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

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

More about the company

Quotes

Date	Price	Change	Volume
24-12-05	198.33 $	+1.47%	1,244,134
24-12-04	195.45 $	-0.85%	1,490,009
24-12-03	197.13 $	+1.33%	1,474,785
24-12-02	194.54 $	-4.78%	2,137,585
24-11-29	204.30 $	+1.44%	826,795

Delayed Quote Nyse, December 05, 2024 at 04:00 pm EST

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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

195.45USD

Average target price

196.17USD

Spread / Average Target

+0.37%

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 04:00:02 2024-12-05 pm EST			5-day change	1st Jan Change
198.33 ^USD	+1.47%		-1.52%	+128.31%

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

Capitalization	42.62B 40.27B 37.43B 33.4B 59.75B 3,608B 66.05B 463B 172B 1,474B 160B 157B 6,396B	P/E ratio 2024 *	32x	P/E ratio 2025 *	24.5x
Enterprise value	56.66B 53.54B 49.76B 44.41B 79.42B 4,797B 87.8B 615B 228B 1,959B 213B 208B 8,502B	EV / Sales 2024 *	3.14x	EV / Sales 2025 *	2.64x
Free-Float	89.02%	Yield 2024 *	1.53%	Yield 2025 *	2.05%

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

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

Targa Resources Corp. Stock

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	Nov. 11	AQ
Targa Resources : 241104 TRGP 3Q24 Earnings Supplement vF	Nov. 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	Nov. 05	AQ
Targa Resources Corp. Releases Sustainability Report	Oct. 16	AQ
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast	Oct. 11	AQ

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Las mejores acciones para ganar en bolsa en Wall Street en 2024	Nov. 20

1 day	+1.47%
1 week	-1.52%
Current month	-2.92%
1 month	+17.22%
3 months	+34.78%
6 months	+69.90%
Current year	+128.31%

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

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

Name	Weight	AuM	1st Jan change	Investor Rating
USCF MIDSTREAM ENERGY INCOME FUND - USD	7.18%	302 M€	+43.37%	-
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.	+1.47%	-1.52%	+122.07%	+287.06%	42.62B
ENBRIDGE INC.	+0.41%	+2.48%	+29.45%	+28.69%	95B
ENTERPRISE PRODUCTS PARTNERS L.P.	0.00%	-2.38%	+22.44%	+54.88%	71.2B
WILLIAMS COMPANIES, INC.	+1.53%	-1.69%	+54.53%	+110.84%	68.63B
ONEOK, INC.	+1.27%	-2.19%	+56.84%	+83.50%	63.52B
KINDER MORGAN, INC.	+2.12%	-0.36%	+56.69%	+79.41%	60.85B
TC ENERGY CORPORATION	-0.32%	+1.12%	+33.07%	+16.36%	50.82B
MPLX LP	+0.12%	-1.68%	+35.52%	+70.55%	50.58B
CHENIERE ENERGY PARTNERS, L.P.	+2.21%	+2.95%	-3.53%	+43.64%	27.81B
PEMBINA PIPELINE CORPORATION	+0.83%	-1.51%	+24.01%	+51.08%	23.28B
Average	+0.96%	-1.34%	+43.11%	+82.60%	55.43B
Weighted average by Cap.	+0.88%	-1.23%	+43.91%	+78.32%

	2024 *	2025 *
Net sales	18.02B 17.03B 15.83B 14.12B 25.26B 1,525B 27.92B 196B 72.61B 623B 67.63B 66.18B 2,704B	21.48B 20.3B 18.87B 16.84B 30.11B 1,819B 33.29B 233B 86.56B 743B 80.62B 78.89B 3,223B
Net income	1.32B 1.25B 1.16B 1.04B 1.86B 112B 2.05B 14.36B 5.33B 45.77B 4.97B 4.86B 199B	1.67B 1.58B 1.47B 1.31B 2.34B 142B 2.59B 18.15B 6.74B 57.84B 6.28B 6.14B 251B
Net Debt	14.04B 13.26B 12.33B 11B 19.68B 1,188B 21.75B 152B 56.57B 485B 52.69B 51.56B 2,107B	14.1B 13.33B 12.39B 11.05B 19.77B 1,194B 21.86B 153B 56.83B 488B 52.93B 51.8B 2,116B