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Targa Resources Corp is currently in a long term uptrend where the price is trading 44.6% above its 200 day moving average.
From a valuation standpoint, the stock is 88.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.9.
Targa Resources Corp's total revenue rose by 4.0% to $3B since the same quarter in the previous year.
Its net income has increased by 332.7% to $262M since the same quarter in the previous year.
Finally, its free cash flow fell by 4140.2% to $-1B since the same quarter in the previous year.
Based on the above factors, Targa Resources Corp gets an overall score of 4/5.
| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| ISIN | US87612G1013 |
| Sector | Energy |
| Industry | Oil & Gas Midstream |
| Beta | 1.75 |
|---|---|
| Market Cap | 38B |
| Dividend Yield | 2.3% |
| PE Ratio | 29.77 |
| Target Price | 215.0296 |
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic 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, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
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