Targa Resources Corp.
General ticker "TRGP" information:
- Sector: Energy
- Industry: Oil & Gas Midstream
- Capitalization: $38.1B (TTM average)
Targa Resources Corp. follows the US Stock Market performance with the rate: 15.6%.
Estimated limits based on current volatility of 1.8%: low 178.15$, high 184.80$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (quarterly): last record date 2025-10-31, amount 1.00$ (Y2.16%)
- Total employees count: 3370 as of 2024
- Top business risk factors: Commodity price volatility, Operational and conduct risks, Cybersecurity threats, Public health crises, Labor/talent shortage/retention
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [134.92$, 208.93$]
- 2025-12-31 to 2026-12-31 estimated range: [123.29$, 197.39$]
Financial Metrics affecting the TRGP estimates:
- Negative: with PPE of 30.8 at the end of fiscal year the price was high
- Positive: 7.54 < Operating profit margin, % of 17.71
- Positive: 6.63 < Operating cash flow per share per price, % of 9.37
- Positive: Industry operating cash flow per share per price (median), % of 19.95 > 10.14
- Positive: Industry inventory ratio change (median), % of 0.02 <= 0.28
- Positive: 0.07 < Industry earnings per price (median), % of 3.84
- Positive: Return on assets ratio (scaled to [-100,100]) of 6.40 > 6.04
- Positive: -14.19 < Investing cash flow per share per price, % of -7.76
Short-term TRGP quotes
Long-term TRGP plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $19,065.80MM | $15,619.20MM | $16,626.90MM |
| Operating Expenses | $17,336.80MM | $13,432.50MM | $13,683.00MM |
| Operating Income | $1,729.00MM | $2,186.70MM | $2,943.90MM |
| Non-Operating Income | $-65.80MM | $-244.20MM | $-1,005.90MM |
| Interest Expense | $446.10MM | $687.80MM | $767.20MM |
| Income(Loss) | $1,663.20MM | $1,942.50MM | $1,938.00MM |
| Taxes | $131.80MM | $363.20MM | $384.50MM |
| Profit(Loss)* | $1,195.50MM | $828.20MM | $1,269.50MM |
| Stockholders Equity | $2,665.70MM | $2,739.70MM | $2,592.40MM |
| Inventory | $393.80MM | $371.50MM | $334.30MM |
| Assets | $19,560.00MM | $20,671.80MM | $22,734.10MM |
| Operating Cash Flow | $2,380.80MM | $3,211.60MM | $3,649.70MM |
| Capital expenditure | $1,334.30MM | $2,385.40MM | $2,965.80MM |
| Investing Cash Flow | $-4,149.70MM | $-2,400.80MM | $-3,021.30MM |
| Financing Cash Flow | $1,829.40MM | $-888.10MM | $-612.80MM |
| Earnings Per Share** | $5.26 | $3.69 | $5.77 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.