Market open
Targa Resources/$TRGP
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Targa Resources
Targa Resources is a midstream firm that primarily 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.
Ticker
$TRGP
Sector
Trading on
NYSE
Industry
Oil, Gas & Consumable Fuels
Headquarters
Employees
3,370
ISIN
US87612G1013
Website
Targa Resources Metrics
BasicAdvanced
$37B
31.18
$5.44
1.75
$3.00
2.36%
Price and volume
Market cap
$37B
Beta
1.75
52-week high
$218.51
52-week low
$112.27
Average daily volume
2.7M
Dividend rate
$3.00
Financial strength
Current ratio
0.649
Quick ratio
0.486
Long term debt to equity
604.357
Total debt to equity
630.027
Dividend payout ratio (TTM)
50.95%
Interest coverage (TTM)
3.53%
Management effectiveness
Return on assets (TTM)
7.44%
Return on equity (TTM)
41.98%
Valuation
Price to earnings (TTM)
31.177
Price to revenue (TTM)
2.266
Price to book
15.04
Price to tangible book (TTM)
66.34
Price to free cash flow (TTM)
58.04
Dividend yield (TTM)
1.77%
Forward dividend yield
2.36%
Growth
Revenue change (TTM)
1.73%
Earnings per share change (TTM)
11.49%
3-year revenue growth (CAGR)
-3.58%
3-year earnings per share growth (CAGR)
102.92%
3-year dividend per share growth (CAGR)
53.42%
What the Analysts think about Targa Resources
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Targa Resources stock.
Targa Resources Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Targa Resources Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Targa Resources News
AllArticlesVideos
Targa Resources Corp. Reports Record First Quarter 2025 Financial Results
GlobeNewsWire·2 weeks ago
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2025 Earnings Webcast
GlobeNewsWire·1 month ago
If I Could Only Buy 3 CEFs During This Crash
Seeking Alpha·1 month ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Market open
Upcoming events
May15
Targa Resources
Dividend·Payment
$1.00Per share
FAQs
What’s the current market cap for Targa Resources stock?
Targa Resources (TRGP) has a market cap of $37B as of May 14, 2025.
What is the P/E ratio for Targa Resources stock?
The price to earnings (P/E) ratio for Targa Resources (TRGP) stock is 31.18 as of May 14, 2025.
Does Targa Resources stock pay dividends?
Yes, the Targa Resources (TRGP) stock pays dividends to shareholders. As of May 14, 2025, the dividend rate is $3 and the yield is 2.36%. Targa Resources has a payout ratio of 50.95% on a trailing twelve-month basis.
When is the next Targa Resources dividend payment date?
The next Targa Resources (TRGP) dividend payment is scheduled for May 15, 2025.
What is the beta indicator for Targa Resources?
Targa Resources (TRGP) has a beta rating of 1.75. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.