Business Description
Targa Resources Corp
NAICS : 213112
SIC : 4922
ISIN : US87612G1013
Description
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.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.01 | |||||
| Equity-to-Asset | 0.14 | |||||
| Debt-to-Equity | 4.65 | |||||
| Debt-to-EBITDA | 3.34 | |||||
| Interest Coverage | 4.07 | |||||
| Piotroski F-Score | 7/9 | |||||
| Altman Z-Score | 2.07 | |||||
| Beneish M-Score | -3.27 | |||||
| WACC vs ROIC | ||||||
Growth Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 34.4 | |||||
| 3-Year EBITDA Growth Rate | 36.7 | |||||
| 3-Year Book Growth Rate | -17.7 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 6.69 | |||||
| Future 3-5Y Total Revenue Growth Rate | -0.84 |
Momentum Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 46.33 | |||||
| 9-Day RSI | 47.08 | |||||
| 14-Day RSI | 49.51 | |||||
| 6-1 Month Momentum % | 22.73 | |||||
| 12-1 Month Momentum % | 27.88 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.74 | |||||
| Quick Ratio | 0.61 | |||||
| Cash Ratio | 0.07 | |||||
| Days Inventory | 8.01 | |||||
| Days Sales Outstanding | 26.87 | |||||
| Days Payable | 39.57 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 2.01 | |||||
| Dividend Payout Ratio | 0.42 | |||||
| 3-Year Dividend Growth Rate | -27.3 | |||||
| Forward Dividend Yield % | 2.37 | |||||
| 5-Year Yield-on-Cost % | 0.34 | |||||
| 3-Year Average Share Buyback Ratio | 1 | |||||
| Shareholder Yield % | -22.82 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 21.56 | |||||
| Operating Margin % | 13.83 | |||||
| Net Margin % | 7.5 | |||||
| ROE % | 54.16 | |||||
| ROA % | 7.21 | |||||
| ROIC % | 12.41 | |||||
| ROC (Joel Greenblatt) % | 17.75 | |||||
| ROCE % | 15.67 | |||||
| Years of Profitability over Past 10-Year | 7 |
GF Value Rank
1/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 22.83 | |||||
| Forward PE Ratio | 12.35 | |||||
| PE Ratio without NRI | 22.83 | |||||
| Price-to-Owner-Earnings | 17.81 | |||||
| PS Ratio | 1.08 | |||||
| PB Ratio | 7.05 | |||||
| Price-to-Tangible-Book | 143.12 | |||||
| Price-to-Free-Cash-Flow | 22.57 | |||||
| Price-to-Operating-Cash-Flow | 6.78 | |||||
| EV-to-EBIT | 12.56 | |||||
| EV-to-Forward-EBIT | 11.8 | |||||
| EV-to-EBITDA | 8.27 | |||||
| EV-to-Forward-EBITDA | 8.11 | |||||
| EV-to-Revenue | 1.73 | |||||
| EV-to-Forward-Revenue | 1.5 | |||||
| EV-to-FCF | 36.08 | |||||
| Price-to-Projected-FCF | 6.11 | |||||
| Price-to-Median-PS-Value | 1.34 | |||||
| Price-to-Peter-Lynch-Fair-Value | 1.04 | |||||
| Price-to-Graham-Number | 12.05 | |||||
| Earnings Yield (Greenblatt) % | 7.96 | |||||
| Forward Rate of Return (Yacktman) % | 21.01 |
Balance Sheet Breakdown
No Enough Data
Cashflow Statement Breakdown
No Enough Data
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsGurus Latest Trades with NYSE:TRGP
No Available Data
Peter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Targa Resources Corp Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 17,839.1 | ||
| EPS (TTM) ($) | 3.69 | ||
| Beta | 1.33 | ||
| Volatility % | 27.58 | ||
| 14-Day RSI | 49.51 | ||
| 14-Day ATR ($) | 1.647009 | ||
| 20-Day SMA ($) | 85.458 | ||
| 12-1 Month Momentum % | 27.88 | ||
| 52-Week Range ($) | 57.23 - 87.86 | ||
| Shares Outstanding (Mil) | 223.71 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Targa Resources Corp Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Targa Resources Corp Stock Events
| Event | Date | Price($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Targa Resources Corp Frequently Asked Questions
What is Targa Resources Corp(TRGP)'s stock price today?
The current price of TRGP is $84.44. The 52 week high of TRGP is $87.86 and 52 week low is $57.23.
When is next earnings date of Targa Resources Corp(TRGP)?
The next earnings date of Targa Resources Corp(TRGP) is 2023-11-03 Est..
Does Targa Resources Corp(TRGP) pay dividends? If so, how much?
The Dividend Yield %  of Targa Resources Corp(TRGP) is 2.01% (As of Today), Highest Dividend Payout Ratio of Targa Resources Corp(TRGP) was 3.11. The lowest was 0.36. And the median was 1.21. The  Forward Dividend Yield % of Targa Resources Corp(TRGP) is 2.37%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers