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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.02
TRGP's Cash-to-Debt is ranked lower than
75% of the 91 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.06 vs. TRGP: 0.02 )
Ranked among companies with meaningful Cash-to-Debt only.
TRGP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.03 Max: 0.18
Current: 0.02
0.02
0.18
Equity-to-Asset 0.41
TRGP's Equity-to-Asset is ranked higher than
52% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.40 vs. TRGP: 0.41 )
Ranked among companies with meaningful Equity-to-Asset only.
TRGP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03  Med: 0.04 Max: 0.41
Current: 0.41
0.03
0.41
Interest Coverage 0.22
TRGP's Interest Coverage is ranked lower than
100% of the 100 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.78 vs. TRGP: 0.22 )
Ranked among companies with meaningful Interest Coverage only.
TRGP' s Interest Coverage Range Over the Past 10 Years
Min: 0.22  Med: 1.77 Max: 4.35
Current: 0.22
0.22
4.35
Piotroski F-Score: 3
Altman Z-Score: 1.40
Beneish M-Score: -2.58
WACC vs ROIC
13.84%
0.19%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % 0.83
TRGP's Operating Margin % is ranked lower than
84% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 17.39 vs. TRGP: 0.83 )
Ranked among companies with meaningful Operating Margin % only.
TRGP' s Operating Margin % Range Over the Past 10 Years
Min: 0.83  Med: 4.79 Max: 7.43
Current: 0.83
0.83
7.43
Net Margin % -2.80
TRGP's Net Margin % is ranked lower than
78% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.44 vs. TRGP: -2.80 )
Ranked among companies with meaningful Net Margin % only.
TRGP' s Net Margin % Range Over the Past 10 Years
Min: -2.8  Med: 0.65 Max: 1.19
Current: -2.8
-2.8
1.19
ROE % -6.14
TRGP's ROE % is ranked lower than
79% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.81 vs. TRGP: -6.14 )
Ranked among companies with meaningful ROE % only.
TRGP' s ROE % Range Over the Past 10 Years
Min: -174.62  Med: 25.22 Max: 64.22
Current: -6.14
-174.62
64.22
ROA % -1.44
TRGP's ROA % is ranked lower than
79% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.96 vs. TRGP: -1.44 )
Ranked among companies with meaningful ROA % only.
TRGP' s ROA % Range Over the Past 10 Years
Min: -1.44  Med: 0.85 Max: 1.64
Current: -1.44
-1.44
1.64
ROC (Joel Greenblatt) % 0.57
TRGP's ROC (Joel Greenblatt) % is ranked lower than
84% of the 109 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.95 vs. TRGP: 0.57 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
TRGP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.57  Med: 9.27 Max: 13.64
Current: 0.57
0.57
13.64
3-Year Revenue Growth Rate -33.90
TRGP's 3-Year Revenue Growth Rate is ranked lower than
91% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -11.40 vs. TRGP: -33.90 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
TRGP' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -38.8 Max: 6.6
Current: -33.9
0
6.6
3-Year EBITDA Growth Rate -29.80
TRGP's 3-Year EBITDA Growth Rate is ranked lower than
89% of the 75 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.00 vs. TRGP: -29.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
TRGP' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: -33.05 Max: 22.4
Current: -29.8
0
22.4
GuruFocus has detected 6 Warning Signs with Targa Resources Corp $TRGP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» TRGP's 10-Y Financials

Financials (Next Earnings Date: 2017-05-25 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

TRGP Guru Trades in Q2 2016

Caxton Associates 15,000 sh (New)
T Boone Pickens 75,840 sh (+470.83%)
Pioneer Investments 42,384 sh (+101.67%)
Steven Cohen 591,100 sh (+78.69%)
Ron Baron 72,700 sh (+22.80%)
Daniel Loeb Sold Out
Jim Simons 457,086 sh (-16.89%)
Joel Greenblatt 477,006 sh (-33.56%)
Paul Tudor Jones 14,394 sh (-51.96%)
Leon Cooperman 1,123,000 sh (-58.66%)
» More
Q3 2016

TRGP Guru Trades in Q3 2016

George Soros 15,433 sh (New)
Caxton Associates 70,000 sh (+366.67%)
Paul Tudor Jones 19,696 sh (+36.83%)
Pioneer Investments 43,383 sh (+2.36%)
Caxton Associates 300,000 sh (unchged)
Leon Cooperman Sold Out
Joel Greenblatt 472,826 sh (-0.88%)
Ron Baron 67,400 sh (-7.29%)
Jim Simons 274,486 sh (-39.95%)
T Boone Pickens 44,757 sh (-40.98%)
Steven Cohen 140,900 sh (-76.16%)
» More
Q4 2016

TRGP Guru Trades in Q4 2016

T Rowe Price Equity Income Fund 375,000 sh (New)
Steven Cohen 605,500 sh (+329.74%)
T Boone Pickens 47,382 sh (+5.87%)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
George Soros Sold Out
Joel Greenblatt 471,070 sh (-0.37%)
Pioneer Investments 40,864 sh (-5.81%)
Ron Baron 62,600 sh (-7.12%)
Caxton Associates 35,000 sh (-50.00%)
» More
Q1 2017

TRGP Guru Trades in Q1 2017

T Rowe Price Equity Income Fund Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with TRGP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream    NAICS: 213112    SIC: 4922
Compare:AMEX:CQP, AMEX:LNG, NYSE:WGP, NYSE:OKE, NYSE:BPL, NYSE:PBA, NYSE:WES, NYSE:EEP, NYSE:SEP, NYSE:MPLX, NYSE:SXL, OTCPK:IPPLF, NYSE:ENBL, NYSE:OKS, NYSE:ENLK, NYSE:EQM, NYSE:AM, NYSE:SHLX, AMEX:CQH, NYSE:DCP » details
Traded in other countries:TAR.Germany,
Headquarter Location:USA
Targa Resources Corp is engaged in gathering, compressing, treating, processing and selling natural gas. It is also engaged in storing, fractionating, treating, transporting, terminaling and selling NGLs, and NGL products.

Targa Resources Corporation is a limited partnership that owns, operates, acquires, and develops a portfolio of midstream energy assets. Services by Targa are provided primarily to natural gas and NGL market participants in the United States. The partnership's services are divided into segments of gathering and processing, and logistics and marketing. The primary role of the gathering and processing arm is to aggregate natural gas produced from various wells to processing plants. Once at the processing plants, NGLs are removed along with several contaminants. Gas leaving the processing plants is ushered to large commercial and industrial customers, as well as natural gas and electrical utilities.

Guru Investment Theses on Targa Resources Corp

Baron Funds Comments on Targa Resources Corp - Mar 16, 2017

Targa Resources Corp. (NYSE:TRGP) has a prime gathering and processing footprint in low cost oil and gas basins (specifically the Permian Basin) and the Gulf Coast. Shares of this midstream energy company rose during the fourth quarter on recovering commodity prices after OPEC signed a deal to cut production. We believe this deal will translate into better visibility, volumes, and operating leverage for Targa, allowing it to stabilize its dividend and improve its coverage ratio, and explore potential avenues for growth through better utilization and footprint expansion.



From Baron Energy and Resources Fund fourth quarter 2016 commentary.



Check out Ron Baron latest stock trades

Top Ranked Articles about Targa Resources Corp

John Linehan Sells Out Targa Resources Guru makes an estimated 15% return on his investment
John Linehan, portfolio manager of the the T. Rowe Price Equity Income Fund, sold out 375,000 shares of Targa Resources Corp. (NYSE:TRGP) during the first quarter. Read more...
Targa Resources Corp. Announces Timing of First Quarter 2017 Earnings Conference Call and Webcast
Targa Resources Corp. Announces Quarterly Dividends
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
Baron Funds Comments on Targa Resources Corp Guru stock highlight
Targa Resources Corp. (NYSE:TRGP) has a prime gathering and processing footprint in low cost oil and gas basins (specifically the Permian Basin) and the Gulf Coast. Shares of this midstream energy company rose during the fourth quarter on recovering commodity prices after OPEC signed a deal to cut production. We believe this deal will translate into better visibility, volumes, and operating leverage for Targa, allowing it to stabilize its dividend and improve its coverage ratio, and explore potential avenues for growth through better utilization and footprint expansion. Read more...
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

HOUSTON, March 14, 2017 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (:NGLS PRA) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units") for March 2017.
Targa Resources Partners LP announced today that the board of directors of its general partner has declared a monthly cash distribution of 18.75¢ per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for March 2017. This cash distribution will be paid April 17, 2017 on all outstanding Series A Preferred Units to holders of record as of the close of business on March 31, 2017. About Targa Resources Partners LP Targa Resources Partners LP is a Delaware limited partnership formed in October 2006 by its parent, Targa Resources Corp. (“TRC” or the “Company”), to own, operate, acquire and develop a diversified portfolio of complementary midstream energy assets. On February 17, 2016 TRC completed the acquisition of all outstanding common units of the Partnership. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. TRC owns, operates, acquires, and develops a diversified portfolio of complementary midstream energy assets. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters; gathering, storing, and terminaling crude oil; storing, terminaling, and selling refined petroleum products. The principal executive offices of Targa Resources Partners LP are located at 1000 Louisiana, Suite 4300, Houston, TX 77002 and their telephone number is 713-584-1000.  For more information please go to www.targaresources.com
Forward-Looking Statements
Certain statements in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future, are forward-looking statements. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Partnership’s control, which could cause results to differ materially from those expected by management of the Partnership. Such risks and uncertainties include, but are not limited to, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the timing and success of business development efforts; and other uncertainties. These and other applicable uncertainties, factors and risks are described more fully in the Partnership's filings with the Securities and Exchange Commission, including its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Partnership does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b).   Brokers and nominees should treat one hundred percent (100.0%) of Targa Resources Partners LP’s distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Targa Resources Partners LP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Investor contact:
713-584-1133

Jennifer Kneale
Vice President - Finance

Matthew Meloy
Executive Vice President and Chief Financial Officer


Read more...
Targa Resources Corp. Announces the Appointment of Robert Muraro to Executive Vice President - Commercial

HOUSTON, March 02, 2017 (GLOBE NEWSWIRE) -- On February 22, 2017, the board of directors (the “Board”) of Targa Resources Corp. (:TRGP) ("Targa" or the "Company") appointed Robert Muraro as Executive Vice President – Commercial of the Company, effective February 22, 2017.  Mr. Muraro joined Targa in August 2004 as a Director of Business Development and has since served in roles of increasing responsibility, most recently as Senior Vice President of Commercial and Business Development.
Prior to joining Targa, Mr. Muraro was with ABN Amro in their energy investment banking group.  He holds a Bachelor of Arts Degree from Rice University. About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. Targa owns, operates, acquires, and develops a diversified portfolio of complementary midstream energy assets. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters; gathering, storing, and terminaling crude oil; storing, terminaling, and selling refined petroleum products. The principal executive offices of Targa are located at 1000 Louisiana, Suite 4300, Houston, TX 77002 and their telephone number is 713-584-1000.  For more information please go to www.targaresources.com
Contact investor relations by phone at (713) 584-1133.

Jennifer Kneale
Vice President - Finance

Matthew Meloy
Executive Vice President and Chief Financial Officer

Read more...
Targa Resources Corp. Completes Permian Acquisition

HOUSTON, March 01, 2017 (GLOBE NEWSWIRE) -- Targa Resources Corp. (:TRGP) ("Targa" or the "Company") announced today that it has closed the acquisition of 100% of the membership interests of Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC.
About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. Targa owns, operates, acquires, and develops a diversified portfolio of complementary midstream energy assets. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters; gathering, storing, and terminaling crude oil; storing, terminaling, and selling refined petroleum products. The principal executive offices of Targa are located at 1000 Louisiana, Suite 4300, Houston, TX 77002 and their telephone number is 713-584-1000.  For more information please go to www.targaresources.com.
Contact investor relations by phone at (713) 584-1133.

Jennifer Kneale
Vice President - Finance

Matthew Meloy
Executive Vice President and Chief Financial Officer

Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 222.22
TRGP's Forward PE Ratio is ranked lower than
98% of the 109 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9999.00 vs. TRGP: 222.22 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 1.97
TRGP's PB Ratio is ranked higher than
56% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.18 vs. TRGP: 1.97 )
Ranked among companies with meaningful PB Ratio only.
TRGP' s PB Ratio Range Over the Past 10 Years
Min: 0.62  Med: 10.75 Max: 39.5
Current: 1.97
0.62
39.5
PS Ratio 1.23
TRGP's PS Ratio is ranked higher than
75% of the 106 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.14 vs. TRGP: 1.23 )
Ranked among companies with meaningful PS Ratio only.
TRGP' s PS Ratio Range Over the Past 10 Years
Min: 0.02  Med: 0.46 Max: 1.32
Current: 1.23
0.02
1.32
Price-to-Free-Cash-Flow 29.66
TRGP's Price-to-Free-Cash-Flow is ranked lower than
81% of the 62 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 17.48 vs. TRGP: 29.66 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
TRGP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.46  Med: 13.99 Max: 91.47
Current: 29.66
1.46
91.47
Price-to-Operating-Cash-Flow 9.42
TRGP's Price-to-Operating-Cash-Flow is ranked lower than
52% of the 94 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.86 vs. TRGP: 9.42 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
TRGP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.57  Med: 4.92 Max: 10.63
Current: 9.42
0.57
10.63
EV-to-EBIT 309.11
TRGP's EV-to-EBIT is ranked lower than
99.99% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 20.94 vs. TRGP: 309.11 )
Ranked among companies with meaningful EV-to-EBIT only.
TRGP' s EV-to-EBIT Range Over the Past 10 Years
Min: -267.1  Med: 20 Max: 1242.4
Current: 309.11
-267.1
1242.4
EV-to-EBITDA 21.16
TRGP's EV-to-EBITDA is ranked lower than
95% of the 111 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 13.97 vs. TRGP: 21.16 )
Ranked among companies with meaningful EV-to-EBITDA only.
TRGP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.2  Med: 12.5 Max: 21.2
Current: 21.16
6.2
21.2
Current Ratio 0.86
TRGP's Current Ratio is ranked lower than
68% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.05 vs. TRGP: 0.86 )
Ranked among companies with meaningful Current Ratio only.
TRGP' s Current Ratio Range Over the Past 10 Years
Min: 0.86  Med: 1.16 Max: 1.84
Current: 0.86
0.86
1.84
Quick Ratio 0.74
TRGP's Quick Ratio is ranked lower than
63% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.95 vs. TRGP: 0.74 )
Ranked among companies with meaningful Quick Ratio only.
TRGP' s Quick Ratio Range Over the Past 10 Years
Min: 0.74  Med: 0.97 Max: 1.69
Current: 0.74
0.74
1.69
Days Inventory 8.02
TRGP's Days Inventory is ranked higher than
77% of the 81 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 16.16 vs. TRGP: 8.02 )
Ranked among companies with meaningful Days Inventory only.
TRGP' s Days Inventory Range Over the Past 10 Years
Min: 3.46  Med: 7.48 Max: 10.52
Current: 8.02
3.46
10.52
Days Sales Outstanding 36.80
TRGP's Days Sales Outstanding is ranked lower than
55% of the 98 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 35.87 vs. TRGP: 36.80 )
Ranked among companies with meaningful Days Sales Outstanding only.
TRGP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.87  Med: 31.1 Max: 38.08
Current: 36.8
13.87
38.08
Days Payable 46.08
TRGP's Days Payable is ranked higher than
55% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 44.51 vs. TRGP: 46.08 )
Ranked among companies with meaningful Days Payable only.
TRGP' s Days Payable Range Over the Past 10 Years
Min: 7.78  Med: 30.57 Max: 46.08
Current: 46.08
7.78
46.08

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 6.43
TRGP's Dividend Yield % is ranked lower than
68% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.90 vs. TRGP: 6.43 )
Ranked among companies with meaningful Dividend Yield % only.
TRGP' s Dividend Yield % Range Over the Past 10 Years
Min: 0.17  Med: 2.69 Max: 20.82
Current: 6.43
0.17
20.82
3-Year Dividend Growth Rate 21.00
TRGP's 3-Year Dividend Growth Rate is ranked higher than
80% of the 61 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.70 vs. TRGP: 21.00 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
TRGP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 10.5 Max: 42.2
Current: 21
0
42.2
Forward Dividend Yield % 6.48
TRGP's Forward Dividend Yield % is ranked lower than
81% of the 110 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.47 vs. TRGP: 6.48 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 25.10
TRGP's 5-Year Yield-on-Cost % is ranked higher than
94% of the 107 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.04 vs. TRGP: 25.10 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
TRGP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.66  Med: 10.42 Max: 80.63
Current: 25.1
0.66
80.63
3-Year Average Share Buyback Ratio -62.50
TRGP's 3-Year Average Share Buyback Ratio is ranked lower than
95% of the 75 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -8.10 vs. TRGP: -62.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
TRGP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -123.3  Med: -4.85 Max: 0
Current: -62.5
-123.3
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 3.02
TRGP's Price-to-Tangible-Book is ranked lower than
57% of the 92 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.96 vs. TRGP: 3.02 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
TRGP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.93  Med: 7.86 Max: 11.01
Current: 3.02
2.93
11.01
Price-to-Intrinsic-Value-Projected-FCF 2.30
TRGP's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
60% of the 47 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.10 vs. TRGP: 2.30 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
TRGP' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 2.23  Med: 2.76 Max: 3.24
Current: 2.3
2.23
3.24
Price-to-Median-PS-Value 2.66
TRGP's Price-to-Median-PS-Value is ranked lower than
93% of the 92 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.15 vs. TRGP: 2.66 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
TRGP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.05  Med: 0.85 Max: 2.67
Current: 2.66
0.05
2.67
Earnings Yield (Greenblatt) % 0.33
TRGP's Earnings Yield (Greenblatt) % is ranked lower than
99.99% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.78 vs. TRGP: 0.33 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
TRGP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.1  Med: 4.9 Max: 8.5
Current: 0.33
0.1
8.5
Forward Rate of Return (Yacktman) % -8.62
TRGP's Forward Rate of Return (Yacktman) % is ranked lower than
67% of the 58 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -2.92 vs. TRGP: -8.62 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
TRGP' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -28.3  Med: -13.5 Max: -7.6
Current: -8.62
-28.3
-7.6

More Statistics

Revenue (TTM) (Mil) $6,691
EPS (TTM) $ -1.74
Beta2.65
Short Percentage of Float3.95%
52-Week Range $35.35 - 61.83
Shares Outstanding (Mil)195.07

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 8,141 8,818 9,502
EPS ($) 0.26 0.64 0.81
EPS without NRI ($) 0.26 0.64 0.81
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 3.65 3.80 4.03
» More Articles for TRGP

Headlines

Articles On GuruFocus.com
John Linehan Sells Out Targa Resources Apr 23 2017 
Targa Resources Corp. Announces Timing of First Quarter 2017 Earnings Conference Call and Webcast Apr 19 2017 
Targa Resources Corp. Announces Quarterly Dividends Apr 19 2017 
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units Apr 17 2017 
Baron Funds Comments on Targa Resources Corp Mar 16 2017 
Baron Energy and Resources Fund 4th Quarter Commentary Mar 16 2017 
Targa Resources Partners LP Announces Monthly Distribution on Preferred Units Mar 14 2017 
Targa Resources Corp. Announces the Appointment of Robert Muraro to Executive Vice President - Comme Mar 02 2017 
Targa Resources Corp. Completes Permian Acquisition Mar 01 2017 
Targa Resources Partners LP Announces 2016 Schedules K-1 Available Feb 22 2017 

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