Targa Resources/$TRGP
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About Targa Resources
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.
Ticker
$TRGP
Sector
Primary listing
NYSE
Industry
Oil, Gas & Consumable Fuels
Headquarters
Employees
3,370
ISIN
US87612G1013
Website
Targa Resources Metrics
BasicAdvanced
$38B
32.07
$5.44
1.22
$3.25
2.29%
Price and volume
Market cap
$38B
Beta
1.22
52-week high
$218.51
52-week low
$122.56
Average daily volume
2M
Dividend rate
$3.25
Financial strength
Current ratio
0.649
Quick ratio
0.486
Long term debt to equity
604.357
Total debt to equity
630.027
Dividend payout ratio (TTM)
50.95%
Interest coverage (TTM)
3.53%
Profitability
EBITDA (TTM)
4,060
Gross margin (TTM)
34.42%
Net profit margin (TTM)
7.98%
Operating margin (TTM)
15.87%
Effective tax rate (TTM)
19.95%
Revenue per employee (TTM)
$4,860,000
Management effectiveness
Return on assets (TTM)
7.44%
Return on equity (TTM)
41.98%
Valuation
Price to earnings (TTM)
32.074
Price to revenue (TTM)
2.331
Price to book
15.47
Price to tangible book (TTM)
68.25
Price to free cash flow (TTM)
59.711
Free cash flow yield (TTM)
1.67%
Free cash flow per share (TTM)
292.04%
Dividend yield (TTM)
1.86%
Forward dividend yield
2.29%
Growth
Revenue change (TTM)
1.73%
Earnings per share change (TTM)
11.49%
3-year revenue growth (CAGR)
-3.58%
10-year revenue growth (CAGR)
7.43%
3-year earnings per share growth (CAGR)
102.92%
10-year earnings per share growth (CAGR)
10.57%
3-year dividend per share growth (CAGR)
53.42%
10-year dividend per share growth (CAGR)
0.71%
What the Analysts think about Targa Resources
Analyst ratings (Buy, Hold, Sell) for Targa Resources stock.
Bulls say / Bears say
Targa Resources is expanding its infrastructure with new natural gas processing plants in the Permian Basin, including Pembrook II, East Pembrook, and East Driver, positioning the company to meet growing market demands. (finviz.com)
The company announced a 33% year-over-year increase in its 2025 common dividend to $4.00 per share, reflecting strong financial performance and commitment to shareholder returns. (stocktitan.net)
Barclays reaffirmed its 'Buy' rating on Targa Resources with a price target of $138.00, indicating confidence in the company's growth prospects. (markets.businessinsider.com)
Targa Resources reported lower-than-expected Q1 revenue of $4.56 billion, missing analyst estimates of $4.89 billion, leading to a 4.3% drop in share price. (tradingview.com)
Insider selling activity, including CEO Matthew J. Meloy selling 48,837 shares, may signal concerns about the company's future performance. (defenseworld.net)
Barclays issued a pessimistic forecast for Targa Resources' stock price, potentially indicating challenges ahead for the company. (defenseworld.net)
Data summarised monthly by Lightyear AI. Last updated on 10 Jun 2025.
Targa Resources Financial Performance
Revenues and expenses
Targa Resources Earnings Performance
Company profitability
Targa Resources News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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FAQs
What’s the current market cap for Targa Resources stock?
Targa Resources (TRGP) has a market cap of $38B as of July 01, 2025.
What is the P/E ratio for Targa Resources stock?
The price to earnings (P/E) ratio for Targa Resources (TRGP) stock is 32.07 as of July 01, 2025.
Does Targa Resources stock pay dividends?
Yes, the Targa Resources (TRGP) stock pays dividends to shareholders. As of July 01, 2025, the dividend rate is $3.25 and the yield is 2.29%. Targa Resources has a payout ratio of 50.95% on a trailing twelve-month basis.
When is the next Targa Resources dividend payment date?
The next Targa Resources (TRGP) dividend payment date is unconfirmed.
What is the beta indicator for Targa Resources?
Targa Resources (TRGP) has a beta rating of 1.22. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.