Targa resources corp.TRGP.US Overview
TRGP Overall Performance
TRGP AI Analysis & Strategy
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TRGP Current Performance
1.83%
Targa resources corp.
0.75%
Avg of Sector
0.83%
S&P500
TRGP Key Information
TRGP Financial Forecast
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| Quarterly | EPS Forecast | QoQ | Max | Min |
|---|---|---|---|---|
| 2025Q1 | ||||
| 2025Q2 | ||||
| 2025Q3 | ||||
| 2025Q4 | ||||
| 2026Q1 |
TRGP Earnings Table
Unit : USD
| QTR | Non-GAAP EPS | EPS YoY | EPS Surprise % | Sales | Sales YoY | Sales Surprise % | NPM |
|---|---|---|---|---|---|---|---|
| Current | |||||||
| 2024Q4 | |||||||
| 2024Q3 | |||||||
| 2024Q2 | |||||||
| 2024Q1 |
TRGP Profile
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. 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. The company operates approximately 28,400 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 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
Price of TRGP
TRGP FAQ
When is TRGP's latest earnings report released?
The most recent financial report for Targa resources corp. (TRGP) covers the period of 2025Q2 and was published on 2025/06/30. This report is prepared according to IFRS/US GAAP standards and includes key financial indicators—Revenue, Profitability, Cash Flow, and Capital Structure. This information is essential for investors evaluating TRGP's short-term business performance and financial health. For the latest updates on TRGP's earnings releases, visit this page regularly.
Where does TRGP fall in the P/E River chart?
According to historical valuation range analysis, Targa resources corp. (TRGP)'s current price-to-earnings (P/E) ratio is 23.4, placing it in the Undervalued zone on the P/E River chart. This level indicates that the market's expectations for future earnings are already reflected in the share price, with the valuation currently leaning conservative. Investors are advised to further examine the company's fundamentals and its position in the industry cycle to validate whether the valuation is justified.
What is the operating profit of TRGP?
According to the latest financial report, Targa resources corp. (TRGP) reported an Operating Profit of 1.03B with an Operating Margin of 24.26% this period, representing a growth of 64.8% compared to the same period last year. Operating Profit reflects the company's core business efficiency and cost control, making it a key indicator for evaluating operational strength and profitability.
How is TRGP's revenue growth?
In the latest financial report, Targa resources corp. (TRGP) announced revenue of 4.26B, with a Year-Over-Year growth rate of 19.6%. Revenue growth can be driven by product mix changes, market share expansion, price adjustments, or international market penetration. Investors should also monitor gross margin and regional revenue distribution for a comprehensive view of growth quality and sustainability.
How much debt does TRGP have?
As of the end of the reporting period, Targa resources corp. (TRGP) had total debt of 16.85B, with a debt ratio of 0.72. Long-term debt comprises a higher/lower proportion. The level of financial leverage directly impacts the company's capital structure and interest coverage. If debt is high, pay attention to interest expenses and refinancing risks. Conversely, a low-leverage structure indicates greater risk tolerance but potentially less growth flexibility.
How much cash does TRGP have?
At the end of the period, Targa resources corp. (TRGP) held Total Cash and Cash Equivalents of 113.1M, accounting for 0 of total assets. Both current and quick ratios indicate robust short-term debt repayment ability. High cash reserves typically mean the company has strong liquidity, supporting operational needs, expansion investments, or shareholder returns.
Does TRGP go with three margins increasing?
In the latest report, Targa resources corp. (TRGP) achieved the “three margins increasing” benchmark, with a gross margin of 35.2%%, operating margin of 24.26%%, and net margin of 14.8%%. This demonstrates improvement in profitability, which is a key signal for fundamental analysis. Investors should consider margin trends alongside other financial indicators to assess TRGP's profit trajectory and future growth potential.
Is TRGP's EPS continuing to grow?
According to the past four quarterly reports, Targa resources corp. (TRGP)'s earnings per share (EPS) shows a steady growth trend, with the latest EPS at 2.88. If EPS continues to rise due to revenue growth and cost optimization, it can support P/E valuation recovery and attract long-term investors.
What is the FCF of TRGP?
Targa resources corp. (TRGP)'s Free Cash Flow (FCF) for the period is -47.8M, calculated as Operating Cash Flow minus Capital Expenditures, representing a fall of 128.92% compared with the previous period. Positive FCF growth provides stable funding for dividends, debt repayment, or strategic acquisitions, and is an important measure of true profitability and shareholder return potential.
What are the PEG ratio and PE ratio of TRGP?
The latest valuation data shows Targa resources corp. (TRGP) has a Price-To-Earnings (PE) ratio of 23.4 and a Price/Earnings-To-Growth (PEG) ratio of 0.07. A PEG below 1 usually suggests the market is underestimating growth potential, while a PEG above 1 indicates high growth expectations are already priced in. Investors should conduct a comprehensive valuation by considering historical growth, market forecasts, and industry cycles.