trgp capital stock price

How much is a share of TRGP worth?

One share of TRGP stock can currently be purchased for approximately $65.60. How much money does Targa Resources make? Targa Resources has a market capitalization of $15.01 billion and generates $16.95 billion in revenue each year. The pipeline company earns $71.20 million in net income (profit) each year or ($0.11) on an earnings per share basis.

How does Targa Resources Corp's Capital turnover compare to other stocks?

The capital turnover (annual revenue relative to shareholder's equity) for TRGP is 6.44 -- better than 94.95% of US stocks. Of note is the ratio of Targa Resources Corp's sales and general administrative expense to its total operating expenses; only 10.2% of US stocks have a lower such ratio.

How much of Targa Resources'stock is owned by insiders?

In the past three months, Targa Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,017,900.00 in company stock. Only 1.69% of the stock of Targa Resources is held by insiders. 88.49% of the stock of Targa Resources is held by institutions.

What is the return on equity for Targa Resources?

The pipeline company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $2.62 billion. Targa Resources had a net margin of 0.42% and a trailing twelve-month return on equity of 9.74%. View Targa Resources' earnings history. How often does Targa Resources pay dividends? What is the dividend yield for Targa Resources?

Is Trgp a good buy?

Out of 11 analysts, 8 (72.73%) are recommending TRGP as a Strong Buy, 3 (27.27%) are recommending TRGP as a Buy, 0 (0%) are recommending TRGP as a Hold, 0 (0%) are recommending TRGP as a Sell, and 0 (0%) are recommending TRGP as a Strong Sell.

Where is Targa Resources located?

We have a leading position in Mont Belvieu, Texas the NGL hub of North America. We have one of the largest fractionation ownership positions in Mont Belvieu and world class LPG export facilities on the Gulf Coast at our Galena Park Marine Terminal, which is interconnected to Mont Belvieu.

How many employees does Targa Resources have?

2,680Targa ResourcesTypePublic companyFounded2005HeadquartersHouston, Texas, U.S.Number of employees2,680 (2020)Websitewww.targaresources.com1 more row

Who founded Targa Resources?

Warburg PincusApril 2003. Targa Resources, Inc. (“Targa”) is formed by its Management Team and Warburg Pincus.

Should I buy or sell Targa Resources stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Targa Resources in the last twelve months. There are cu...

What is Targa Resources' stock price forecast for 2022?

11 brokerages have issued 12 month price objectives for Targa Resources' stock. Their forecasts range from $62.00 to $103.00. On average, they expe...

How has Targa Resources' stock price performed in 2022?

Targa Resources' stock was trading at $52.24 at the beginning of 2022. Since then, TRGP stock has increased by 38.6% and is now trading at $72.43....

Are investors shorting Targa Resources?

Targa Resources saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,580,000 shares, an increa...

When is Targa Resources' next earnings date?

Targa Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Targ...

How were Targa Resources' earnings last quarter?

Targa Resources Corp. (NYSE:TRGP) issued its earnings results on Thursday, May, 5th. The pipeline company reported $0.06 earnings per share for the...

How often does Targa Resources pay dividends? What is the dividend yield for Targa Resources?

Targa Resources declared a quarterly dividend on Thursday, April 14th. Stockholders of record on Friday, April 29th will be given a dividend of $0....

Is Targa Resources a good dividend stock?

Targa Resources(NYSE:TRGP) pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.86%. View Targa Resources' dividend...

Who are Targa Resources' key executives?

Targa Resources' management team includes the following people: Mr. Matthew J. Meloy , CEO & Director (Age 44, Pay $4.4M) Ms. Jennifer R. Kneale...

What is the P/E ratio of Targa Resources?

What is Targa Resources Corp?

The P/E ratio of Targa Resources is 41.90 , which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.78.

How much of Targa Resources is held by institutions?

Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil and storing, terminaling, and selling refined petroleum products. It operates through the following business segments: Gathering and Processing, and Logistics and Transportation. The Gathering and Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities; and assets used for crude oil gathering and terminaling. The Logistics and Transportation segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded on October 27, 2005 and is headquartered in Houston, TX.

Is Targa Resources a buy or sell company?

87.30% of the stock of Targa Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Does Targa have a dividend?

Targa Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 16 buy ratings, 1 hold rating, and no sell ratings.

What is Targa Resources Corp?

Targa Resources does not yet have a strong track record of dividend growth. The dividend payout ratio of Targa Resources is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Targa Resources will have a dividend payout ratio of 21.98% next year.

How many railcars does Targa have?

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages 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, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale 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. It operates approximately 28,700 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 75 million barrels. As of December 31, 2020, the company leased and managed approximately 694 railcars; 124 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Is TRGP bullish or neutral?

As of December 31, 2020, the company leased and managed approximately 694 railcars; 124 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Is Targa Resources Corp. on the NYSE?

TRGP’s Wall Street analysts’s rating summary for the last 90 days is Bullish. MMP has a rating summary of Neutral from Wall Street analysts for the same period of time. Sign up for a Seeking Alpha Premium account to view more in-depth ratings information.

Has Targa Resources Corp. had a stock split?

Targa Resources Corp. is listed on the NYSE as (NYSE:TRGP).

Is Targa Resources a good dividend stock?

Targa Resources Corp. has not had any stock splits.

What is TRGP grade?

Is Targa Resources Corp. (TRGP) a good dividend stock? Targa Resources Corp. has a dividend yield of 0.94%. In order to be considered a 'good dividend stock', Targa Resources Corp. should raise their dividend payout to provide investors a higher yield. See more in-depth information here.

What is the best dimension for TRGP?

TRGP has a Quality Grade of B, ranking ahead of 91.16% of graded US stocks.

What are some similar stocks to Targa Resources?

Quality is the dimension where TRGP ranks best; there it ranks ahead of 90.6% of US stocks.

Where is Targa Resources located?

If you're looking for stocks that are quantitatively similar to Targa Resources Corp, a group of peers worth examining would be ARCH, AAT, PINE, RPT, and TSQ.