TRGP:NYE-Targa Resources Inc (USD)

COMMON STOCK | Oil & Gas Midstream |

Last Closing

USD 200.36

Change

-4.34 (-2.12)%

Market Cap

USD 44.78B

Volume

2.76M

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-02-21 )

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ETFs Containing TRGP

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IQRA IndexIQ Active ETF Trust 2.49 % 0.00 %

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EHLS Even Herd Long Short ETF 1.12 % 0.00 %

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AVMC American Century ETF Trus.. 0.72 % 0.00 %

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USD 0.15B
JHMM John Hancock Multifactor .. 0.50 % 0.44 %

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USD 4.20B
CIF:CA iShares Global Infrastruc.. 0.00 % 0.72 %

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CAD 0.60B
EMLP First Trust North America.. 0.00 % 0.95 %

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FLM 0.00 % 0.70 %

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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 12.25% 88% B+ 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.25% 88% B+ 91% A-
Trailing 12 Months  
Capital Gain 106.49% 100% F 98% N/A
Dividend Return 2.32% 9% A- 38% F
Total Return 108.81% 100% F 98% N/A
Trailing 5 Years  
Capital Gain 411.91% 100% F 98% N/A
Dividend Return 17.12% 9% A- 57% F
Total Return 429.02% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 78.68% 96% N/A 96% N/A
Dividend Return 81.02% 96% N/A 96% N/A
Total Return 2.34% 20% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 72.73% 22% F 12% F
Risk Adjusted Return 111.41% 86% B+ 97% N/A
Market Capitalization 44.78B 83% B 95% 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 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.

Superior Dividend Growth

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

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

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.