Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 16.38B | 16.06B | 20.93B | 16.95B | 8.26B |
Gross Profit | 4.26B | 4.05B | 2.95B | 2.35B | 2.29B |
EBITDA | 4.14B | 3.97B | 2.83B | 1.70B | -313.10M |
Net Income | 1.28B | 1.35B | 896.80M | 422.10M | -1.32B |
Balance Sheet | |||||
Total Assets | 22.73B | 20.67B | 19.56B | 15.21B | 15.88B |
Cash, Cash Equivalents and Short-Term Investments | 157.30M | 141.70M | 219.00M | 158.50M | 242.80M |
Total Debt | 14.27B | 13.01B | 11.56B | 6.63B | 7.80B |
Total Liabilities | 18.32B | 16.06B | 14.58B | 9.28B | 9.67B |
Stockholders Equity | 2.59B | 2.74B | 2.67B | 2.76B | 2.96B |
Cash Flow | |||||
Free Cash Flow | 683.90M | 826.20M | 1.05B | 1.80B | 792.90M |
Operating Cash Flow | 3.65B | 3.21B | 2.38B | 2.30B | 1.74B |
Investing Cash Flow | -3.02B | -2.40B | -4.15B | -473.20M | -738.10M |
Financing Cash Flow | -612.80M | -888.10M | 1.83B | -1.91B | -1.09B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $52.93B | 11.97 | 32.54% | 7.17% | 5.53% | 11.29% | |
78 Outperform | $49.34B | 15.42 | 16.04% | 5.17% | 40.55% | 19.24% | |
75 Outperform | $35.34B | 29.94 | 46.37% | 2.14% | 6.05% | 11.64% | |
74 Outperform | $61.05B | 13.40 | 13.73% | 7.30% | 1.04% | 22.31% | |
69 Neutral | $14.62B | 26.22 | 10.09% | 7.60% | 3.40% | -15.90% | |
69 Neutral | $62.44B | 23.06 | 8.86% | 4.13% | 3.95% | 11.32% | |
63 Neutral | ₹700.47B | 32.92 | 13.73% | 1.90% | 18.57% | 36.35% |
On July 28, 2025, Targa Resources Partners LP and Targa Receivables LLC, subsidiaries of Targa Resources Corp., executed a Sixteenth Amendment to their Receivables Purchase Agreement, extending the termination date of their accounts receivable securitization facility to August 31, 2026. This amendment reflects the company’s ongoing efforts to manage its financial operations effectively, maintaining approximately $600 million in trade receivable purchases outstanding, and highlights its continued collaboration with financial institutions for investment banking and commercial services.
The most recent analyst rating on (TRGP) stock is a Hold with a $208.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.
On June 18, 2025, Targa Resources Corp. completed a public offering of $1.5 billion in senior notes, with $750 million due in 2030 and another $750 million due in 2036. The proceeds from this offering are intended to redeem existing notes due in 2027 and support general corporate purposes, impacting the company’s financial strategy and potentially benefiting stakeholders by improving debt management.
The most recent analyst rating on (TRGP) stock is a Hold with a $208.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.
On June 4, 2025, Targa Resources Corp. announced the pricing of a $1.5 billion offering of senior notes, consisting of $750 million of 4.900% Senior Notes due 2030 and $750 million of 5.650% Senior Notes due 2036. The proceeds from this offering are intended to redeem the 6.500% Senior Notes due 2027 and for general corporate purposes, such as repaying borrowings and funding capital expenditures. This move is expected to impact Targa’s financial strategy by refinancing existing debt and supporting its operational investments.
The most recent analyst rating on (TRGP) stock is a Buy with a $147.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.
At Targa Resources Corp.’s 2025 Annual Meeting of Stockholders held on May 20, 2025, stockholders voted on several key proposals. Four Class III Directors were re-elected to the Board for terms expiring in 2028, PricewaterhouseCoopers LLP was ratified as the company’s independent auditors for 2025, and the compensation of the company’s named executive officers for the fiscal year 2024 was approved on an advisory basis.
The most recent analyst rating on (TRGP) stock is a Hold with a $208.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.