Targa Resources, Inc. (TRGP)

Last Closing Price: 169.32 (2025-06-18)

Company Description

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.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $16.38B
Net Income (Most Recent Fiscal Year) $1.28B
PE Ratio (Current Year Earnings Estimate) 21.80
PE Ratio (Trailing 12 Months) 31.24
PEG Ratio (Long Term Growth Estimate) 0.59
Price to Sales Ratio (Trailing 12 Months) 2.25
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 14.35
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 13.62
Pre-Tax Margin (Trailing 12 Months) 11.44%
Net Margin (Trailing 12 Months) 7.35%
Return on Equity (Trailing 12 Months) 30.48%
Return on Assets (Trailing 12 Months) 5.43%
Current Ratio (Most Recent Fiscal Quarter) 0.65
Quick Ratio (Most Recent Fiscal Quarter) 0.57
Debt to Common Equity (Most Recent Fiscal Quarter) 6.04
Inventory Turnover (Trailing 12 Months) 36.03
Book Value per Share (Most Recent Fiscal Quarter) $20.26
Earnings per Share (Most Recent Fiscal Quarter) $0.91
Earnings per Share (Most Recent Fiscal Year) $5.74
Diluted Earnings per Share (Trailing 12 Months) $5.43
Stock
Exchange NYSE
Sector Energy
Industry Oil & Gas Midstream
Common Shares Outstanding 216.93M
Free Float 214.03M
Market Capitalization $36.80B
Average Volume (Last 20 Days) 1.85M
Beta (Past 60 Months) 1.07
Percentage Held By Insiders (Latest Annual Proxy Report) 1.34%
Percentage Held By Institutions (Latest 13F Reports) 92.13%
Annual Dividend (Based on Last Quarter) $4.00
Dividend Yield (Based on Last Quarter) 2.36%