportation Pat McDonie - President, Gathering and Processing Bobby Muraro - Chief Commercial Officer Conference Call Participants Michael Blum - Wells Fargo Theresa Chen - Barclays Jeremy Tonet - JPMorgan Securities John Mackay - Goldman Sachs Spiro Dounis - Citi Jacob Nivasch - Truist Securities Neel Mitra - Bank of America Keith Stanley - Wolfe Research Tristan Richardson - Scotiabank Sunil Sibal - Seaport Global Zack Van Everen - TPH & Company Operator Thank you for standing by. Welcome to the Targa Resources First Quarter 2024 Earnings Webcast and Presentation.
05/02 06:00 EST - globenewswire.com
Targa Resources Corp. Reports First Quarter 2024 Financial Results
HOUSTON, May 02, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2024 results.
Targa Resources Corp. Reports First Quarter 2024 Financial Results
HOUSTON, May 02, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2024 results.
05/01 13:00 EST - zacks.com
What Makes Targa Resources, Inc. (TRGP) a Strong Momentum Stock: Buy Now?
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes Targa Resources, Inc. (TRGP) a Strong Momentum Stock: Buy Now?
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
04/30 12:46 EST - zacks.com
Targa Resources, Inc. (TRGP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Targa Resources, Inc. (TRGP) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
04/20 06:27 EST - investorplace.com
LNG Export Clash: JPMorgan's Top 3 Gas Stock Picks to Ride Out the Storm
Jamie Dimon, the CEO of JPMorgan Chase (NYSE: JPM ) criticized the U.S. government's delays in liquefied natural gas (LNG) projects, attributing them to political reasons intended to appease those opposed to oil and gas initiatives. In his annual shareholder letter, he expressed that halting oil and gas projects is “wrong” and “enormously naïve.
LNG Export Clash: JPMorgan's Top 3 Gas Stock Picks to Ride Out the Storm
Jamie Dimon, the CEO of JPMorgan Chase (NYSE: JPM ) criticized the U.S. government's delays in liquefied natural gas (LNG) projects, attributing them to political reasons intended to appease those opposed to oil and gas initiatives. In his annual shareholder letter, he expressed that halting oil and gas projects is “wrong” and “enormously naïve.
04/16 09:50 EST - zacks.com
5 Stocks in Focus That Just Increased Their Dividends
Investors may keep a tab on stocks like CSWI, TRGP, STZ, FUL and SKT, which have lately hiked their dividend payments.
5 Stocks in Focus That Just Increased Their Dividends
Investors may keep a tab on stocks like CSWI, TRGP, STZ, FUL and SKT, which have lately hiked their dividend payments.
04/15 10:01 EST - zacks.com
Investors' Guide to Targa Resources' (TRGP) Dividend Hike
Targa Resources' (TRGP) current dividend yield of 2.6% might not be the best going around, but it is well ahead of the S&P 500's 1.3% and is well protected with a payout ratio of 52.
Investors' Guide to Targa Resources' (TRGP) Dividend Hike
Targa Resources' (TRGP) current dividend yield of 2.6% might not be the best going around, but it is well ahead of the S&P 500's 1.3% and is well protected with a payout ratio of 52.
04/11 17:00 EST - globenewswire.com
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2024 Earnings Webcast
HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash dividend to $0.75 per common share, or $3.00 per common share on an annualized basis, for the first quarter of 2024, consistent with previously disclosed expectations. This dividend represents a 50 percent increase over the common dividend declared with respect to the first quarter of 2023. This cash dividend will be paid May 15, 2024 on all outstanding common shares to holders of record as of the close of business on April 30, 2024.
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2024 Earnings Webcast
HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash dividend to $0.75 per common share, or $3.00 per common share on an annualized basis, for the first quarter of 2024, consistent with previously disclosed expectations. This dividend represents a 50 percent increase over the common dividend declared with respect to the first quarter of 2023. This cash dividend will be paid May 15, 2024 on all outstanding common shares to holders of record as of the close of business on April 30, 2024.