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Targa Resources (TRGP)
NYSE:TRGP
TRGP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$110.09 - $218.51
Previous CloseN/A
Volume271.93K
Average Volume (3M)1.83M
Market Cap
$44.70B
Enterprise Value$54.74B
Total Cash (Recent Filing)$157.30M
Total Debt (Recent Filing)$14.27B
Price to Earnings (P/E)34.4
Beta0.88
Next Earnings
May 01, 2025EPS Estimate
1.95Last Dividend Ex-Date
Jan 31, 2025Dividend Yield1.52%
Share Statistics
EPS (TTM)5.75
Shares Outstanding218,106,770
10 Day Avg. Volume1,705,870
30 Day Avg. Volume1,826,050
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)N/A
Price to Sales (P/S)2.63
Price to Cash Flow (P/CF)8.10
P/FCF Ratio17.90
Enterprise Value/Market Cap1.22
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit12.86
Enterprise Value/Ebitda13.27
Forecast
1Y Price Target
$225.08Price Target Upside9.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
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Targa Resources News
PremiumCompany Announcements
Targa Resources Announces $2 Billion Senior Notes Offering
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Bulls Say, Bears Say
Bulls Say
Dividend IncreaseTRGP repurchased $168 million of equity and will raise its dividend per share to $4.00 in FY25, indicating strong capital returns.
Growth OutlookTRGP has benefited from another stretch of outperformance, following strong signaling its medium-term growth outlook is tracking better than expected.
New ProjectsTarga announced 3 new growth projects, including expansions in the Delaware Basin and LPG export capacity.
Bears Say
EBITDA GuidanceThe adjusted EBITDA guidance for Targa Resources Corp. is below the consensus expectation.
Free Cash FlowFree cash flow after dividends was negative for both the quarter and the year due to higher capital expenditures.
Leverage IncreaseRepurchase of Badlands preferred equity is expected to increase leverage to 3.3x.
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Ownership Overview
1.51% Insiders
29.83% Mutual Funds
19.47% Other Institutional Investors
20.31% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TRGP FAQ
What was Targa Resources’s price range in the past 12 months?
Targa Resources lowest stock price was $110.09 and its highest was $218.51 in the past 12 months.
What is Targa Resources’s market cap?
Targa Resources’s market cap is $44.70B.
When is Targa Resources’s upcoming earnings report date?
Targa Resources’s upcoming earnings report date is May 01, 2025 which is in 37 days.
How were Targa Resources’s earnings last quarter?
Targa Resources released its earnings results on Feb 20, 2025. The company reported $1.455 earnings per share for the quarter, missing the consensus estimate of $1.923 by -$0.468.
Is Targa Resources overvalued?
According to Wall Street analysts Targa Resources’s price is currently Undervalued.
Does Targa Resources pay dividends?
Targa Resources pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 1.52%. See more information on Targa Resources dividends here
What is Targa Resources’s EPS estimate?
Targa Resources’s EPS estimate is 1.95.
How many shares outstanding does Targa Resources have?
Targa Resources has 218,106,770 shares outstanding.
What happened to Targa Resources’s price movement after its last earnings report?
Targa Resources reported an EPS of $1.455 in its last earnings report, missing expectations of $1.923. Following the earnings report the stock price went down -2.658%.
Which hedge fund is a major shareholder of Targa Resources?
Currently, no hedge funds are holding shares in TRGP
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Targa Resources Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$225.08 (9.82% Upside)
$225.08 (9.82% Upside)
Blogger Sentiment
Bullish
TRGP Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $24.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 8.3%
Last 30 Days ▼ 8.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
88.59%
12-Months-Change
Fundamentals
Return on Equity
47.62%
Trailing 12-Months
Asset Growth
8.72%
Trailing 12-Months
Company Description
Targa Resources
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it 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. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
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TRGP Company Deck
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TRGP Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong positive sentiment with record-breaking financial results and significant growth in key operational areas. The announcement of new projects and increased shareholder returns further emphasized the company's positive outlook. However, there were some challenges related to commodity prices and weather impacts that were noted.Read More>---
TRGP Revenue Breakdown
83.08% Logistics and Transportation
15.21% Gathering and Processing
1.72% Other
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TRGP Stock 12 Month Forecast
Average Price Target
$225.08
▲(9.82% Upside)
Technical Analysis
Best Analysts Covering TRGP
1 Year
1 Year Success Rate
20/20 ratings generated profit
1 Year Average Return
+48.88%
reiterated a buy rating 9 days ago
Copying Robert Kad's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +48.88% per trade.
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