Targa Resources (TRGP) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US87612G1013

Natural Gas, Natural Gas Liquids, Crude Oil, Propane

Targa Resources Corp. is a leading player in the midstream energy sector, owning and operating a diverse portfolio of infrastructure assets across North America. Through its subsidiary, Targa Resources Partners LP, the company focuses on gathering, processing, and transporting natural gas, natural gas liquids (NGLs), and crude oil.

The company's operations are divided into two main segments: Gathering and Processing, and Logistics and Transportation. In the Gathering and Processing segment, Targa Resources is involved in the collection, compression, treatment, and processing of natural gas, as well as the storage, fractionation, treatment, and transportation of NGLs and NGL products.

In the Logistics and Transportation segment, the company provides a range of services, including the transportation and sale of crude oil, the purchase and resale of NGL products, and the provision of logistics services to retailers and end-users. Additionally, Targa Resources offers NGL balancing services and transportation services to refineries and petrochemical companies in the Gulf Coast area.

Targa Resources has an extensive fleet of assets, including approximately 605 railcars, 137 tractors, 6 vacuum trucks, and 2 pressurized NGL barges, as of December 31, 2023. With its headquarters in Houston, Texas, the company has been in operation since 2005 and is committed to providing reliable and efficient energy infrastructure solutions.

For more information about Targa Resources Corp., visit their website at https://www.targaresources.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Targa Resources (TRGP) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Targa Resources (TRGP) - Stock Price & Dividends

TRGP Stock Overview

Market Cap in USD 25,837m
Sector Energy
Industry Oil & Gas Midstream
GiC SubIndustry Oil & Gas Storage & Transportation
TER 0.00%
IPO / Inception 2010-12-07

TRGP Stock Ratings

Growth 5y 81.7
Fundamental 33.7
Dividend 3.22
Rel. Performance vs Sector 3.99
Analysts 4.50/5
Fair Price Momentum 143.98 USD
Fair Price DCF 41.87 USD

TRGP Dividends

Yield 12m 1.85%
Yield on Cost 5y 6.83%
Dividends CAGR 5y -12.66%
Payout Consistency 89.6%

TRGP Growth Ratios

Growth 12m 75.65%
Growth Correlation 12m 77%
Growth Correlation 3m 61%
CAGR 5y 29.81%
CAGR/Mean DD 5y 1.80
Sharpe Ratio 12m 3.30
Alpha vs SP500 12m 38.12
Beta vs SP500 5y weekly 1.52
ValueRay RSI 70.32
Volatility GJR Garch 1y 19.41%
Price / SMA 50 5.26%
Price / SMA 200 27%
Current Volume 1582.3k
Average Volume 20d 1304.9k

External Links for TRGP Stock

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What is the price of TRGP stocks?
As of June 18, 2024, the stock is trading at USD 121.60 with a total of 1,582,313 shares traded.
Over the past week, the price has changed by +1.41%, over one month by +3.34%, over three months by +14.00% and over the past year by +73.57%.
What are the forecast for TRGP stock price target?
According to ValueRays Forecast Model, TRGP Targa Resources will be worth about 157.4 in June 2025. The stock is currently trading at 121.60. This means that the stock has a potential upside of +29.47%.
Issuer Forecast Upside
Wallstreet Target Price 126 3.62
Analysts Target Price 104.2 -14.3
ValueRay Target Price 157.4 29.5