Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.

Employees

3,182

Sector

Oil & Gas Transportation Services

Calendar

19/02/2025 - Q4 2024 Earnings Release (Projected)

More about the company

Quotes

Date	Price	Change	Volume
06/12/24	194.34 $	-2.01%	1,497,397
05/12/24	198.33 $	+1.47%	1,263,607
04/12/24	195.45 $	-0.85%	1,490,009
03/12/24	197.13 $	+1.33%	1,474,785
02/12/24	194.54 $	-4.78%	2,137,585

Delayed Quote Nyse, December 06, 2024 at 09:00 pm

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Income Statement and Estimates

income-statement-evolution-chart TARGA-RESOURCES-CORP

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

194.34USD

Average target price

196.17USD

Spread / Average Target

+0.94%

Consensus

Profit revisions

estimates-change-chart TARGA-RESOURCES-CORP

Estimate revisions

Quarterly revenue - Rate of surprise

quality-estimates-chart TARGA-RESOURCES-CORP

Company calendar

Market Closed - Nyse Other stock markets 21:00:02 06/12/2024 GMT			5-day change	1st Jan Change
194.34 ^USD	-2.01%		-4.88%	+123.71%

11-26	US Capital Downgrades Targa Resources to Hold From Overweight, Price Target is $207	MT
11-25	Argus Raises Targa Resources Price Target to $245 From $230	MT

Capitalization	42.38B 40.1B 37.18B 33.25B 59.92B 3,589B 66.33B 463B 171B 1,475B 159B 156B 6,354B	P/E ratio 2024 *	31.8x	P/E ratio 2025 *	24.3x
Enterprise value	56.42B 53.39B 49.49B 44.26B 79.76B 4,778B 88.3B 616B 228B 1,963B 212B 207B 8,458B	EV / Sales 2024 *	3.13x	EV / Sales 2025 *	2.63x
Free-Float	89.02%	Yield 2024 *	1.54%	Yield 2025 *	2.06%

US Capital Downgrades Targa Resources to Hold From Overweight, Price Target is $207	11-26	MT
Argus Raises Targa Resources Price Target to $245 From $230	11-25	MT
Targa Resources Insider Sold Shares Worth $1,905,214, According to a Recent SEC Filing	11-19	MT
UBS Raises Targa Resources Price Target to $246 From $182, Maintains Buy Rating	11-15	MT
Truist Adjusts Price Target on Targa Resources to $225 From $175, Maintains Buy Rating	11-15	MT
Targa Resources Insider Sold Shares Worth $1,144,080, According to a Recent SEC Filing	11-13	MT
RBC Capital Ups Price Target on Targa Resources to $199 From $172 on Higher Earnings, Keeps Outperform Rating	11-11	MT
Citigroup Adjusts Price Target on Targa Resources to $218 From $150, Maintains Buy Rating	11-11	MT
Capital One Raises Price Target on Targa Resources to $200 From $180	11-06	MT
Stifel Adjusts Price Target on Targa Resources to $190 From $151, Maintains Buy Rating	11-06	MT
Wolfe Research Adjusts Price Target on Targa Resources to $210 From $190, Maintains Outperform Rating	11-06	MT
Wells Fargo Adjusts Price Target on Targa Resources to $190 From $153, Maintains Overweight Rating	11-06	MT
Markets mobilize as Donald dominates	11-06

US Capital Downgrades Targa Resources to Hold From Overweight, Price Target is $207	11-26	MT
Argus Raises Targa Resources Price Target to $245 From $230	11-25	MT
UBS Raises Targa Resources Price Target to $246 From $182, Maintains Buy Rating	11-15	MT
Truist Adjusts Price Target on Targa Resources to $225 From $175, Maintains Buy Rating	11-15	MT
RBC Capital Ups Price Target on Targa Resources to $199 From $172 on Higher Earnings, Keeps Outperform Rating	11-11	MT

Targa Resources Corp. Share Price

Equities

TRGP

US87612G1013

Oil & Gas Transportation Services

Valuation: Targa Resources Corp.

Chart: Targa Resources Corp.

Latest news: Targa Resources Corp.

Last Transcript: Targa Resources Corp.

Analysts' recommendations: Targa Resources Corp.

Press Releases: Targa Resources Corp.

News in other languages: Targa Resources Corp.

Quotes and Performance

Course Extremes

Managers and Directors: Targa Resources Corp.

ETFs: Targa Resources Corp.

Other Oil & Gas Transportation Services

Financials

Company Profile

Quotes

Income Statement and Estimates

Ratings

Analysts' Consensus

Quarterly revenue - Rate of surprise

Targa Resources Corp. to Participate in BofA Securities Global Energy Conference	11-11	AQ
Targa Resources : 241104 TRGP 3Q24 Earnings Supplement vF	11-05	PU
Targa Resources Corp. Reports Record Third Quarter 2024 Results and Announces Expectations for a 33% Year-Over-Year Increase to its 2025 Common Dividend	11-05	AQ
Targa Resources Corp. Releases Sustainability Report	10-16	AQ
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast	10-11	AQ

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Las mejores acciones para ganar en bolsa en Wall Street en 2024	11-20

1 day	-2.01%
1 week	-4.88%
Current month	-4.88%
1 month	+4.46%
3 months	+32.43%
6 months	+64.72%
Current year	+123.71%

Director	Title	Age	Since
Matthew Meloy CEO	Chief Executive Officer	46	29/02/2020
G. White COO	Chief Operating Officer	64	11/11/2015
Jennifer Kneale DFI	Director of Finance/CFO	45	28/02/2018

Manager	Title	Age	Since
Rene Joyce CHM	Chairman	76	31/12/2011
Bob Perkins CHM	Chairman	63	29/02/2020
Charles Crisp BRD	Director/Board Member	76	26/10/2005

Name	Weight	AuM	1st Jan change	Investor Rating
USCF MIDSTREAM ENERGY INCOME FUND - USD	7.18%	302 M€	+41.74%	-
ASYMMETRIC SMART INCOME ETF - USD	1.72%	0 M€	-.--%

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
TARGA RESOURCES CORP.	-2.01%	-4.88%	+126.95%	+271.94%	42.38B
ENBRIDGE INC.	-0.94%	+0.79%	+28.88%	+26.40%	94.05B
ENTERPRISE PRODUCTS PARTNERS L.P.	-0.15%	-4.73%	+23.54%	+55.75%	71.1B
WILLIAMS COMPANIES, INC.	-0.54%	-2.85%	+58.62%	+108.09%	69.3B
ONEOK, INC.	-1.02%	-4.05%	+59.19%	+79.01%	63.68B
KINDER MORGAN, INC.	-0.72%	-1.77%	+58.41%	+75.98%	61.69B
TC ENERGY CORPORATION	-0.58%	+0.04%	+32.58%	+15.94%	50.13B
MPLX LP	-1.37%	-5.15%	+36.15%	+67.18%	49.94B
CHENIERE ENERGY PARTNERS, L.P.	-1.33%	-0.53%	-0.16%	+43.13%	28.05B
PEMBINA PIPELINE CORPORATION	-1.92%	-3.22%	+23.39%	+47.36%	22.92B
Average	-1.06%	-2.45%	+44.76%	+79.08%	55.32B
Weighted average by Cap.	-0.92%	-2.28%	+45.51%	+75.25%

	2024 *	2025 *
Net sales	18.02B 17.05B 15.81B 14.14B 25.47B 1,526B 28.2B 197B 72.71B 627B 67.69B 66.18B 2,701B	21.48B 20.33B 18.84B 16.85B 30.37B 1,819B 33.62B 234B 86.68B 747B 80.69B 78.9B 3,220B
Net income	1.32B 1.25B 1.16B 1.04B 1.87B 112B 2.07B 14.45B 5.34B 46.05B 4.97B 4.86B 198B	1.67B 1.58B 1.47B 1.31B 2.36B 142B 2.62B 18.26B 6.75B 58.2B 6.28B 6.14B 251B
Net Debt	14.04B 13.28B 12.31B 11.01B 19.85B 1,189B 21.97B 153B 56.64B 488B 52.73B 51.56B 2,105B	14.1B 13.35B 12.37B 11.06B 19.94B 1,194B 22.07B 154B 56.91B 491B 52.98B 51.8B 2,114B