Market open
Targa Resources/$TRGP
14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX
About Targa Resources
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
Ticker
$TRGP
Sector
Trading on
NYSE
Industry
Oil, Gas & Consumable Fuels
Headquarters
Employees
3,182
Website
Targa Resources Metrics
BasicAdvanced
$41B
Market cap
33.82
P/E ratio
$5.51
EPS
2.24
Beta
$2.75
Dividend rate
1.61%
Dividend yield
Price and volume
Market cap
$41B
Beta
2.24
52-week high
$206.53
52-week low
$81.03
Average daily volume
1.7M
Dividend rate
$2.75
Financial strength
Current ratio
0.772
Quick ratio
0.544
Long term debt to equity
306.881
Total debt to equity
321.534
Dividend payout ratio (TTM)
44.67%
Interest coverage (TTM)
3.43%
Management effectiveness
Return on assets (TTM)
7.81%
Return on equity (TTM)
33.89%
Valuation
Price to earnings (TTM)
33.822
Price to revenue (TTM)
2.544
Price to book
15.8
Price to tangible book (TTM)
80.82
Price to free cash flow (TTM)
128.67
Dividend yield (TTM)
1.48%
Forward dividend yield
1.61%
Growth
Revenue change (TTM)
-0.98%
Earnings per share change (TTM)
44.21%
3-year revenue growth (CAGR)
4.82%
3-year earnings per share growth (CAGR)
58.83%
3-year dividend per share growth (CAGR)
90.15%
What the Analysts think about Targa Resources
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Targa Resources stock.
Targa Resources Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Targa Resources Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Targa Resources News
AllArticlesVideos
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
FAQs
What’s the current market cap for Targa Resources stock?
Targa Resources (TRGP) has a market cap of $41B as of December 12, 2024.
What is the P/E ratio for Targa Resources stock?
The price to earnings (P/E) ratio for Targa Resources (TRGP) stock is 33.82 as of December 12, 2024.
Does Targa Resources stock pay dividends?
Yes, the Targa Resources (TRGP) stock pays dividends to shareholders. As of December 12, 2024, the dividend rate is $2.75 and the yield is 1.61%. Targa Resources has a payout ratio of 44.67% on a trailing twelve-month basis.
When is the next Targa Resources dividend payment date?
The next Targa Resources (TRGP) dividend payment date is unconfirmed.
What is the beta indicator for Targa Resources?
Targa Resources (TRGP) has a beta rating of 2.24. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.