Targa Resources Corp. (NYSE:TRGP)
Market Cap | 16.93B |
---|---|
Revenue | 21.82B |
Gross Profit | 3.69B |
Shares Out | 226.38M |
EPS (ttm) | 1.18 |
PE Ratio | 69.5402 |
Forward PE | 0.0000 |
Dividend Rate (ttm) | 1.3897 |
Dividend Yield | 0.0186 |
Trading Day | Feb 2 |
---|---|
Last Price | $74.77 |
Previous Close | $74.58 |
Change ($) | 0.19 |
Change (%) | 0.26% |
Day's Open | 74.58 |
Day's Range | 73.95 - 75.77 |
Day's Volume | 1.90M |
52 Week Range | 54.73 - 79.91 |
About Targa Resources Corp.
Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America.
The Company owns, operates, acquires and develops a diversified portfolio of complementary midstream infrastructure assets. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting and purchasing and selling natural gas; transporting, storing, fractionating, treating and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling and purchasing and selling crude oil.
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Quick info
Houston
Texas
77002-5036
Targa Resources Corp. income statements (2022) (USD)
August 2022 | |
---|---|
Total Revenue | 6.06B |
Cost of Revenue | 5.05B |
Gross Profit | 1.01B |
Research & Development | 0 |
Selling General & Admin | 71M |
Operating Expense | 5.60B |
Operating Income | 451.80M |
Other Income Expense Net | 0 |
EBIT | 453.20M |
Interest Income | 81.20M |
Pretax Income | 774.70M |
Income Tax | 87.10M |
Minority Interest | 91.20M |
Net Income | 372.70M |
Net Income Basic | 372.70M |
Targa Resources Corp. income statements (2020) (USD)
June 2020 | March 2020 | |
---|---|---|
Total Revenue | 1.46B | 1.89B |
Cost of Revenue | 1.25B | 1.62B |
Gross Profit | 206.70M | 267M |
Research & Development | N.A | N.A |
Selling General & Admin | N.A | N.A |
Operating Expense | 1.31B | 1.68B |
Operating Income | 144.80M | 206M |
Other Income Expense Net | 9.10M | -2.32B |
EBIT | 144.80M | 206M |
Interest Income | 96.70M | 98M |
Pretax Income | 153.90M | -2.12B |
Income Tax | -23.2M | -295.3M |
Minority Interest | 96.10M | -82.5M |
Net Income | 81M | -1.74B |
Net Income Basic | 48.90M | -1.77B |
Targa Resources Corp. income statements (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Total Revenue | 2.47B | 1.96B | 1.95B | 2.29B |
Cost of Revenue | 2.15B | 1.77B | 1.81B | 2.15B |
Gross Profit | 325.10M | 191.70M | 144.10M | 134M |
Research & Development | N.A | N.A | N.A | N.A |
Selling General & Admin | N.A | N.A | N.A | N.A |
Operating Expense | 2.20B | 1.84B | 1.88B | 2.23B |
Operating Income | 271.60M | 121.80M | 71.30M | 49.50M |
Other Income Expense Net | -364.6M | -93.5M | -25.7M | -77.1M |
EBIT | 271.60M | 121.80M | 71.30M | 49.50M |
Interest Income | 96M | 89.10M | 72.10M | 80.60M |
Pretax Income | -93M | 28.30M | 45.60M | -27.6M |
Income Tax | -77.9M | -3.8M | -3.3M | -2.9M |
Minority Interest | 97.70M | 79.40M | 59.10M | 14.20M |
Net Income | -112.8M | -47.3M | -10.2M | -38.9M |
Net Income Basic | -144.4M | -78.6M | -41.2M | -69.7M |
Targa Resources Corp. income statements (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Total Revenue | 2.60B | 3.01B | 2.45B | 2.49B |
Cost of Revenue | 2.40B | 2.78B | 2.28B | 2.31B |
Gross Profit | 195.70M | 226.70M | 176M | 180.80M |
Research & Development | N.A | N.A | N.A | N.A |
Selling General & Admin | N.A | N.A | N.A | N.A |
Operating Expense | 2.48B | 2.85B | 2.34B | 2.37B |
Operating Income | 113.50M | 162.80M | 118.70M | 123.70M |
Other Income Expense Net | -233.8M | -177.9M | 35.20M | -75.9M |
EBIT | 113.50M | 162.80M | 118.70M | 123.70M |
Interest Income | 67.40M | 87.30M | 64.90M | 56.40M |
Pretax Income | -120.3M | -15.1M | 153.90M | 47.80M |
Income Tax | -32.3M | -3.9M | 32.80M | 8.90M |
Minority Interest | 18.40M | 12.50M | 12M | 16M |
Net Income | -106.4M | -23.7M | 109.10M | 22.90M |
Net Income Basic | -137M | -54M | 79M | -7M |
Targa Resources Corp. income statements (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Total Revenue | 2.75B | 2.14B | 1.86B |
Cost of Revenue | 2.54B | 2.03B | 1.78B |
Gross Profit | 212.30M | 108.50M | 83.10M |
Research & Development | N.A | N.A | N.A |
Selling General & Admin | N.A | N.A | N.A |
Operating Expense | 2.59B | 2.08B | 1.83B |
Operating Income | 158.10M | 58.30M | 31.90M |
Other Income Expense Net | -123.7M | -310.8M | -67.3M |
EBIT | 158.10M | 58.30M | 31.90M |
Interest Income | 52.40M | 54.50M | 57.70M |
Pretax Income | 34.40M | -252.5M | -35.4M |
Income Tax | -264.8M | -97.4M | -106M |
Minority Interest | 16.10M | 12.50M | 13M |
Net Income | 283.10M | -167.6M | 57.60M |
Net Income Basic | 253.50M | -197M | 28.40M |
Targa Resources Corp. balance sheet (2022) (USD)
August 2022 | |
---|---|
Current Cash | 154M |
Receivables | 1.61B |
Inventory | 202.20M |
Current Assets | 2.16B |
Other Current Assets | 195.30M |
Short Term Investments | 195.30M |
Long Term Investments | 13.17B |
Property/Plant Equipment | 11.88B |
Good Will | N.A |
Intangible Assets | 1.04B |
Tangible Assets (Net) | 1.03B |
Other Assets | 116M |
Total Assets | 15.33B |
Accounts Payable | 1.90B |
Other Current Liabilities | 837.80M |
Total Current Liabilities | 3.15B |
Total Liabilities | 13.26B |
Long Term Debt | 7.05B |
Current Long Term Debt | 414.60M |
Minority Interest | 2.33B |
Common Stock | 227.80M |
Treasury Stock | -350.4M |
Retained Earnings | -1.14B |
Capital Surplus | N.A |
Shareholder Equity | 2.07B |
Other Liabilities | N.A |
Targa Resources Corp. balance sheet (2020) (USD)
June 2020 | March 2020 | |
---|---|---|
Current Cash | 196.20M | 375.20M |
Receivables | 547.20M | 438.10M |
Inventory | 219.30M | 100.20M |
Current Assets | 1.23B | 1.21B |
Other Current Assets | 140.30M | 101.10M |
Short Term Investments | 122M | 199.70M |
Long Term Investments | 767.60M | 819M |
Property/Plant Equipment | 12.42B | 12.41B |
Good Will | N.A | N.A |
Intangible Assets | 1.45B | 1.49B |
Tangible Assets (Net) | 571.10M | 670.60M |
Other Assets | 102.60M | 93.70M |
Total Assets | 15.97B | 16.03B |
Accounts Payable | 607.70M | 583.40M |
Other Current Liabilities | 450.10M | 295M |
Total Current Liabilities | 1.32B | 1.20B |
Total Liabilities | 9.40B | 9.37B |
Long Term Debt | 7.58B | 7.64B |
Current Long Term Debt | 11.90M | 12.50M |
Minority Interest | 96.10M | -82.5M |
Common Stock | 233.18M | 233.11M |
Treasury Stock | 56.90M | 56.60M |
Retained Earnings | -2B | -2.08B |
Capital Surplus | 4.95B | 4.99B |
Shareholder Equity | 3.21B | 3.31B |
Other Liabilities | N.A | N.A |
Targa Resources Corp. balance sheet (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Current Cash | 331.10M | 326.30M | 226.50M | 124.90M |
Receivables | 855M | 744M | 637.20M | 752.80M |
Inventory | 161.50M | 210.90M | 205.10M | 197.90M |
Current Assets | 1.66B | 1.48B | 1.21B | 1.18B |
Other Current Assets | 207.40M | 54.70M | 39.20M | 29.50M |
Short Term Investments | 103.30M | 140.10M | 103.90M | 75.90M |
Long Term Investments | 774.20M | 778.50M | 724.10M | 629M |
Property/Plant Equipment | 14.59B | 14.74B | 14.41B | 13.70B |
Good Will | N.A | N.A | N.A | N.A |
Intangible Assets | 1.74B | 1.85B | 1.90B | 1.94B |
Tangible Assets (Net) | 1.94B | 2.76B | 2.97B | 3.18B |
Other Assets | 11.90M | 24.30M | 27.60M | 69M |
Total Assets | 20.05B | 18.92B | 18.32B | 17.57B |
Accounts Payable | 1B | 0.98B | 0.98B | 1.17B |
Other Current Liabilities | 423.10M | 347.50M | 295.90M | 515.70M |
Total Current Liabilities | 1.87B | 1.67B | 1.66B | 2.04B |
Total Liabilities | 11.33B | 9.83B | 9.12B | 9.98B |
Long Term Debt | 7.49B | 7.33B | 6.69B | 7.12B |
Current Long Term Debt | 12.20M | 258M | 309.30M | 318.10M |
Minority Interest | 97.70M | 79.40M | 59.10M | 14.20M |
Common Stock | 232.84M | 232.78M | 232.48M | 232.48M |
Treasury Stock | 53.50M | 53.10M | 49.20M | 49.20M |
Retained Earnings | -339.6M | -226.8M | -179.5M | -169.3M |
Capital Surplus | 5.22B | 5.46B | 5.69B | 5.93B |
Shareholder Equity | 5.20B | 5.59B | 5.80B | 6.01B |
Other Liabilities | N.A | N.A | N.A | N.A |
Targa Resources Corp. balance sheet (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Current Cash | 232.10M | 203.20M | 281.60M | 219.80M |
Receivables | 865.50M | 1.04B | 867.20M | 745.60M |
Inventory | 164.70M | 177.90M | 181.40M | 96.70M |
Current Assets | 1.42B | 1.73B | 1.43B | 1.16B |
Other Current Assets | 41.30M | 248.50M | 47.10M | 35M |
Short Term Investments | 115.30M | 59.60M | 54.20M | 63.20M |
Long Term Investments | 524.60M | 449.90M | 385.60M | 354.80M |
Property/Plant Equipment | 12.93B | 12.08B | 11.42B | 10.84B |
Good Will | N.A | N.A | N.A | N.A |
Intangible Assets | 1.98B | 2.03B | 2.07B | 2.12B |
Tangible Assets (Net) | 3.29B | 3.07B | 3.20B | 3.06B |
Other Assets | 36.50M | 25.70M | 26.80M | 19.80M |
Total Assets | 17.62B | 16.57B | 15.60B | 14.75B |
Accounts Payable | 1.20B | 1.49B | 1.11B | 849.70M |
Other Current Liabilities | 522.70M | 681.80M | 602.80M | 205.10M |
Total Current Liabilities | 2.80B | 2.56B | 1.95B | 1.38B |
Total Liabilities | 9.90B | 9.06B | 8.12B | 7.57B |
Long Term Debt | 5.63B | 5.69B | 5.39B | 5.07B |
Current Long Term Debt | 1.03B | 290M | 180M | 300M |
Minority Interest | 18.40M | 12.50M | 12M | 16M |
Common Stock | 231.79M | 229.28M | 225.49M | 218.83M |
Treasury Stock | 39.60M | 39.60M | 38.20M | 36M |
Retained Earnings | -130.4M | -23.8M | 60M | -49.1M |
Capital Surplus | 6.15B | 6.27B | 6.23B | 6.14B |
Shareholder Equity | 6.33B | 6.32B | 6.45B | 6.31B |
Other Liabilities | N.A | N.A | N.A | N.A |
Targa Resources Corp. balance sheet (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Current Cash | 137.20M | 114.10M | 98.70M |
Receivables | 827.60M | 710.40M | 550.40M |
Inventory | 204.50M | 267.40M | 197.70M |
Current Assets | 1.27B | 1.20B | 0.91B |
Other Current Assets | 62.70M | 85.60M | 30.40M |
Short Term Investments | 37.90M | 18.70M | 35.70M |
Long Term Investments | 244.80M | 235.80M | 235.70M |
Property/Plant Equipment | 10.43B | 10.07B | 10.23B |
Good Will | N.A | N.A | N.A |
Intangible Assets | 2.17B | 2.21B | 2.26B |
Tangible Assets (Net) | 3.13B | 2.96B | 3.41B |
Other Assets | 18.50M | 21.50M | 19.70M |
Total Assets | 14.67B | 14B | 13.92B |
Accounts Payable | 1B | 823.20M | 674.90M |
Other Current Liabilities | 238.30M | 220.50M | 175.60M |
Total Current Liabilities | 1.62B | 1.63B | 1.40B |
Total Liabilities | 7.69B | 7.24B | 6.78B |
Long Term Debt | 4.70B | 4.45B | 4.01B |
Current Long Term Debt | 350M | 528.40M | 500.10M |
Minority Interest | 16.10M | 12.50M | 13M |
Common Stock | 217.57M | 215.63M | 215.58M |
Treasury Stock | 35.60M | 35.30M | 34.30M |
Retained Earnings | -77.2M | -360.5M | -192.9M |
Capital Surplus | 6.30B | 6.43B | 6.67B |
Shareholder Equity | 6.38B | 6.21B | 6.66B |
Other Liabilities | N.A | N.A | N.A |
Targa Resources Corp. cash flow (2022) (USD)
August 2022 | |
---|---|
Net Income | 372.70M |
Depreciation | 269.90M |
Changes in Receivables | 1.61B |
Changes in Inventories | 202.20M |
Cash Change | 154M |
Cash Flow | 635.50M |
Capital Expenditures | -215.1M |
Investments | N.A |
Investing Activity (other) | N.A |
Total Investing Cash Flows | 445.40M |
Dividends Paid | N.A |
Net Borrowings | 7.11B |
Other Financing Cash Flows | N.A |
Cash Flow Financing | -1.06B |
Exchange Rate Effect | N.A |
Targa Resources Corp. cash flow (2020) (USD)
June 2020 | March 2020 | |
---|---|---|
Net Income | 81M | -1.74B |
Depreciation | 205.50M | 239.80M |
Changes in Receivables | -109.1M | 416.90M |
Changes in Inventories | -119M | 62.30M |
Cash Change | -179M | 44.10M |
Cash Flow | 286.30M | 452.60M |
Capital Expenditures | -274.2M | -341.7M |
Investments | 4.10M | 1.40M |
Investing Activity (other) | N.A | N.A |
Total Investing Cash Flows | -255.1M | -191.3M |
Dividends Paid | -49.4M | -241.9M |
Net Borrowings | -59.4M | 132.90M |
Other Financing Cash Flows | -101.1M | -105.1M |
Cash Flow Financing | -210.2M | -217.2M |
Exchange Rate Effect | N.A | N.A |
Targa Resources Corp. cash flow (2019) (USD)
December 2019 | September 2019 | June 2019 | March 2019 | |
---|---|---|---|---|
Net Income | -112.8M | -47.3M | -10.2M | -38.9M |
Depreciation | 253.70M | 245.70M | 238.50M | 238.40M |
Changes in Receivables | -111M | -106.8M | 115.60M | 112.70M |
Changes in Inventories | 44.70M | -13M | -16.1M | -60.6M |
Cash Change | 4.80M | 99.80M | 101.60M | -107.2M |
Cash Flow | 470.80M | 366.70M | 244.70M | 307.60M |
Capital Expenditures | -443.7M | -683.1M | -807.7M | -0.94B |
Investments | -20.7M | 22.40M | -77.3M | -117.4M |
Investing Activity (other) | 400K | 2.80M | -10.1M | -9M |
Total Investing Cash Flows | -415.4M | -542.3M | -686.5M | -872.4M |
Dividends Paid | -238.1M | -242.4M | -237.4M | -246.9M |
Net Borrowings | 280.70M | 584.70M | -504.5M | 732.70M |
Other Financing Cash Flows | -92.8M | -63M | 1.29B | -18.6M |
Cash Flow Financing | -50.6M | 275.40M | 543.40M | 457.60M |
Exchange Rate Effect | N.A | N.A | N.A | N.A |
Targa Resources Corp. cash flow (2018) (USD)
December 2018 | September 2018 | June 2018 | March 2018 | |
---|---|---|---|---|
Net Income | -106.4M | -23.7M | 109.10M | 22.90M |
Depreciation | 209.70M | 207.30M | 203.60M | 199M |
Changes in Receivables | 171.70M | -170M | -121.6M | 82M |
Changes in Inventories | 2.70M | -25.9M | -100.9M | 110.20M |
Cash Change | 28.90M | -78.4M | 61.80M | 82.60M |
Cash Flow | 229.40M | 370.90M | 189.30M | 354.40M |
Capital Expenditures | -1.08B | -871.1M | -566.6M | -595.9M |
Investments | -55M | -80.9M | -54.1M | -86.5M |
Investing Activity (other) | -3.3M | -3.9M | -5.3M | N.A |
Total Investing Cash Flows | -747.9M | -791.3M | -112.6M | -677.3M |
Dividends Paid | -234.6M | -234.1M | -225.5M | -225.4M |
Net Borrowings | 688.60M | 393.40M | 193.70M | 309.60M |
Other Financing Cash Flows | -19.1M | -17.8M | -297.4M | 263.60M |
Cash Flow Financing | 547.40M | 342M | -14.9M | 405.50M |
Exchange Rate Effect | N.A | N.A | N.A | N.A |
Targa Resources Corp. cash flow (2017) (USD)
December 2017 | September 2017 | June 2017 | |
---|---|---|---|
Net Income | 283.10M | -167.6M | 57.60M |
Depreciation | 207.60M | 209M | 204.40M |
Changes in Receivables | -117.2M | -160M | -12.7M |
Changes in Inventories | 63.20M | -67.8M | -122.3M |
Cash Change | 23.10M | 15.40M | 18.70M |
Cash Flow | 407.60M | 67.40M | 145.80M |
Capital Expenditures | -430.9M | -339M | -383.4M |
Investments | -4M | -7.9M | 3.10M |
Investing Activity (other) | -300K | -2M | -12.8M |
Total Investing Cash Flows | -281.1M | -348.9M | -504.5M |
Dividends Paid | -210.8M | -223.8M | -206.1M |
Net Borrowings | 153M | 457.90M | -329.8M |
Other Financing Cash Flows | -132.3M | 65.30M | 4.80M |
Cash Flow Financing | -103.4M | 296.90M | 377.40M |
Exchange Rate Effect | N.A | N.A | N.A |
Targa Resources Corp. dividends (USD)
Ex date | Payment date | Record date | Declared date | Amount | Description | Frequency |
---|---|---|---|---|---|---|
28-07-2022 | 15-08-2022 | 29-07-2022 | N.A | 0.35 | Ordinary Shares | Quarterly |
29-10-2020 | 16-11-2020 | 30-10-2020 | N.A | 0.10 | Ordinary Shares | Quarterly |
30-07-2020 | 17-08-2020 | 31-07-2020 | N.A | 0.10 | Ordinary Shares | Quarterly |
30-07-2020 | 17-08-2020 | 31-07-2020 | N.A | 0.10 | Ordinary Shares | Quarterly |
30-04-2020 | 15-05-2020 | 01-05-2020 | N.A | 0.10 | Ordinary Shares | Quarterly |
30-01-2020 | 18-02-2020 | 31-01-2020 | N.A | 0.91 | Ordinary Shares | Quarterly |
31-10-2019 | 15-11-2019 | 01-11-2019 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-07-2019 | 15-08-2019 | 31-07-2019 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-04-2019 | 15-05-2019 | 01-05-2019 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-01-2019 | 15-02-2019 | 31-01-2019 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-10-2018 | 15-11-2018 | 31-10-2018 | N.A | 0.91 | Ordinary Shares | Quarterly |
31-07-2018 | 15-08-2018 | 01-08-2018 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-04-2018 | 15-05-2018 | 01-05-2018 | N.A | 0.91 | Ordinary Shares | Quarterly |
31-01-2018 | 15-02-2018 | 01-02-2018 | N.A | 0.91 | Ordinary Shares | Quarterly |
31-10-2017 | 15-11-2017 | 01-11-2017 | N.A | 0.91 | Ordinary Shares | Quarterly |
28-07-2017 | 15-08-2017 | 01-08-2017 | N.A | 0.91 | Ordinary Shares | Quarterly |
28-04-2017 | 16-05-2017 | 02-05-2017 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-01-2017 | 15-02-2017 | 01-02-2017 | N.A | 0.91 | Ordinary Shares | Quarterly |
31-10-2016 | 15-11-2016 | 02-11-2016 | N.A | 0.91 | Ordinary Shares | Quarterly |
29-07-2016 | 15-08-2016 | 02-08-2016 | N.A | 0.91 | Ordinary Shares | Quarterly |
29-04-2016 | 16-05-2016 | 03-05-2016 | N.A | 0.91 | Ordinary Shares | Quarterly |
29-01-2016 | 09-02-2016 | 02-02-2016 | N.A | 0.91 | Ordinary Shares | Quarterly |
29-10-2015 | 16-11-2015 | 02-11-2015 | N.A | 0.91 | Ordinary Shares | Quarterly |
30-07-2015 | 17-08-2015 | 03-08-2015 | N.A | 0.88 | Ordinary Shares | Quarterly |
Total Valuation
Targa Resources Corp has a market cap or net worth of $16.93 billion. The enterprise value is $27.93 billion.
Important Dates
Share Statistics
Targa Resources Corp has 226.38 million shares outstanding.
Valuation Ratios
The trailing PE ratio is 69.5402 and the forward PE ratio is 0.0000. Targa Resources Corp's PEG ratio is -10.6241.
Stock Price Statistics
The stock price has increased by 0.0220%. The beta is 0.9593, so Targa Resources Corp's price volatility has been lower than the market average.
Income Statement
In the last 12 months, Targa Resources Corp had revenue of $21.82 billion and earned $3.69 billion in profits. Earnings per share was $1.18.