GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Corp (NYSE:TRGP) » Definitions » 3-Year Revenue Growth Rate

Targa Resources (Targa Resources) 3-Year Revenue Growth Rate : 25.90% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Targa Resources 3-Year Revenue Growth Rate?

Targa Resources's Revenue per Share for the three months ended in Dec. 2023 was $18.88.

During the past 12 months, Targa Resources's average Revenue per Share Growth Rate was -21.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 25.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 17.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Targa Resources was 34.40% per year. The lowest was -43.70% per year. And the median was -3.70% per year.


Competitive Comparison of Targa Resources's 3-Year Revenue Growth Rate

For the Oil & Gas Midstream subindustry, Targa Resources's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Targa Resources's 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Targa Resources's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Targa Resources's 3-Year Revenue Growth Rate falls into.



Targa Resources 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


Targa Resources  (NYSE:TRGP) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Targa Resources 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Targa Resources's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Targa Resources (Targa Resources) Business Description

Industry
Traded in Other Exchanges
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
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 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.
Executives
Robert Muraro officer: See Remarks 1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002
Julie H. Boushka officer: Senior VP and CAO 811 LOUISIANA, SUITE 2100, HOUSTON TX 77002
G Clark White officer: EVP - Engineering & Operations 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Regina Gregory officer: See Remarks 2013 CITYWEST BLVD, BUILDING 4 SUITE 800, HOUSTON TX 77042
D. Scott Pryor officer: See Remarks 1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002
Paul W Chung officer: EVP, Gen. Counsel & Secretary TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Lindsey Cooksen director 811 LOUISIANA STREET, SUITE 2100, HOUSTON TX 77002
Rene R Joyce director P.O. BOX 130430, HOUSTON TX 77219-0430
Jennifer R. Kneale officer: Chief Financial Officer 811 LOUISIANA STREET, SUITE 2100, HOUSTON TX 77002
Joe Bob Perkins director, officer: Chief Executive Officer TARGA RESOURCES PARTNERS, LP, 1000 LOUISIANA ST., SUITE 4300, HOUSTON TX 77002
Patrick J. Mcdonie officer: See Remarks 110 W. 7TH STREET, SUITE 2300, TULSA OK 74119
Davis Waters S Iv director 10200 ALLIANCE ROAD, SUITE 200, CINCINNATI OH 45242
Redd Ershel C Jr director C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Chris Tong director 600 E LAS COLINAS # 1100, IRVING TX 75019

Targa Resources (Targa Resources) Headlines

From GuruFocus

Q4 2021 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Targa Resources Corp's Dividend Analysis

By GuruFocus Research 10-30-2023

Q2 2023 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2019 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Targa Resources Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024