Targa Resources Corp 1TRGP
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Targa Resources Signs 20-Year Agreements With ExxonMobil, Plans Three New Permian Gas Plants
-
Energy investors go stock picking, benefiting Chevron over Exxon
-
Trump wants oil at $50. He thinks Venezuela can help - but oil drillers might not go along.
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Targa Resources to Acquire Stakeholder Midstream -2-
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Targa Resources to Acquire Stakeholder Midstream for $1.25 Billion — Commodities Roundup
Trading Information
- Previous Close Price
- €258.30
- Day Range
- €258.00–258.00
- 52-Week Range
- €117.85–258.00
- Bid/Ask
- €0.00 / €0.00
- Shares Outstanding
- 214.43M
- Market Cap
- $55.75B
- Volume/Avg
- 4 / 6
Key Statistics
- Price/Earnings (Normalized)
- 28.38
- Price/Sales
- 3.90
- Dividend Yield (Trailing)
- 1.48%
- Dividend Yield (Forward)
- 1.67%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 2.00%
Company Profile
Targa Resources Corp is a midstream firm that mainly 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. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Mid Core
- Total Number of Employees
- 3,570
- Website
- https://www.targaresources.com
Valuation
|
Metric
|
1TRGP
|
|---|---|
Price/Earnings (Normalized) | 28.38 |
Price/Book Value | 17.41 |
Price/Sales | 3.90 |
Price/Cash Flow | 13.70 |
Price/Earnings
1TRGP
Financial Strength
|
Metric
|
1TRGP
|
|---|---|
Quick Ratio | 0.61 |
Current Ratio | 0.77 |
Interest Coverage | 4.25 |
Quick Ratio
1TRGP
Profitability
|
Metric
|
1TRGP
|
|---|---|
Return on Assets (Normalized) | 9.33% |
Return on Equity (Normalized) | 79.16% |
Return on Invested Capital (Normalized) | 14.62% |
Return on Assets
1TRGP
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United States