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TRGP (Targa Resources) Cash per Share : $0.72 (As of Dec. 2024)


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What is Targa Resources Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Targa Resources's Cash per Share for the quarter that ended in Dec. 2024 was $0.72.

Targa Resources Cash per Share Historical Data

The historical data trend for Targa Resources's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Targa Resources Cash per Share Chart

Targa Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.70 0.97 0.64 0.72

Targa Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.50 0.76 0.58 0.72

Targa Resources Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Targa Resources's Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=157.3/218
=0.72

Targa Resources's Cash per Share for the quarter that ended in Dec. 2024 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=157.3/218
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Targa Resources  (NYSE:TRGP) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Targa Resources Cash per Share Related Terms

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Targa Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Corp (NYSE:TRGP) » Definitions » Cash per Share
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Traded in Other Exchanges
TRGP:Mexico 0LD9:UK TAR:Germany
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Website
https://www.targaresources.com
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.
Executives
Paul W Chung officer: EVP, Gen. Counsel & Secretary TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Lindsey Cooksen director 811 LOUISIANA STREET, SUITE 2100, HOUSTON TX 77002
D. Scott Pryor officer: See Remarks 1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002
Jennifer R. Kneale officer: Chief Financial Officer 811 LOUISIANA STREET, SUITE 2100, HOUSTON TX 77002
Davis Waters S Iv director 10200 ALLIANCE ROAD, SUITE 200, CINCINNATI OH 45242
Matthew J Meloy officer: Executive VP, CFO & Treasurer 1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
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
Joe Bob Perkins director, officer: Chief Executive Officer TARGA RESOURCES PARTNERS, LP, 1000 LOUISIANA ST., SUITE 4300, HOUSTON TX 77002
Redd Ershel C Jr director C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
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
Rene R Joyce director P.O. BOX 130430, HOUSTON TX 77219-0430
Patrick J. Mcdonie officer: See Remarks 110 W. 7TH STREET, SUITE 2300, TULSA OK 74119