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Targa Resources stock

TRGP
US87612G1013
A1C9E3

Price

201.72
Today +/-
+5.96
Today %
+3.11 %

Targa Resources stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Targa Resources stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Targa Resources stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Targa Resources stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Targa Resources's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Targa Resources Stock Price History

DateTarga Resources Price
2/27/2025201.72 undefined
2/26/2025195.54 undefined
2/25/2025198.57 undefined
2/24/2025194.92 undefined
2/23/2025198.47 undefined
2/20/2025200.36 undefined
2/19/2025204.70 undefined
2/18/2025210.29 undefined
2/17/2025209.45 undefined
2/13/2025205.36 undefined
2/12/2025204.42 undefined
2/11/2025200.59 undefined
2/10/2025203.17 undefined
2/9/2025205.97 undefined
2/6/2025201.42 undefined
2/5/2025198.98 undefined
2/4/2025204.44 undefined
2/3/2025199.81 undefined
2/2/2025201.73 undefined

Targa Resources Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Targa Resources, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Targa Resources from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Targa Resources’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Targa Resources. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Targa Resources’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Targa Resources’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Targa Resources’s growth potential.

Targa Resources Revenue, EBIT and net profit per share

DateTarga Resources RevenueTarga Resources EBITTarga Resources Net Income
2028e19.91 B undefined5.09 B undefined2.2 B undefined
2027e18.97 B undefined3.88 B undefined2.24 B undefined
2026e21.68 B undefined2.95 B undefined2.09 B undefined
2025e21.72 B undefined3.32 B undefined1.78 B undefined
202416.38 B undefined2.7 B undefined1.28 B undefined
202316.06 B undefined2.63 B undefined828.2 M undefined
202220.93 B undefined1.73 B undefined897 M undefined
202116.95 B undefined1.33 B undefined-16 M undefined
20208.26 B undefined1.25 B undefined-1.69 B undefined
20198.67 B undefined507 M undefined-334 M undefined
201810.48 B undefined448 M undefined-119 M undefined
20178.82 B undefined272 M undefined-63 M undefined
20166.69 B undefined269 M undefined-278 M undefined
20156.66 B undefined441 M undefined58 M undefined
20148.62 B undefined636 M undefined102 M undefined
20136.32 B undefined372 M undefined65 M undefined
20125.68 B undefined352 M undefined38 M undefined
20117 B undefined351 M undefined31 M undefined
20105.48 B undefined195 M undefined-202 M undefined
20094.54 B undefined222 M undefined0 undefined
20088 B undefined228 M undefined0 undefined
20077.3 B undefined280 M undefined0 undefined
20066.13 B undefined237 M undefined-16 M undefined
20051.83 B undefined87 M undefined-188 M undefined

Targa Resources Income Statement, Balance Sheet, Cash Flow Statement

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  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (B)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
200520062007200820092010201120122013201420152016201720182019202020212022202320242025e2026e2027e2028e
1.836.137.384.545.4875.686.328.626.666.698.8210.488.678.2616.9520.9316.0616.3821.7221.6818.9719.91
-235.3218.989.62-43.2220.5627.74-18.8111.2036.45-22.720.4831.7418.93-17.29-4.74105.2123.48-23.272.0032.60-0.22-12.484.97
10.7711.2810.589.7516.4014.2613.6717.7318.6518.2226.8226.4221.6621.4229.4438.2019.0019.3433.5234.6626.1426.2029.9328.51
0.20.690.770.780.750.780.961.011.181.571.791.771.912.252.553.163.224.055.385.680000
-0.19-0.02000-0.20.030.040.070.10.06-0.28-0.06-0.12-0.33-1.69-0.020.90.831.281.782.092.242.2
--91.49-----115.3522.5871.0556.92-43.14-579.31-77.3488.89180.67404.49-99.05-5,706.25-7.6954.4739.3317.407.12-1.78
------------------------
------------------------
4242424242424142424254154207224233232229231226218.060000
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Details

Keystats

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Revenue and Growth

The Targa Resources Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Targa Resources is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (B)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (B)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (B)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (B)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
2008200920102011201220132014201520162017201820192020202120222023
                               
36325218814676678114074137232331243159219141.7
0.30.40.470.580.520.660.570.520.680.830.870.860.861.331.411.47
000000013670000000
6939509299151169141138205165162182153394371.5
12249455343216511053101157311173126335210.4
0.860.740.750.870.730.90.880.921.011.271.421.661.461.772.362.19
2.622.552.512.823.544.354.839.79.6910.4312.9314.5912.1711.6714.2215.81
001537535650259241222491739714587131146.3
0000000000000000
00000.680.650.591.811.652.171.981.741.381.12.742.35
0000000417210257474545454545.2
1677411910710092104102694571471004478128.7
2.782.622.642.974.375.155.5712.2911.8713.1215.5217.1614.4213.4417.218.48
3.643.373.393.835.116.056.4513.2112.8714.3916.9418.8215.8815.2119.5620.67
                               
29130800000019121624627930174900.2
0.210.190.250.230.180.150.171.465.516.36.165.224.844.273.73.06
-115-86-101-70-32212627-187-77-130-340-1,894-1,822-627492
36-201-11-156-38-309493-142-2315585.6
0000000000000000
0.430.40.150.160.150.170.21.495.476.416.375.253.112.973.133.64
0.150.210.250.520.420.520.420.380.570.710.720.680.831.41.451.57
252304336798076839790107137287319411447511.3
48313414719017314418022944891252025832333654
0000000000000000
0.010.0100000.180.220.280.351.030.380.370.160.830.62
0.470.550.620.740.690.770.830.881.171.622.81.871.782.33.072.76
1.981.591.541.572.482.992.895.84.684.785.637.447.396.4310.712.33
2750112121131136138178941479525434152136328535.8
591078772596263106173541265346353411481431.9
2.061.751.731.762.673.193.096.095.795.86.428.227.896.9811.5113.3
2.532.312.362.53.353.963.916.966.967.429.2210.099.679.2814.5816.06
2.962.72.52.663.514.134.118.4512.4313.8315.5915.3512.7812.2517.7119.7
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Targa Resources provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Targa Resources's financial health and stability.

Assets

Targa Resources's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Targa Resources must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Targa Resources after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Targa Resources's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)DEPRECIATION (B)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (B)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (B)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (B)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20072008200920102011201220132014201520162017201820192020202120222023
0.10.130.080.060.220.160.20.42-0.15-0.160.10.060.04-1.330.421.531.58
0.150.160.170.170.180.20.270.350.640.760.810.820.970.870.871.11.33
231819331295-424-37-3925-87-23212125349
-75123-3-129-391-129-20104-71-175760146289-351152
-0.01-0.040.070.080.030.080.050.030.440.380.480.260.462.360.770.04-0.14
1339482899695121133214282212217287374356401618
316923330347312-10-670-143118
0.190.390.340.210.380.430.380.761.030.840.941.141.391.742.32.383.21
-118-132-99-139-331-582-1,031-762-2,391-562-1,868-3,114-2,877-951-505-1,539-2,385
-95-206-59-131-509-1,590-1,026-751-2,399-558-1,892-3,146-3,071-738-473-4,149-2,400
22-74408-177-1,008510-83-24-32-19421331-2,610-15
00000000000000000
-0.320.11-0.38-0.060.060.90.50.071.32-1.10.161.611.13-0.02-1.184.71.34
0000.230.30.480.510.410.771.571.660.69-0.01-0.27-0.05-1.23-0.43
-0.060-0.39-0.140.091.090.6301.42-0.351.022.11.78-1.09-1.911.83-0.89
0.71-0.11-0.010.14-0.23-0.23-0.29-0.350.01-0.090.060.721.63-0.41-0.49-1.26-1.37
-44500-448-38-62-87-113-679-716-854-919-964-395-187-379-427
35184-110-64-42-69-91459-66639499-88-8460-77
72.2258.4236.465.947.4-154.5-648.6-0.4-1,356.9275.3-928.8-1,970.8-1,488792.91,797.8841.3826.2
00000000000000000

Targa Resources stock margins

The Targa Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Targa Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Targa Resources.

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EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Targa Resources's sales revenue. A higher gross margin percentage indicates that the Targa Resources retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Targa Resources's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Targa Resources's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Targa Resources's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Targa Resources. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Targa Resources's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Targa Resources Margin History

Targa Resources Gross marginTarga Resources Profit marginTarga Resources EBIT marginTarga Resources Profit margin
2028e34.66 %25.58 %11.06 %
2027e34.66 %20.43 %11.81 %
2026e34.66 %13.6 %9.65 %
2025e34.66 %15.26 %8.21 %
202434.66 %16.45 %7.81 %
202333.52 %16.35 %5.16 %
202219.34 %8.26 %4.29 %
202119 %7.84 %-0.09 %
202038.2 %15.17 %-20.4 %
201929.44 %5.85 %-3.85 %
201821.42 %4.27 %-1.14 %
201721.66 %3.09 %-0.71 %
201626.42 %4.02 %-4.15 %
201526.82 %6.62 %0.87 %
201418.22 %7.38 %1.18 %
201318.65 %5.89 %1.03 %
201217.73 %6.2 %0.67 %
201113.67 %5.02 %0.44 %
201014.26 %3.56 %-3.69 %
200916.4 %4.89 %0 %
20089.75 %2.85 %0 %
200710.58 %3.84 %0 %
200611.28 %3.86 %-0.26 %
200510.77 %4.76 %-10.28 %

Targa Resources Stock Sales Revenue, EBIT, Earnings per Share

The Targa Resources earnings per share therefore indicates how much revenue Targa Resources has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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EBIT per share
Earnings per Share
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Targa Resources earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Targa Resources's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Targa Resources’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Targa Resources's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Targa Resources Revenue, EBIT and net profit per share

DateTarga Resources Sales per ShareTarga Resources EBIT per shareTarga Resources Earnings per Share
2028e91.32 undefined0 undefined10.1 undefined
2027e87 undefined0 undefined10.28 undefined
2026e99.4 undefined0 undefined9.59 undefined
2025e99.61 undefined0 undefined8.17 undefined
202475.12 undefined12.36 undefined5.87 undefined
202371.06 undefined11.62 undefined3.66 undefined
202290.61 undefined7.48 undefined3.88 undefined
202174.02 undefined5.8 undefined-0.07 undefined
202035.6 undefined5.4 undefined-7.26 undefined
201937.21 undefined2.18 undefined-1.43 undefined
201846.8 undefined2 undefined-0.53 undefined
201742.58 undefined1.31 undefined-0.3 undefined
201643.45 undefined1.75 undefined-1.81 undefined
2015123.31 undefined8.17 undefined1.07 undefined
2014205.17 undefined15.14 undefined2.43 undefined
2013150.36 undefined8.86 undefined1.55 undefined
2012135.21 undefined8.38 undefined0.9 undefined
2011170.61 undefined8.56 undefined0.76 undefined
2010130.38 undefined4.64 undefined-4.81 undefined
2009108.14 undefined5.29 undefined0 undefined
2008190.45 undefined5.43 undefined0 undefined
2007173.74 undefined6.67 undefined0 undefined
2006146.02 undefined5.64 undefined-0.38 undefined
200543.55 undefined2.07 undefined-4.48 undefined

Targa Resources business model

Targa Resources Corp is a leading natural gas and oil transportation and energy infrastructure company based in Houston, Texas. With roots dating back to 2003, the company has expanded its presence in the United States over the years through smart management and significant acquisitions. Targa Resources Corp operates as an infrastructure support partner and provider of natural gas and oil. As a transportation company, it transports natural gas and oil through pipeline systems from well sites and refineries to end-users. It is also involved in the storage and processing of natural gas and oil, ensuring a continuous and reliable energy supply to customers. The company operates in several segments, including Midstream, Upstream, and Downstream. The Midstream segment is the largest of Targa Resources Corp, specializing in the transportation of crude oil, natural gas, liquefied petroleum gas (LPG), and natural gas liquids (NGLs). By constructing pipeline systems, the company can make the transportation of crude oil and other liquids safer and more efficient. The Upstream segment focuses on the production of crude oil and NGLs. The company leverages its extensive energy sector expertise to produce high-quality raw materials from well sites and refineries. The Downstream segment specializes in the sale of refinery products such as gasoline and diesel. The company has an extensive distribution infrastructure and uses its experience in crude oil processing to produce high-quality products. Targa Resources Corp also offers various products and services to provide additional value to its customers. These include futures market settlement services, project financing opportunities, and technical support. Aligned with its goal to support environmental protection and be a responsible energy partner, Targa Resources Corp also embraces the use of renewable energy sources such as wind and solar. Overall, Targa Resources Corp has an impressive history. With a strong business model and a dedicated workforce, the company has significantly shaped the energy market in the United States. Despite the economic turbulence in recent years, Targa Resources Corp has continued its commitment to sustainability, innovation, and growth, and remains an important player in the energy market in the future. Targa Resources is one of the most popular companies on Eulerpool.com.

Targa Resources SWOT Analysis

Strengths

Targa Resources Corp benefits from having a diversified and integrated business model across the midstream energy sector. This allows the company to engage in multiple segments such as natural gas gathering and processing, crude oil gathering and storage, and refined products and NGL logistics. The diversified operations provide Targa with a competitive edge and the ability to capture opportunities in various markets.

Targa Resources Corp possesses an extensive portfolio of strategically located assets, including pipelines, storage facilities, processing plants, and export terminals. This well-connected network enables the company to efficiently transport and store energy products, ensuring reliable supply and access to key markets. The strategic assets contribute to Targa's competitive advantage and market-leading position.

Targa Resources Corp has consistently demonstrated strong financial performance over the years. The company's robust revenue growth, healthy profit margins, and solid cash flow generation reflect its ability to effectively manage operations and capitalize on market opportunities. The strong financial position provides Targa with stability and flexibility for future investments and expansion plans.

Weaknesses

Targa Resources Corp is influenced by the volatility of commodity prices, particularly in the energy sector. Fluctuations in oil and natural gas prices can significantly impact the company's revenue and profitability. As a result, Targa is exposed to the inherent risks associated with price volatility, which may affect its financial performance and investment decisions.

Targa Resources Corp operates in a highly regulated industry, subject to various federal, state, and local regulations. Compliance with environmental standards, permits, and other regulatory requirements poses risks and challenges to the company's operations. Failure to meet these obligations could result in fines, penalties, reputational damage, and additional costs for Targa.

Opportunities

Targa Resources Corp can capitalize on the increasing demand for natural gas and natural gas liquids (NGLs). As the global energy transition progresses and natural gas gains prominence as a cleaner fuel source, Targa is well-positioned to benefit from rising consumption and infrastructure requirements. By expanding its operations and optimizing its network, Targa can seize growth opportunities in these expanding markets.

The ongoing infrastructure development and expansion in the energy sector present significant opportunities for Targa Resources Corp. With the need to transport, store, and process energy products efficiently, Targa can play a vital role in supporting this infrastructure growth. By investing in new assets, expanding capacity, and forming strategic partnerships, the company can enhance its market position and capture a larger share of the growing market.

Threats

Targa Resources Corp operates in a highly competitive industry characterized by numerous participants, including major energy companies, midstream operators, and independents. The intense competition may exert pressure on Targa's market share, pricing, and profitability. To counter this threat, Targa must continually strive for operational excellence, innovation, and differentiation to retain its competitive edge.

Targa Resources Corp is exposed to geopolitical tensions, regulatory changes, and economic fluctuations that could impact its operations and financial performance. Trade disputes, political instability, changes in government policies, and economic downturns are factors that may create uncertainties and hinder Targa's growth prospects. The company must closely monitor these external factors and adapt to changing circumstances accordingly.

Targa Resources Revenue by Segment

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Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Targa Resources Revenue by Segment

Segmente20212018201420132012
Sales of Commodities-9.28 B USD---
Fees from Midstream Services-1.21 B USD---
Service-----

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Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Targa Resources Revenue by Segment

Segmente20212018201420132012
Natural Gas Liquids-----
Natural Gas-----
A component of an enterprise pertaining to gathering and processing fees-----
Other midstream services fees not included in the other categories-----
NGL transportation, fractionation and services-----
Storage, terminaling and export-----
Oil and Condensate-----
NGL-----
A component of an enterprise pertaining to petroleum products-----
Condensate and Crude Oil-----

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Targa Resources Revenue by Segment

Segmente20212018201420132012
Sales of Commodities15.6 B USD----
Fees from Midstream Services1.35 B USD----
A component of an enterprise pertaining to gathering and processing fees-698.1 M USD---
A component of an enterprise pertaining to storage, terminaling. transportation and export fees-349.9 M USD---
A component of an enterprise pertaining to fractionating and treating fees-120.7 M USD---
Other midstream services fees not included in the other categories-36.6 M USD---

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Targa Resources Revenue by Segment

Segmente20212018201420132012
Logistics and transportation16.16 B USD----
The division is also referred to as its Downstream Business. The Partnership's Downstream Business includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, terminaling, distributing and marketing of NGLs, refined petroleum products and crude oil. It also includes certain natural gas supply and marketing activities in support of the Partnership's other operations, as well as transporting natural gas and NGLs-8.9 B USD---

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Targa Resources Revenue by Segment

Segmente20212018201420132012
Assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities7.43 B USD5.62 B USD---
A component of an enterprise pertaining to Marketing---5.54 B USD5.01 B USD
A component of an enterprise pertaining to Field Gathering and Processing--1.5 B USD1.22 B USD212.2 M USD
A component of an enterprise pertaining to Coastal---338.6 M USD264.2 M USD
A component of an enterprise pertaining to Coastal Gathering and Processing--577.6 M USD--
A component of an enterprise pertaining to Logistics---180.4 M USD355.1 M USD
A component of an enterprise pertaining to Marketing and Distribution--516.8 M USD--
A component of an enterprise pertaining to Logistics Assets--392.7 M USD--
A component of an enterprise pertaining to Other Segment---21.4 M USD41.1 M USD
A component of an enterprise pertaining to TRC Non- Partnership----2.1 M USD
A component of an enterprise pertaining to Corporate----100,000 USD
Corporate and Eliminations-----
A component of an enterprise pertaining to Non-Partnership-----
Refers to an entity associated with a report----200,000 USD-
Other Segment--37.1 M USD-8 M USD--
Other-115.9 M USD----
Corporate accounts and eliminating entries in the consolidation----2.55 B USD-
Corporate non segment and intersegment elimination-6.52 B USD-3.99 B USD---
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Targa Resources Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Targa Resources historical P/E ratio, EBIT multiple, and P/S ratio

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Targa Resources shares outstanding

The number of shares was Targa Resources in 2024 — This indicates how many shares 218.063 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Targa Resources earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Targa Resources's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Targa Resources’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Targa Resources's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Targa Resources dividend history and estimates

In 2024, Targa Resources paid a dividend amounting to 2.75 USD. Dividend means that Targa Resources distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Targa Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Targa Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Targa Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Targa Resources Dividend History

DateTarga Resources Dividend
2028e2.38 undefined
2027e2.31 undefined
2026e2.28 undefined
2025e2.55 undefined
20242.75 undefined
20231.85 undefined
20221.4 undefined
20210.4 undefined
20201.21 undefined
20193.64 undefined
20183.64 undefined
20173.64 undefined
20163.64 undefined
20153.39 undefined
20143.29 undefined
20132.05 undefined
20121.52 undefined
20110.93 undefined

Targa Resources dividend payout ratio

In 2024, Targa Resources had a payout ratio of 169.28%. The payout ratio indicates the percentage of the company's profits that Targa Resources distributes as dividends.

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Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Targa Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Targa Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Targa Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Targa Resources Payout Ratio History

DateTarga Resources Payout ratio
2028e140.03 %
2027e147.34 %
2026e150.69 %
2025e122.04 %
2024169.28 %
2023160.76 %
202236.08 %
2021-571.43 %
2020-16.67 %
2019-252.78 %
2018-686.79 %
2017-1,213.33 %
2016-202.22 %
2015311.01 %
2014135.19 %
2013132.58 %
2012166.76 %
2011125.89 %
2010160.76 %
2009160.76 %
2008160.76 %
2007160.76 %
2006160.76 %
2005160.76 %
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Unfortunately, there are currently no price targets and forecasts available for Targa Resources.

Targa Resources latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
12/31/20241.95 1.44  (-26.27 %)2024 Q4
9/30/20241.59 1.75  (10.01 %)2024 Q3
6/30/20241.3 1.33  (2.66 %)2024 Q2
3/31/20241.33 1.22  (-7.97 %)2024 Q1
12/31/20231.49 1.26  (-15.84 %)2023 Q4
9/30/20231.22 0.97  (-20.6 %)2023 Q3
6/30/20231.26 1.44  (14.07 %)2023 Q2
3/31/20231.43 0.03  (-97.9 %)2023 Q1
12/31/20221.4 1.38  (-1.46 %)2022 Q4
9/30/20221.22 0.84  (-31.16 %)2022 Q3
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Eulerpool ESG Scorecard© for the Targa Resources stock

Eulerpool World ESG Rating (EESG©)

79/ 100

🌱 Environment

95

👫 Social

64

🏛️ Governance

77

Environment

Scope 1 - Direct Emissions
8,406,000
Scope 2 - Indirect emissions from purchased energy
3,296,000
Scope 3 - Indirect emissions within the value chain
32,600,000
Total CO₂ emissions
11,702,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees15
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees67
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Targa Resources shareholders

%
Name
Stocks
Change
Date
12.37316 % The Vanguard Group, Inc.26,980,918173,41712/31/2024
6.43852 % BlackRock Institutional Trust Company, N.A.14,039,846437,20912/31/2024
6.36812 % State Street Global Advisors (US)13,886,322-461,81412/31/2024
5.88293 % Wellington Management Company, LLP12,828,324-2,278,26712/31/2024
2.71965 % Geode Capital Management, L.L.C.5,930,473212,98612/31/2024
2.14837 % Harvest Fund Advisors LLC4,684,731-1,319,10512/31/2024
2.00750 % Tortoise Capital Advisors, LLC4,377,544-334,83412/31/2024
1.35926 % Neuberger Berman, LLC2,964,0003,19712/31/2024
1.34877 % Invesco Advisers, Inc.2,941,130-437,54112/31/2024
1.29775 % Norges Bank Investment Management (NBIM)2,829,873497,36612/31/2024
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Targa Resources Executives and Management Board

Mr. Matthew Meloy

(45)
Targa Resources Chief Executive Officer, Director (since 2010)
Compensation 15.2 M

Ms. Jennifer Kneale

(44)
Targa Resources General Partner, Chief Financial Officer, Treasurer
Compensation 6.13 M

Mr. Patrick Mcdonie

(62)
Targa Resources President - Gathering and Processing
Compensation 4.25 M

Mr. D. Scott Pryor

(60)
Targa Resources President - Logistics and Transportation
Compensation 4.25 M

Mr. Robert Muraro

(46)
Targa Resources Chief Commercial Officer
Compensation 4.25 M
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Targa Resources Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
ONEOK, Inc. Stock
ONEOK, Inc.
SupplierCustomer0,940,790,700,890,920,95
CSI Compressco LP Stock
CSI Compressco LP
SupplierCustomer0,860,860,260,45-0,240,38
DCP Midstream Stock
DCP Midstream
SupplierCustomer0,830,930,800,960,820,94
CSX Corporation Stock
CSX Corporation
SupplierCustomer0,730,800,29-0,290,460,82
Western Midstream Prtnrs Stock
Western Midstream Prtnrs
SupplierCustomer0,680,050,390,740,870,93
Kinder Morgan P Stock
Kinder Morgan P
SupplierCustomer0,650,120,690,920,620,84
Phillips 66 Stock
Phillips 66
SupplierCustomer0,65-0,010,160,580,630,73
EnLink Midstream Stock
EnLink Midstream
SupplierCustomer0,640,660,580,960,970,99
Suburban Propane Partners Stock
Suburban Propane Partners
SupplierCustomer0,630,490,630,810,490,36
Chevron Corporation Stock
Chevron Corporation
SupplierCustomer0,62-0,030,310,950,960,93
1
2

Most common questions regarding Targa Resources

What values and corporate philosophy does Targa Resources represent?

Targa Resources Corp represents values of integrity, commitment, and excellence. The company follows a corporate philosophy focused on sustainable growth, operational efficiency, and delivering value to shareholders. Targa Resources prioritizes safety and environmental stewardship in its operations, promoting a culture of responsible business practices. With a strong emphasis on customer service, the company strives to meet the evolving energy needs of its customers while maintaining strong relationships. Targa Resources Corp is committed to operational excellence, financial strength, and long-term success, making it a reputable and reliable player in the energy infrastructure industry.

In which countries and regions is Targa Resources primarily present?

Targa Resources Corp is primarily present in the United States, with a strong presence in key resource-rich regions such as the Permian Basin, Eagle Ford Shale, and Bakken Shale. The company strategically operates and serves customers across various states, including Texas, Oklahoma, Louisiana, and North Dakota. With its extensive pipeline infrastructure and storage facilities, Targa Resources has established itself as a leading midstream energy company in the U.S., connecting producers and consumers of natural gas and petroleum products.

What significant milestones has the company Targa Resources achieved?

Targa Resources Corp has achieved several significant milestones over the years. One notable accomplishment is its successful expansion of pipeline networks and infrastructure. By investing in the development of gathering systems and storage facilities, Targa Resources Corp has enhanced its ability to transport and store energy resources efficiently. Additionally, the company has made strategic acquisitions, enabling it to broaden its footprint and diversify its operations. Targa Resources Corp also consistently focuses on maintaining strong relationships with customers, prioritizing safety and reliability in its services. With these achievements, Targa Resources Corp has demonstrated its commitment to growth and innovation in the energy industry.

What is the history and background of the company Targa Resources?

Targa Resources Corp, founded in 2005, is a leading provider of midstream energy services in North America. With headquarters in Houston, Texas, Targa operates across multiple regions, including the Permian Basin, Gulf Coast, and Bakken Shale. The company focuses on the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs). Targa has built an extensive network of pipelines, storage facilities, and processing plants to support the energy industry's needs. With a commitment to safety, environmental responsibility, and customer satisfaction, Targa Resources Corp has become a trusted partner for producers and consumers in the energy sector.

Who are the main competitors of Targa Resources in the market?

The main competitors of Targa Resources Corp in the market include Enterprise Products Partners LP, Kinder Morgan Inc, and Energy Transfer LP.

In which industries is Targa Resources primarily active?

Targa Resources Corp is primarily active in the energy and petroleum industries.

What is the business model of Targa Resources?

Targa Resources Corp is engaged in the business of gathering, storing, and transporting energy commodities. The company operates in two segments: Gathering and Processing, and Logistics and Marketing. In the Gathering and Processing segment, Targa gathers, compresses, treats, processes, and sells natural gas. They also gather crude oil for third-party pipelines and process natural gas liquids (NGLs). The Logistics and Marketing segment includes terminaling, transporting, gathering, and storing crude oil and petroleum products. Additionally, Targa markets the natural gas, NGLs, and crude oil produced by its various assets. Targa Resources Corp's business model revolves around providing efficient and reliable energy infrastructure solutions.

What is the P/E ratio of Targa Resources 2025?

The Targa Resources P/E ratio is 24.68.

What is the P/S ratio of Targa Resources 2025?

The Targa Resources P/S ratio is 2.03.

What is the Quality Investing of Targa Resources?

The Quality Investing for Targa Resources is 6/10.

What is the revenue of Targa Resources 2025?

The expected Targa Resources revenue is 21.72 B USD.

How high is the profit of Targa Resources 2025?

The expected Targa Resources profit is 1.78 B USD.

What is the business model of Targa Resources

Targa Resources Corp is a leading company in the energy industry specializing in the exploration, production, transportation, and processing of natural gas, petroleum, and liquified natural gases (LNG). The company's business model includes upstream, midstream, and downstream operations. In the upstream segment, Targa Resources Corp is involved in the exploration and production of natural gas and petroleum. In the midstream segment, the company provides transportation and storage services through its extensive pipeline network. Targa Resources Corp also specializes in the processing, refining, and marketing of NGLs in the downstream segment. Additionally, the company offers direct production and sales services, including specialized brokerage services and customized processing and transportation solutions. Targa Resources Corp prioritizes environmentally-friendly and sustainable business practices, investing in advanced technologies to optimize production, reduce emissions, and minimize environmental impact. Overall, Targa Resources Corp is a well-known company in the energy industry offering a wide range of services and products with a focus on innovation, customization, and responsible resource utilization.

What is the Targa Resources dividend?

Targa Resources pays a dividend of 1.4 USD distributed over payouts per year.

How often does Targa Resources pay dividends?

The dividend cannot currently be calculated for Targa Resources or the company does not pay out a dividend.

What is the Targa Resources ISIN?

The ISIN of Targa Resources is US87612G1013.

What is the Targa Resources WKN?

The WKN of Targa Resources is A1C9E3.

What is the Targa Resources ticker?

The ticker of Targa Resources is TRGP.

How much dividend does Targa Resources pay?

Over the past 12 months, Targa Resources paid a dividend of 2.75 USD . This corresponds to a dividend yield of about 1.36 %. For the coming 12 months, Targa Resources is expected to pay a dividend of 2.28 USD.

What is the dividend yield of Targa Resources?

The current dividend yield of Targa Resources is 1.36 %.

When does Targa Resources pay dividends?

Targa Resources pays a quarterly dividend. This is distributed in the months of May, August, November, February.

How secure is the dividend of Targa Resources?

Targa Resources paid dividends every year for the past 18 years.

What is the dividend of Targa Resources?

For the upcoming 12 months, dividends amounting to 2.28 USD are expected. This corresponds to a dividend yield of 1.13 %.

In which sector is Targa Resources located?

Targa Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Targa Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Targa Resources from 2/14/2025 amounting to 0.75 USD, you needed to have the stock in your portfolio before the ex-date on 1/31/2025.

When did Targa Resources pay the last dividend?

The last dividend was paid out on 2/14/2025.

What was the dividend of Targa Resources in the year 2024?

In the year 2024, Targa Resources distributed 1.85 USD as dividends.

In which currency does Targa Resources pay out the dividend?

The dividends of Targa Resources are distributed in USD.

All fundamentals about Targa Resources

Our stock analysis for Targa Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Targa Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.