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NYSE: TRGP
Targa Resources Corp Stock

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$72.00-3.19 (-4.24%)
Updated Dec 5, 2022
TRGP Price
$72.00
Fair Value Price
N/A
Market Cap
$16.30B
52 Week Low
$47.57
52 Week High
$81.50
P/E
66.67x
P/B
6.84x
P/S
0.63x
PEG
0.75x
Dividend Yield
1.94%
Revenue
$21.82B
Earnings
$563.90M
Gross Margin
13%
Operating Margin
4.96%
Profit Margin
1.1%
Debt to Equity
6.15
Operating Cash Flow
$2B
Beta
1.4
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

TRGP Overview

Targa Resources Corporation, together with Targa Resources Partners LP, owns and operates midstream energy assets in North America. Through 28,400 miles of natural gas pipelines, the company gathers, compresses, treats, processes, transports, and sells natural gas and natural gas liquids (NGL) and NGL products. It also gatheris, purchases, stores, terminals, and sells crude oil. Targa Resources was incorporated in 2005 and is headquartered in Houston, TX.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how TRGP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

TRGP ($72.00) is trading above its intrinsic value of $41.41, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
TRGP is poor value based on its earnings relative to its share price (66.67x), compared to the US market average (21.63x)
P/E vs Market Valuation
TRGP is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more TRGP due diligence checks available for Premium users.

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TRGP News

Valuation

TRGP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
66.67x
Industry
10.96x
Market
21.63x
TRGP is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TRGP is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

TRGP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.84x
Industry
2.34x
TRGP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

TRGP price to earnings growth (PEG)

For valuing profitable companies with growth potential
TRGP is good value based... subscribe to Premium to read more.
PEG Value Valuation

TRGP's financial health

Profit margin

Revenue
$5.4B
Net Income
$193.1M
Profit Margin
3.6%
TRGP's Earnings (EBIT) of $1.08B... subscribe to Premium to read more.
Interest Coverage Financials
TRGP's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$19.4B
Liabilities
$14.7B
Debt to equity
6.15
TRGP's short-term liabilities ($3.39B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TRGP's long-term liabilities ($11.26B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TRGP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
TRGP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$459.6M
Investing
-$3.9B
Financing
$3.5B
TRGP's operating cash flow ($2.35B)... subscribe to Premium to read more.
Debt Coverage Financials

TRGP vs Oil & Gas Midstream Stocks

TickerMarket Cap1d %P/EP/B
TRGP$16.30B-4.24%66.67x6.84x
PBA$19.42B-2.14%9.98x1.63x
DTM$11.51B-2.76%15.28x2.89x
WES$10.60B-3.00%10.05x3.70x
MMP$10.58B-1.58%9.97x6.05x

Targa Resources Stock FAQ

What is Targa Resources's quote symbol?

NYSE: TRGP) Targa Resources trades on the NYSE under the ticker symbol TRGP. Targa Resources stock quotes can also be displayed as NYSE: TRGP.

If you're new to stock investing, here's how to buy Targa Resources stock.

What is the 52 week high and low for Targa Resources (NYSE: TRGP)?

(NYSE: TRGP) Targa Resources's 52-week high was $81.50, and its 52-week low was $47.57. It is currently -11.66% from its 52-week high and 51.36% from its 52-week low.

How much is Targa Resources stock worth today?

(NYSE: TRGP) Targa Resources currently has 226,375,387 outstanding shares. With Targa Resources stock trading at $72.00 per share, the total value of Targa Resources stock (market capitalization) is $16.30B.

Targa Resources stock was originally listed at a price of $24.70 in Dec 7, 2010. If you had invested in Targa Resources stock at $24.70, your return over the last 11 years would have been 191.5%, for an annualized return of 10.21% (not including any dividends or dividend reinvestments).

How much is Targa Resources's stock price per share?

(NYSE: TRGP) Targa Resources stock price per share is $72.00 today (as of Dec 5, 2022).

What is Targa Resources's Market Cap?

(NYSE: TRGP) Targa Resources's market cap is $16.30B, as of Dec 6, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Targa Resources's market cap is calculated by multiplying TRGP's current stock price of $72.00 by TRGP's total outstanding shares of 226,375,387.
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