TARGA RESOURCES INC

NYSE: TRGP (Targa Resources, Inc.)

Last update: 13 Oct, 10:07PM

165.76

3.24 (1.99%)

Previous Close 162.52
Open 162.92
Volume 2,264,449
Avg. Volume (3M) 1,737,084
Market Cap 36,314,697,728
Price / Earnings (TTM) 34.82
Price / Earnings (Forward) 20.12
Price / Sales 2.18
Price / Book 14.04
52 Weeks Range
81.03 (-51%) — 166.07 (0%)
Earnings Date 5 Nov 2024
TTM Dividend Yield 1.51%
Profit Margin 6.72%
Operating Margin (TTM) 17.61%
Diluted EPS (TTM) 4.76
Quarterly Revenue Growth (YOY) 4.70%
Quarterly Earnings Growth (YOY) -9.40%
Total Debt/Equity (MRQ) 313.79%
Current Ratio (MRQ) 0.650
Operating Cash Flow (TTM) 3.15 B
Levered Free Cash Flow (TTM) 155.08 M
Return on Assets (TTM) 7.39%
Return on Equity (TTM) 29.88%

Market Trend

Short Term Medium Term
Industry Oil & Gas Midstream (US) Bullish Bullish
Oil & Gas Midstream (Global) Bullish Bullish
Stock Targa Resources, Inc. Bullish Bullish

Stockmoo Score

0.6
Analyst Consensus 1.5
Insider Activity NA
Price Volatility -3.0
Technical Moving Averages 0.0
Technical Oscillators 4.0
Average 0.63

Similar Stocks

Stock Market Cap DY P/E P/B
TRGP 36 B 1.51% 34.82 14.04
WMB 64 B 3.58% 22.57 5.07
OKE 57 B 4.03% 21.55 3.37
STNG 4 B 2.19% 5.54 1.16
PBA 21 B 4.02% 16.33 2.28
ENB 91 B 6.35% 22.14 2.08

Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.

Sector Energy
Industry Oil & Gas Midstream
Investment Style Mid Core
% Held by Insiders 1.45%
% Held by Institutions 92.48%
52 Weeks Range
81.03 (-51%) — 166.07 (0%)
Price Target Range
141.00 (-14%) — 182.00 (9%)
High 182.00 (B of A Securities, 9.80%) Buy
Median 171.00 (3.16%)
Low 141.00 (Seaport Global, -14.94%) Buy
Average 165.80 (0.02%)
Total 5 Buy
Avg. Price @ Call 154.55
Firm Date Target Price Call Price @ Call
B of A Securities 17 Oct 2024 182.00 (9.80%) Buy 161.92
RBC Capital 16 Oct 2024 172.00 (3.76%) Buy 162.63
13 Aug 2024 153.00 (-7.70%) Buy 136.60
Barclays 15 Oct 2024 171.00 (3.16%) Buy 161.87
Goldman Sachs 19 Sep 2024 163.00 (-1.67%) Buy 152.21
02 Aug 2024 147.00 (-11.32%) Buy 130.58
Seaport Global 30 Jul 2024 141.00 (-14.94%) Buy 134.14

No data within this time range.

TTM Dividend Yield 1.51%
5Y Average Dividend Yield 3.66%
Payout Ratio 47.37%
Expected Next Dividend Payment Feb 2025
Ex Date Announcement Date Payment Date Details
31 Oct 2024 10 Oct 2024 15 Nov 2024 0.75 Cash
31 Jul 2024 11 Jul 2024 15 Aug 2024 0.75 Cash
29 Apr 2024 11 Apr 2024 15 May 2024 0.75 Cash
30 Jan 2024 18 Jan 2024 15 Feb 2024 0.5 Cash
30 Oct 2023 12 Oct 2023 15 Nov 2023 0.5 Cash
28 Jul 2023 13 Jul 2023 15 Aug 2023 0.5 Cash
27 Apr 2023 13 Apr 2023 15 May 2023 0.5 Cash
30 Jan 2023 19 Jan 2023 15 Feb 2023 0.35 Cash
28 Oct 2022 13 Oct 2022 15 Nov 2022 0.35 Cash
28 Jul 2022 14 Jul 2022 15 Aug 2022 0.35 Cash
28 Apr 2022 14 Apr 2022 16 May 2022 0.35 Cash
28 Jan 2022 20 Jan 2022 15 Feb 2022 0.35 Cash
28 Oct 2021 14 Oct 2021 15 Nov 2021 0.1 Cash
29 Jul 2021 15 Jul 2021 16 Aug 2021 0.1 Cash
29 Apr 2021 15 Apr 2021 14 May 2021 0.1 Cash
29 Jan 2021 20 Jan 2021 16 Feb 2021 0.1 Cash
29 Oct 2020 15 Oct 2020 16 Nov 2020 0.1 Cash
30 Jul 2020 16 Jul 2020 17 Aug 2020 0.1 Cash
30 Apr 2020 16 Apr 2020 15 May 2020 0.1 Cash
30 Jan 2020 17 Jan 2020 18 Feb 2020 0.91 Cash
31 Oct 2019 17 Oct 2019 15 Nov 2019 0.91 Cash
30 Jul 2019 18 Jul 2019 15 Aug 2019 0.91 Cash
30 Apr 2019 18 Apr 2019 15 May 2019 0.91 Cash
30 Jan 2019 18 Jan 2019 15 Feb 2019 0.91 Cash
30 Oct 2018 18 Oct 2018 15 Nov 2018 0.91 Cash
31 Jul 2018 19 Jul 2018 15 Aug 2018 0.91 Cash
30 Apr 2018 18 Apr 2018 15 May 2018 0.91 Cash
31 Jan 2018 18 Jan 2018 15 Feb 2018 0.91 Cash
31 Oct 2017 18 Oct 2017 15 Nov 2017 0.91 Cash
28 Jul 2017 19 Jul 2017 15 Aug 2017 0.91 Cash
28 Apr 2017 19 Apr 2017 16 May 2017 0.91 Cash
30 Jan 2017 19 Jan 2017 15 Feb 2017 0.91 Cash
31 Oct 2016 19 Oct 2016 15 Nov 2016 0.91 Cash
29 Jul 2016 19 Jul 2016 15 Aug 2016 0.91 Cash
29 Apr 2016 20 Apr 2016 16 May 2016 0.91 Cash
29 Jan 2016 19 Jan 2016 09 Feb 2016 0.91 Cash
29 Oct 2015 20 Oct 2015 16 Nov 2015 0.91 Cash
30 Jul 2015 21 Jul 2015 17 Aug 2015 0.875 Cash
30 Apr 2015 21 Apr 2015 18 May 2015 0.83 Cash
29 Jan 2015 21 Jan 2015 17 Feb 2015 0.775 Cash
30 Oct 2014 23 Oct 2014 17 Nov 2014 0.7325 Cash
24 Jul 2014 15 Jul 2014 15 Aug 2014 0.69 Cash
24 Apr 2014 15 Apr 2014 16 May 2014 0.6475 Cash
23 Jan 2014 14 Jan 2014 18 Feb 2014 0.6075 Cash
29 Oct 2013 21 Oct 2013 15 Nov 2013 0.57 Cash
25 Jul 2013 16 Jul 2013 15 Aug 2013 0.5325 Cash
25 Apr 2013 16 Apr 2013 16 May 2013 0.495 Cash
24 Jan 2013 15 Jan 2013 15 Feb 2013 0.4575 Cash
18 Oct 2012 11 Oct 2012 15 Nov 2012 0.4225 Cash
19 Jul 2012 11 Jul 2012 15 Aug 2012 0.39375 Cash
19 Apr 2012 11 Apr 2012 16 May 2012 0.365 Cash
19 Jan 2012 12 Jan 2012 15 Feb 2012 0.33625 Cash
19 Oct 2011 11 Oct 2011 15 Nov 2011 0.3075 Cash
19 Jul 2011 11 Jul 2011 16 Aug 2011 0.29 Cash
19 Apr 2011 11 Apr 2011 17 May 2011 0.2725 Cash
01 Feb 2011 21 Jan 2011 21 Feb 2011 0.0616 Cash
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Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2024 2.75 4 1.66
2023 1.85 4 2.13
2022 1.40 4 1.91
2021 0.400 4 0.77
2020 1.21 4 4.59
2019 3.64 4 8.92
2018 3.64 4 10.11
2017 3.64 4 7.52
2016 3.64 4 6.49
2015 3.39 4 12.53
2014 2.68 4 2.53
2013 2.06 4 2.33
2012 1.52 4 2.87
2011 0.932 4 2.29
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The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

Portfolio

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Disclaimer: The above is for illustrative purposes only and is NOT investment advice. Seek advice from a qualified financial professional.

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