Targa Resources Corp (TRGP) Company Profile & Statistics

Targa Resources Corp
TRGP
(NYSE)
Closed
207.32
-0.37 (-0.18%)
in:usd•As of: Nov 22, 2024 15:59 UTC -5
Open
208.70
High
209.64
Low
206.57

About Targa Resources Corp

CEO

Matthew J. Meloy

Headquarters

811 louisiana street, suite 2100

houston, tx 77002, united states

Auditor

PricewaterhouseCoopers LLP

Employees

3,182

Share Holders

170

Website

www.targaresources.com

Industry

gas distributors

Sector

utilities

Company Overview

Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation.

Targa Resources Corp Statistics

Valuation Measures

Market Capitalization ²	45.21B
Enterprise Value	59.34B
Enterprise Value/EBITDA (ttm)	14.72
Price to Earnings Ratio (ttm)	37.49
Price to Book (mrq)	10.14
Price to Sales (ttm)	2.79
Price to Cash (ytd)	21.22

Profitability

Gross Margin (ttm)	34.50%
Operating Margin (ttm)	7.65%
Profit Margin (ttm)	7.72%
Return on Equity (ttm)	27.59%
Return on Invested Capital (ttm)	8.61%
Return on Assets (ttm)	5.86%

Income Statement

Revenue (ttm)	16.22B
Revenue Per Share (ttm)	74.36
Gross Profit (ttm)	5.54B
EBITDA (ttm)³	4.03B
Net Income Avi to Common (ttm)	1.23B
Diluted EPS (ttm)	5.53

Share Statistics

Beta (5Y Monthly)	2.24
52-Week Change	144.02%
S&P500 52-Week Change	30.93%
S&P500 Member	Yes
Stock Optionable	Yes
Total Shares Outstanding ¹	218.06M
Dividend Yield	1.45%
Float ⁴	215.03M
% Held by Insiders	1.39%
% Held by Institutions	92.13%

Balance Sheet

Total Cash (mrq)	127.20M
Total Cash Per Share (mrq)	0.58
Total Debt (mrq)	14.25B
Total Debt/Equity (mrq)	319.72%
Current Ratio (mrq)	0.77%
Quick Ratio (mrq)	0.61%
Book Value Per Share (mrq)	20.42

Cash Flow

Operating Cash Flow Per Share (ytd)	10.55
Free Cash Flow (ytd)	82.90M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Targa Resources Corp

Trade With A Regulated Broker