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Targa Resources Inc

TAR
Current price
154.85 EUR +2.83 EUR (+1.84%)
Last closed 186.04 USD
ISIN US87612G1013
Sector Energy
Industry Oil & Gas Midstream
Exchange Frankfurt Exchange
Capitalization 36 207 353 856 USD
Yield for 12 month +125.22 %
1Y
3Y
5Y
10Y
15Y
TAR
21.11.2021 - 28.11.2021

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. Address: 811 Louisiana Street, Houston, TX, United States, 77002

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Analytics

WallStreet Target Price

171.03 USD

P/E ratio

34.8671

Dividend Yield

1.6 %

Current Year

+15 619 200 000 USD

Last Year

+20 929 800 000 USD

Current Quarter

+3 618 600 000 USD

Last Quarter

+4 597 500 000 USD

Current Year

+2 535 300 000 USD

Last Year

+2 951 700 000 USD

Current Quarter

+781 900 000 USD

Last Quarter

+761 000 000 USD

Key Figures TAR

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA 3 774 899 968 USD
Operating Margin TTM 17.61 %
PE Ratio 34.8671
Return On Assets TTM 7.39 %
PEG Ratio 1.1518
Return On Equity TTM 29.88 %
Wall Street Target Price 171.03 USD
Revenue TTM 16 260 500 480 USD
Book Value 11.26 USD
Revenue Per Share TTM
Dividend Share 2.5 USD
Quarterly Revenue Growth YOY 4.7 %
Dividend Yield 1.6 %
Gross Profit TTM 4 047 700 000 USD
Earnings per share 4.74 USD
Diluted Eps TTM 4.74 USD
Most Recent Quarter II 2024
Quarterly Earnings Growth YOY -7.6 %
Profit Margin 6.72 %

Dividend Analytics TAR

Dividend growth over 5 years

-49 %

Continuous growth

2 years

Payout Ratio 5 years average

422 %

Dividend History TAR

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Forward Annual Dividend Rate 3
Ex Dividend Date 31.10.2024
Forward Annual Dividend Yield 1.82 %
Last Split Factor
Payout Ratio 72.18 %
Last Split Date
Dividend Date 15.11.2024

Stock Valuation TAR

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 34.8671
Forward PE 21.9298
Enterprise Value Revenue 3.0557
Price Sales TTM 2.2267
Enterprise Value EBITDA 13.1404
Price Book MRQ 14.6737

Financials TAR

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators TAR

For 52 weeks

79.24 USD 169.29 USD
50 Day MA 155.17 USD
Shares Short Prior Month 3 319 074
200 Day MA 125.11 USD
Short Ratio 1.86
Shares Short 3 385 573
Short Percent 1.79 %