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Targa Resources Corp

TRGP | US

240.69

USD

0.78

0.33%

TRGP | US
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About Targa Resources Corp

Sector

Energy

Industry

Oil & Gas Midstream

Earnings date

30/06/2024

As of date

24/04/2026

Close

240.69

Open

238.94

High

240.81

Low

236.99

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. The company operates in two segments Gathering and Processing and Logistics and Transportation. It 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 storing terminaling purchasing and selling crude oil. The company 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 it 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 2022 it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston Texas.

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TRGP | US

Risk
21.3
Sharpe
1.39
Luna's Score
57/100
Recommendation
Hold

Luna says (TRGP | US)

What's Working

Low 6-Month Volatility (<30%)

Largecap (10B - 200B USD)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

18.2%

1 month

21.3%

3 months

23.5%

6 months

25.7%

Returns

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Fundamental Ratios

PE

34.26

Fwd. PE

22.27

Price to book

14.45

Debt to equity

5.53

Debt to assets

0.64

Ent. to EBITDA

12.99

Ent. to rev.

3.02

PEG

1.17

Other Fundamentals

EBITDA

3.77B

MarketCap

52.73B

MarketCap(USD)

52.73B

Div. yield

1.84

Op. margin

17.61

Erngs. growth

-7.60

Rev. growth

4.70

Ret. on equity

29.88

Short ratio

1.76

Short perc.

1.85

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

15.33

Range1M

23.48

Range3M

64.97

Volumes: Market Activity

Volume Averages

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Rel. volume

0.44

Price X volume

117.28M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Diamondback Energy IncFANGOil & Gas E&P194.7957.02B-0.41%9.5268.66%
MPLX LPMPLXOil & Gas Midstream55.3456.48B-0.49%10.76165.33%
Occidental Petroleum CorporationOXYOil & Gas E&P57.1253.42B-1.23%13.3864.94%
ONEOK IncOKEOil & Gas Midstream87.551.11B0.33%21.51130.91%
WDSWDSOil & Gas E&P23.0443.88B0.04%16.9621.01%
EQT CorporationEQTOil & Gas E&P58.9134.99B-0.03%23.8532.75%
Devon Energy CorporationDVNOil & Gas E&P47.9431.56B-0.44%7.3551.80%
Cheniere Energy Partners L.PCQPOil & Gas Midstream62.830.40B-0.11%10.35-2083.20%
Pembina Pipeline CorporationPBAOil & Gas Midstream43.3725.24B0.42%18.1678.16%
Permian Resources CorpPROil & Gas E&P20.516.45B-1.73%10.5548.02%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA12.998.69Expensive
Ent. to Revenue3.023.61Par
PE Ratio34.2618.01Expensive
Price to Book14.454.34Expensive
Dividend Yield1.845.83Poor
Std. Deviation (3M)23.5234.14Lower Risk
Debt to Equity5.53-0.36Expensive
Debt to Assets0.640.51Expensive
Market Cap52.73B20.89BMarket Leader
  • 1

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