NYSE:TRGP (USA) Also trade in: Germany UK

Targa Resources Corp

$ 41.25 -0.92 (-2.18%)
Volume: 2,348,395 Avg Vol (1m): 2,222,243
Market Cap $: 9.59 Bil Enterprise Value $: 18.48 Bil
P/E (TTM): 0.00 P/B: 1.68
Earnings Power Value -67.37
Net Current Asset Value -45.79
Tangible Book 16.23
Projected FCF -1.17
Median P/S Value 24.02
Graham Number 0
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
YTD (-%)

Financial Strength : 4/10

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.
Current vs industry vs history
Cash-to-Debt 0.02
Cash-To-Debt ranked lower than
59.14% of 93 companies
in the Oil & Gas Midstream industry.
Industry Max: 10000, Med: 0.04, Min: 0.01
TRGP: 0.02
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.02, Med: 0.03, Max: 0.2
Current: 0.02
0.02
0.2
Equity-to-Asset 0.33
Equity-to-Asset ranked higher than
56.07% of 107 companies
in the Oil & Gas Midstream industry.
Industry Max: 0.93, Med: 0.42, Min: -0.68
TRGP: 0.33
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.02, Med: 0.05, Max: 0.46
Current: 0.33
0.02
0.46
Debt-to-Equity 1.29
Debt-to-Equity ranked higher than
54.44% of 90 companies
in the Oil & Gas Midstream industry.
Industry Max: 47.17, Med: 0.95, Min: 0.01
TRGP: 1.29
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.69, Med: 8.59, Max: 27.73
Current: 1.29
0.69
27.73
Debt-to-EBITDA 5.82
Debt-to-EBITDA ranked lower than
81.63% of 98 companies
in the Oil & Gas Midstream industry.
Industry Max: 21.29, Med: 4.43, Min: 0.09
TRGP: 5.82
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 2.94, Med: 4.57, Max: 5.82
Current: 5.82
2.94
5.82
Interest Coverage 1.50
Interest Coverage ranked lower than
100.00% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 10000, Med: 4.51, Min: 0.3
TRGP: 1.5
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 1.06, Med: 2.23, Max: 4.32
Current: 1.5
1.06
4.32
Piotroski F-Score 4
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 1.14
DISTRESS
GREY
SAFE
Beneish M-Score -2.90
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 1.04%
WACC 7.02%

Profitability & Growth : 3/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 4.09
Operating Margin ranked lower than
91.67% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 587.6, Med: 21.95, Min: -65855.19
TRGP: 4.09
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 3.08, Med: 4.91, Max: 7.38
Current: 4.09
3.08
7.38
Net Margin % -0.58
Net Margin ranked lower than
84.26% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 168.31, Med: 10.85, Min: -37757.79
TRGP: -0.58
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -2.8, Med: 0.63, Max: 1.19
Current: -0.58
-2.8
1.19
ROE % -3.01
ROE ranked lower than
85.58% of 104 companies
in the Oil & Gas Midstream industry.
Industry Max: 53026.41, Med: 8.53, Min: -3295.45
TRGP: -3.01
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -174.62, Med: 13.73, Max: 64.22
Current: -3.01
-174.62
64.22
ROA % -0.37
ROA ranked lower than
81.42% of 113 companies
in the Oil & Gas Midstream industry.
Industry Max: 19039.05, Med: 4.17, Min: -3295.45
TRGP: -0.37
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -1.44, Med: 0.72, Max: 1.64
Current: -0.37
-1.44
1.64
ROC (Joel Greenblatt) % 3.47
ROC (Joel Greenblatt) ranked lower than
89.91% of 109 companies
in the Oil & Gas Midstream industry.
Industry Max: 329050, Med: 9.5, Min: -25437.45
TRGP: 3.47
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 2.7, Med: 8.31, Max: 13.54
Current: 3.47
2.7
13.54
3-Year Total Revenue Growth Rate 16.30
3-Year Revenue Growth Rate ranked lower than
95.92% of 98 companies
in the Oil & Gas Midstream industry.
Industry Max: 397.4, Med: -1.4, Min: -100
TRGP: -27.8
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -55, Med: -37.3, Max: 6.6
Current: -27.8
-55
6.6
3-Year Total EBITDA Growth Rate 4.10
3-Year EBITDA Growth Rate ranked lower than
94.38% of 89 companies
in the Oil & Gas Midstream industry.
Industry Max: 465.6, Med: 4, Min: -100
TRGP: -35.4
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -50.5, Med: -35.75, Max: 22.2
Current: -35.4
-50.5
22.2

» TRGP's 30-Y Financials

Financials (Next Earnings Date: 2019-08-09)

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Business Description

Industry Oil & Gas - Midstream » Oil & Gas Midstream    NAICS : 213112    SIC : 4922
Compare NYSE:EQM NYSE:ANDX NYSE:TGE TSX:IPL NYSE:ENLC NYSE:PSXP NYSE:ENBL NYSE:ETRN NYSE:BPL NYSE:MMP TSX:KEY NYSE:SHLX NAS:VNOM NYSE:AM NYSE:DCP NYSE:WES NYSE:PAGP TSX:ALA NYSE:NS NYSE:HEP
Traded in other countries TAR.Germany 0LD9.UK
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 also has over 525,000 bbl/d of fractionation capacity and operates an LPG export terminal. The entity is constructing the Grand Prix NGL pipeline, which is due to be in service in 2019.

Ratios

Current vs industry vs history
PB Ratio 1.68
PB Ratio ranked higher than
53.33% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 9493.33, Med: 1.74, Min: 0.18
TRGP: 1.68
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.62, Med: 7.28, Max: 39.5
Current: 1.68
0.62
39.5
PS Ratio 0.91
PS Ratio ranked higher than
72.38% of 105 companies
in the Oil & Gas Midstream industry.
Industry Max: 388, Med: 2.3, Min: 0.03
TRGP: 0.91
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.03, Med: 0.53, Max: 1.43
Current: 0.91
0.03
1.43
Price-to-Operating-Cash-Flow 8.59
Price-to-Operating-Cash-Flow ranked lower than
68.09% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 122.64, Med: 7.92, Min: 1.24
TRGP: 8.59
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 0.73, Med: 6.39, Max: 13.44
Current: 8.59
0.73
13.44
EV-to-EBIT 43.70
EV-to-EBIT ranked lower than
100.00% of 96 companies
in the Oil & Gas Midstream industry.
Industry Max: 142.02, Med: 18.53, Min: 2.17
TRGP: 43.7
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 11.7, Med: 24.4, Max: 64.3
Current: 43.7
11.7
64.3
EV-to-EBITDA 14.46
EV-to-EBITDA ranked lower than
86.41% of 103 companies
in the Oil & Gas Midstream industry.
Industry Max: 142.02, Med: 12.84, Min: 2.17
TRGP: 14.46
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 7.6, Med: 12.8, Max: 16.2
Current: 14.46
7.6
16.2
EV-to-Revenue 1.79
EV-to-Revenue ranked higher than
77.57% of 107 companies
in the Oil & Gas Midstream industry.
Industry Max: 1949.94, Med: 4.87, Min: 0.08
TRGP: 1.79
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.6, Med: 1.4, Max: 2.4
Current: 1.79
0.6
2.4
Current Ratio 0.58
Current Ratio ranked lower than
70.37% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 14, Med: 1, Min: 0.02
TRGP: 0.58
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.51, Med: 1.1, Max: 1.84
Current: 0.58
0.51
1.84
Quick Ratio 0.48
Quick Ratio ranked lower than
73.15% of 108 companies
in the Oil & Gas Midstream industry.
Industry Max: 14, Med: 0.93, Min: 0.02
TRGP: 0.48
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.45, Med: 0.95, Max: 1.69
Current: 0.48
0.45
1.69
Days Inventory 7.45
Days Inventory ranked higher than
68.75% of 80 companies
in the Oil & Gas Midstream industry.
Industry Max: 187.09, Med: 13.28, Min: 0.02
TRGP: 7.45
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 3.49, Med: 8.26, Max: 11.69
Current: 7.45
3.49
11.69
Days Sales Outstanding 26.60
Days Sales Outstanding ranked higher than
50.00% of 96 companies
in the Oil & Gas Midstream industry.
Industry Max: 135.52, Med: 34.27, Min: 0.35
TRGP: 26.6
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 24.03, Med: 31.82, Max: 38.08
Current: 26.6
24.03
38.08

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 8.82
Trailing Dividend Yield ranked lower than
62.93% of 116 companies
in the Oil & Gas Midstream industry.
Industry Max: 145.96, Med: 8.48, Min: 0.35
TRGP: 8.82
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.17, Med: 3.07, Max: 20.82
Current: 8.82
0.17
20.82
3-Year Dividend Growth Rate (Per Share) 2.40
3-Year Dividend Growth Rate ranked higher than
62.69% of 67 companies
in the Oil & Gas Midstream industry.
Industry Max: 101.8, Med: 7.8, Min: -100
TRGP: 2.4
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 6.6, Max: 42.2
Current: 2.4
0
42.2
Forward Dividend Yield % 8.63
Forward Dividend Yield ranked lower than
70.25% of 121 companies
in the Oil & Gas Midstream industry.
Industry Max: 200.14, Med: 8.78, Min: 0.41
TRGP: 8.63
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 15.27
Yield-on-Cost (5y) ranked higher than
86.78% of 121 companies
in the Oil & Gas Midstream industry.
Industry Max: 145.96, Med: 13.08, Min: 0.17
TRGP: 15.27
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.29, Med: 5.31, Max: 36.04
Current: 15.27
0.29
36.04
3-Year Share Buyback Rate -58.80
3-Year Share Buyback Rate ranked lower than
97.53% of 81 companies
in the Oil & Gas Midstream industry.
Industry Max: 35.2, Med: -8.9, Min: -152
TRGP: -58.8
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -123.3, Med: -61.2, Max: 0.2
Current: -58.8
-123.3
0.2

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 2.54
Price-to-Tangible-Book ranked lower than
54.26% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 9493.33, Med: 2.29, Min: 0.18
TRGP: 2.54
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 1.51, Med: 3.06, Max: 16.33
Current: 2.54
1.51
16.33
Price-to-Median-PS-Value 1.72
Price-to-Median-PS-Value ranked lower than
93.62% of 94 companies
in the Oil & Gas Midstream industry.
Industry Max: 3.67, Med: 0.94, Min: 0.07
TRGP: 1.72
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.05, Med: 0.99, Max: 2.71
Current: 1.72
0.05
2.71
Earnings Yield (Joel Greenblatt) % 2.28
Earnings Yield (Greenblatt) ranked lower than
87.39% of 111 companies
in the Oil & Gas Midstream industry.
Industry Max: 46.08, Med: 4.95, Min: -120.72
TRGP: 2.28
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 1.6, Med: 4.1, Max: 8.5
Current: 2.28
1.6
8.5
Forward Rate of Return (Yacktman) % -34.88
Forward Rate of Return ranked lower than
92.98% of 57 companies
in the Oil & Gas Midstream industry.
Industry Max: 28.88, Med: 2.64, Min: -174.01
TRGP: -34.88
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -35.1, Med: -20.5, Max: 3.9
Current: -34.88
-35.1
3.9

More Statistics

Revenue (TTM) (Mil) $ 10,327.9
EPS (TTM) $ -0.8
Beta 1.38
Volatility % 36.83
52-Week Range $ 33.55 - 59.21
Shares Outstanding (Mil) 231.79

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 4
Positive ROA N
Positive CFROA Y
Higher ROA yoy N
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy N
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy Y