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Targa Resources Inc (TRGP)"Targa Resources Inc stock price live, this page displays NYSE TRGP stock exchange data. View the TRGP premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Targa Resources Inc real time stock price chart below.
What Is the Targa Resources Inc Stock Price Today?
The Targa Resources Inc stock price today is 204.30.
What Is the Stock Symbol for Targa Resources Inc?
The stock symbol for Targa Resources Inc is ""TRGP.""
What Stock Exchange Does Targa Resources Inc Trade On?
Targa Resources Inc is listed and trades on the NYSE stock exchange.
Is Targa Resources Inc a Good Stock to Buy?
Determining whether Targa Resources Inc—or any stock—is a good buy requires comprehensive analysis. To evaluate its potential, users can sign up to InvestingPro, where they can assess stock price fair value and other essential metrics.
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the TRGP quote. (ISIN: US87612G1013)"
What Is the Targa Resources Inc Stock Price Today?
The Targa Resources Inc stock price today is 204.30.
What Is the Stock Symbol for Targa Resources Inc?
The stock symbol for Targa Resources Inc is ""TRGP.""
What Stock Exchange Does Targa Resources Inc Trade On?
Targa Resources Inc is listed and trades on the NYSE stock exchange.
Is Targa Resources Inc a Good Stock to Buy?
Determining whether Targa Resources Inc—or any stock—is a good buy requires comprehensive analysis. To evaluate its potential, users can sign up to InvestingPro, where they can assess stock price fair value and other essential metrics.
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the TRGP quote. (ISIN: US87612G1013)"
204.30
+2.91(+1.44%)
Closed
Pre Market
202.57-1.73(-0.85%)
Fair Value
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Day's Range
202.01
205.47
52 wk Range
81.03
209.87
TRGP Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Fair Value
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Day's Range
202.01205.47
52 wk Range
81.03209.87
Key Statistics
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Book Value / Share
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UnlockEPS Growth Forecast
Unlock(1.47%)
Dividends Payment Streak
UnlockEBITDA
UnlockEV/EBITDA
UnlockBook Value / Share
UnlockFair Value
UnlockFair Value Upside
UnlockEPS Growth Forecast
Unlock(1.47%)
Dividends Payment Streak
UnlockEBITDA
UnlockEV/EBITDA
UnlockTRGP Scorecard
Company’s Health
Assesses a company's financial position by analysing its market value, financial ratios, industry benchmarks, and competitors.
UnlockFair Value
An estimate of a stock's true price based on valuation models like discounted cash flow, peer valuation multiples, and dividend discount models.
Unlock PriceFair Price
Upside
Technical Analysis
Strong Buy
Price Target
196.13
Downside
-4.00%
Members' Sentiments
Bearish
Bullish
ProTips
Tips that distill complex financial data into concise, actionable investment insights.
4 analysts have revised their earnings upwards for the upcoming period
Targa Resources Inc Company Profile
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Targa Resources Inc SWOT Analysis
Permian Powerhouse | Targa Resources Corp. leverages its strong position in the Permian Basin to drive growth, capitalizing on increasing natural gas and NGL demand |
Strategic Expansion | Explore TRGP's multifaceted growth strategy, focusing on infrastructure expansion and potential acquisitions to strengthen its market position |
Financial Outlook | Analysts project a shift to positive free cash flow by 2025, with price targets ranging from $128 to $202, signaling potential for increased shareholder returns |
Industry Dynamics | Delve into how TRGP aligns with industry trends, including increased natural gas demand for AI and data centers, positioning itself for long-term value creation |
TRGP Full Pro Research
Institutional-Grade Stock Analysis
Understand how TRGP earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
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Targa Resources Inc Earnings Call Summary for Q3/2024
- Record Q2 with $984M adjusted EBITDA; appointed Will Byers as new CFO
- Participating in Blackcomb pipeline JV; cost under $200M; expects low double-digit volume growth
- New $1B share repurchase program; repaid $500M term loan; 3.6x consolidated net leverage ratio
- Daytona pipeline operational in Q3; no significant transportation capex for 2025
- Forecasts growth into 2025; plans to return 40-50% of adjusted cash flow to equity holders
Last Updated: 2024/08/04, 16:16
Read Full TranscriptCompare TRGP to Peers and Sector
Metrics to compare | TRGP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipTRGPPeersSector | |
|---|---|---|---|---|
P/E Ratio | 36.2x | 20.2x | 4.6x | |
PEG Ratio | 0.81 | 0.90 | 0.00 | |
Price/Book | 17.3x | 2.4x | 1.1x | |
Price / LTM Sales | 2.7x | 3.2x | 1.2x | |
Upside (Analyst Target) | −2.1% | 3.1% | 28.8% | |
Fair Value Upside | Unlock | −6.7% | 9.1% | Unlock |
Analysts' Recommendations
20 Buy
1 Hold
1 Sell
Ratings:
21 analysts
Overall Consensus
Buy
Analysts 12-Month Price Target:
Average 196.13
(-4.00% Downside)
Dividends
Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.56
Dividend Yield
1.47%
Industry Median 5.41%
Annualised payout
3
Paid quarterly
5-Years Growth
-5.45%
Growth Streak
FAQ
What Is the Targa Resources (TRGP) Stock Price Today?
The Targa Resources stock price today is 204.30
What Stock Exchange Does Targa Resources Trade On?
Targa Resources is listed and trades on the NYSE stock exchange.
What Is the Stock Symbol for Targa Resources?
The stock symbol for Targa Resources is "TRGP."
Does Targa Resources Pay Dividends? What’s The Current Dividend Yield?
The Targa Resources dividend yield is 1.47%.
What Is the Targa Resources Market Cap?
As of today, Targa Resources market cap is 44.55B.
What is Targa Resources Earnings Per Share?
The Targa Resources EPS is 5.56.
What Is the Next Targa Resources Earnings Date?
Targa Resources will release its next earnings report on 19 Feb 2025.
From a Technical Analysis Perspective, Is TRGP a Buy or Sell?
Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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