Targa Resources (TRGP) - Stock Price & Dividends

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

(NYSE:TRGP Stock) 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. 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, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas. Web URL: https://www.targaresources.com

Drawdown (Underwater) Chart

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

TRGP Stock Overview

Market Cap in USD 21,633m
Sector Energy
Industry Oil & Gas Midstream
GiC SubIndustry Oil & Gas Storage & Transportation
TER 0.00%
IPO / Inception 2010-12-07

TRGP Stock Ratings

Fundamental 1.44
Dividend 3.10
Growth 5y 7.46
Rel. Performance vs Sector 2.16
Analysts 4.55
Fair Price Total Ret. 103.91
Fair Price DCF 70.87

TRGP Dividends

Yield 12m 2.08%
Yield on Cost 5y 5.68%
Dividends CAGR 5y -12.66%
Payout Consistency 89.6%

TRGP Growth Ratios

Growth 12m 34.77%
Growth Correlation 12m 64%
Growth Correlation 3m 1%
CAGR 5y 22.27%
CAGR / Mean Drawdown 1.32
Sharpe Ratio 12m 1.17
Alpha vs SP500 12m -1.56
Beta vs SP500 5y weekly 1.47
CAPM 9.32%
Average Daily Range 2m 2.00%
Regime Oscillator 99.48
Volatility GJR Garch 1y 22.86%
Price / SMA 50 12.19%
Price / SMA 200 18.73%
Current Volume 3174.1k
Average Volume 20d 1911.7k
What is the price of TRGP stocks?
As of February 21, 2024, the stock is trading at USD 96.36 with a total of 3,174,102 shares traded.
Over the past week, the price has changed by +8.96%, over one month by +17.49%, over three months by +11.56% and over the past year by +34.77%.
Why is TRGP stock down?
Check with which Index or Commodity TRGP has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return TRGP Return S&P 500
1 Month 17.49% 2.97%
3 Months 11.56% 9.80%
12 Months 34.77% 26.37%
What is the forecast for TRGP stock price target?
According to ValueRays Forecast Model, TRGP Targa Resources will be worth about 112.3 in February 2025.
Issuer Forecast Upside
Wallstreet Target Price 107.3 11.4%
Analysts Target Price 104.2 8.1%
ValueRay Target Price 112.3 16.6%