Targa Resources Debt 2024

Targa Resources Aktienanalyse

What does Targa Resources do?

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 ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Targa Resources's Debt Structure

Targa Resources's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Targa Resources's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Targa Resources’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Targa Resources’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Targa Resources Stock

What is the debt of Targa Resources this year?

Targa Resources has a debt level of 12,812.2 USD this year.

What was the debt of Targa Resources compared to the previous year?

The debt of Targa Resources has increased by 13.21% compared to the previous year increased.

What are the consequences of high debt for investors in Targa Resources?

High debt can pose a risk for investors of Targa Resources, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Targa Resources?

Low debt means that Targa Resources has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Targa Resources affect the company?

An increase in debt of Targa Resources can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Targa Resources affect the company?

A reduction in debt of Targa Resources can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Targa Resources?

Some factors that can influence the debt of Targa Resources include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Targa Resources so important for investors?

The debts of Targa Resources are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Targa Resources take to change the debt?

To change the debt, Targa Resources can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Targa Resources pay?

Over the past 12 months, Targa Resources paid a dividend of 1.85 USD . This corresponds to a dividend yield of about 1.5 %. For the coming 12 months, Targa Resources is expected to pay a dividend of 1.71 USD.

What is the dividend yield of Targa Resources?

The current dividend yield of Targa Resources is 1.5 %.

When does Targa Resources pay dividends?

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

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 1.71 USD are expected. This corresponds to a dividend yield of 1.39 %.

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 5/15/2024 amounting to 0.75 USD, you needed to have the stock in your portfolio before the ex-date on 4/29/2024.

When did Targa Resources pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Targa Resources in the year 2023?

In the year 2023, Targa Resources distributed 1.4 USD as dividends.

In which currency does Targa Resources pay out the dividend?

The dividends of Targa Resources are distributed in USD.