Targa Resources Corp. (TRGP) — Analysis Summary
Targa Resources Corp. (TRGP) has a market cap of $61.96B with year-over-year revenue growth of +20.5%. Net margin stands at 11.3%. The stock trades at a P/E ratio of 27.3.
Key Takeaways
- Revenue changed +20.5% year-over-year
- Net margin of 11.3%
- P/E ratio of 27.3
Compared to other companies in the NATURAL GAS TRANSMISSION sector, TRGP posted revenue growth of +20.5% and trades at a P/E of 27.3.
Targa Resources Corp. (TRGP)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
D/E at 5.0x — extreme leverage
Current ratio at 0.77x — current liabilities exceed current assets
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
NATURAL GAS TRANSMISSION
Employees
3,570
Headquarters
HOUSTON, TX
Exchange
XNYS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$5.00
Dividend Yield
1.74%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.