TRGP:NYE-Targa Resources Inc. (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 119

Change

-1.24 (-1.03)%

Market Cap

USD 9.36B

Volume

1.09M

Analyst Target

USD 24.47
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-14 )

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ETFs Containing TRGP

GPOW 6.53 % 0.00 %

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ENFR Alerian Energy Infrastruc.. 5.45 % 0.65 %

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USD 0.15B
EINC VanEck Energy Income ETF 4.99 % 0.00 %

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USD 0.05B
RSPG Invesco S&P 500® Equal.. 4.90 % 0.00 %

N/A

USD 0.60B
MORE 4.73 % 0.00 %

N/A

N/A
MLPX Global X MLP & Energy Inf.. 4.56 % 0.45 %

N/A

USD 1.48B
USAI Pacer American Energy Ind.. 4.43 % 0.75 %

N/A

USD 0.05B
TPYP Tortoise North American P.. 4.40 % 0.40 %

N/A

USD 0.55B
PXI Invesco DWA Energy Moment.. 4.30 % 0.60 %

N/A

USD 0.07B
BREA:CA Brompton Sustainable Real.. 4.07 % 0.00 %

-0.22 (0.00%)

CAD 0.02B
ECLN First Trust EIP Carbon Im.. 3.95 % 0.00 %

N/A

USD 0.03B
MGNR American Beacon GLG Natur.. 3.78 % 0.00 %

N/A

USD 0.03B
QYLE:XETRA Global X NASDAQ 100 Cover.. 3.65 % 0.00 %

+0.06 (+0.00%)

USD 0.14B
QYLD:SW Global X NASDAQ 100 Cover.. 3.65 % 0.00 %

-0.09 (0.00%)

USD 0.14B
QYLD:LSE Global X NASDAQ 100 Cover.. 3.48 % 0.00 %

+0.20 (+0.00%)

USD 0.14B
QYLP:LSE Global X NASDAQ 100 Cover.. 3.47 % 0.00 %

+0.02 (+0.00%)

USD 0.14B
EMLP First Trust North America.. 2.74 % 0.95 %

N/A

USD 2.50B
IQRA IndexIQ Active ETF Trust 2.22 % 0.00 %

N/A

USD 5.01M
RPG Invesco S&P 500® Pure Gr.. 2.16 % 0.35 %

N/A

USD 1.60B
PDP Invesco DWA Momentum ETF 2.08 % 0.62 %

N/A

USD 1.23B
VBK Vanguard Small-Cap Growth.. 1.09 % 0.07 %

N/A

USD 16.75B
JPME JPMorgan Diversified Retu.. 0.48 % 0.24 %

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USD 0.37B
VB Vanguard Small-Cap Index .. 0.47 % 0.05 %

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USD 53.75B
FLM 0.00 % 0.70 %

N/A

N/A
GHII 0.00 % 0.44 %

N/A

N/A
PMOM 0.00 % 0.29 %

N/A

N/A
RYE 0.00 % 0.40 %

N/A

N/A
YLD Principal Active High Yie.. 0.00 % 0.65 %

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USD 0.21B
DMRM 0.00 % 0.45 %

N/A

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UMI USCF Midstream Energy Inc.. 0.00 % 0.00 %

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USD 0.26B
SMIG ETF Series Solutions - AA.. 0.00 % 0.00 %

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USD 0.46B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 36.99% 97% N/A 96% N/A
Dividend Return 1.44% 17% F 46% F
Total Return 38.43% 95% A 96% N/A
Trailing 12 Months  
Capital Gain 65.76% 93% A 96% N/A
Dividend Return 3.13% 21% F 47% F
Total Return 68.90% 91% A- 96% N/A
Trailing 5 Years  
Capital Gain 225.23% 89% A- 94% A
Dividend Return 20.99% 28% F 74% C
Total Return 246.21% 83% B 95% A
Average Annual (5 Year Horizon)  
Capital Gain 55.12% 95% A 95% A
Dividend Return 57.85% 91% A- 95% A
Total Return 2.73% 20% F 56% F
Risk Return Profile  
Volatility (Standard Deviation) 83.87% 21% F 9% A-
Risk Adjusted Return 68.97% 63% D 97% N/A
Market Capitalization 9.36B 83% B 91% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Midstream) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 24.33 13% 30%
Price/Book Ratio 9.32 9% 8%
Price / Cash Flow Ratio 8.14 23% 46%
Price/Free Cash Flow Ratio 9.70 27% 44%
Management Effectiveness  
Return on Equity 30.18% 84% 91%
Return on Invested Capital 12.41% 62% 73%
Return on Assets 7.62% 79% 86%
Debt to Equity Ratio 441.26% 16% 6%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.