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TRGP:NYE-Targa Resources Inc (USD)

COMMON STOCK | Oil & Gas Midstream |

Last Closing

USD 162.75

Change

0.00 (0.00)%

Market Cap

USD 35.66B

Volume

0.84M

Analyst Target

USD 24.47
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Company Website : https://www.targaresources.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-20 )

Largest Industry Peers for Oil & Gas Midstream

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ETFs Containing TRGP

GPOW 7.00 % 0.00 %

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 N/A
PXI Invesco DWA Energy Moment.. 6.56 % 0.60 %

N/A

 USD 0.07B
MDST Ultimus Managers Trust 5.29 % 0.00 %

N/A

 USD 0.06B
ENFR Alerian Energy Infrastruc.. 5.24 % 0.65 %

N/A

 USD 0.19B
MLPX Global X MLP & Energy Inf.. 4.75 % 0.45 %

N/A

 USD 2.01B
MORE 4.73 % 0.00 %

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 N/A
RSPG Invesco S&P 500® Equal.. 4.66 % 0.00 %

N/A

 USD 0.53B
USAI Pacer American Energy Ind.. 4.36 % 0.75 %

N/A

 USD 0.06B
MGNR American Beacon Select Fu.. 4.08 % 0.00 %

N/A

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

N/A

 USD 0.26B
QYLD:SW Global X NASDAQ 100 Cover.. 3.65 % 0.00 %

N/A

 USD 0.25B
PJFM 3.49 % 0.00 %

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 N/A
QYLD:LSE Global X NASDAQ 100 Cover.. 3.48 % 0.00 %

N/A

 USD 0.25B
QYLP:LSE Global X NASDAQ 100 Cover.. 3.47 % 0.00 %

N/A

 USD 0.25B
IQRA IndexIQ Active ETF Trust 2.49 % 0.00 %

N/A

 N/A
PDP Invesco DWA Momentum ETF 2.49 % 0.62 %

N/A

 USD 1.32B
CPAI Northern Lights Fund Trus.. 2.23 % 0.00 %

N/A

 USD 0.04B
FDVV Fidelity® High Dividend .. 1.82 % 0.30 %

N/A

 USD 3.89B
AVMV American Century ETF Trus.. 1.19 % 0.00 %

N/A

 USD 0.08B
LSAF LeaderSharesTM AlphaFacto.. 1.07 % 0.75 %

N/A

 USD 0.16B
AVMC American Century ETF Trus.. 0.67 % 0.00 %

N/A

 USD 0.12B
VBK Vanguard Small-Cap Growth.. 0.61 % 0.07 %

N/A

 USD 18.16B
JHMM John Hancock Multifactor .. 0.41 % 0.44 %

N/A

 USD 4.10B
IUSF:LSE iShares IV Public Limited.. 0.39 % 0.00 %

N/A

 USD 0.26B
IUSZ:LSE iShares Edge MSCI USA Siz.. 0.39 % 0.00 %

N/A

 USD 0.26B
EMLP First Trust North America.. 0.00 % 0.95 %

N/A

 N/A
FAD First Trust Multi Cap Gro.. 0.00 % 0.69 %

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 USD 0.22B
FLM 0.00 % 0.70 %

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 N/A
FTC First Trust Large Cap Gro.. 0.00 % 0.61 %

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 USD 1.12B
GHII 0.00 % 0.44 %

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 N/A
PMOM 0.00 % 0.29 %

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RPG Invesco S&P 500® Pure Gr.. 0.00 % 0.35 %

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 N/A
RYE 0.00 % 0.40 %

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 N/A
TPYP Tortoise North American P.. 0.00 % 0.40 %

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VB Vanguard Small-Cap Index .. 0.00 % 0.05 %

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

N/A

 USD 0.24B
DMRM 0.00 % 0.45 %

N/A

 N/A
BREA:CA Brompton Sustainable Real.. 0.00 % 0.00 %

N/A

 CAD 0.02B
CINF:CA CI Global Infrastructure .. 0.00 % 0.00 %

N/A

 CAD 0.28B
ECLN First Trust EIP Carbon Im.. 0.00 % 0.00 %

N/A

 USD 0.02B
EINC VanEck Energy Income ETF 0.00 % 0.00 %

N/A

 USD 0.06B
UMI USCF Midstream Energy Inc.. 0.00 % 0.00 %

N/A

 USD 0.32B
SMIG ETF Series Solutions - AA.. 0.00 % 0.00 %

N/A

 USD 0.63B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 87.35% 91% A- 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 87.35% 91% A- 92% A
Trailing 12 Months  
Capital Gain 87.74% 91% A- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 87.74% 91% A- 90% A-
Trailing 5 Years  
Capital Gain 305.96% 90% A- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 305.96% 90% A- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 65.94% 93% A 96% N/A
Dividend Return 68.33% 91% A- 96% N/A
Total Return 2.40% 16% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 77.43% 24% F 11% F
Risk Adjusted Return 88.25% 76% C+ 94% A
Market Capitalization 35.66B 83% B 94% A

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is 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 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.