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Targa Resources DB:TAR Stock Report

Last Price

€196.45

Market Cap

€42.2b

7D

8.2%

1Y

146.2%

Updated

21 Nov, 2024

Data

Company Financials +

TAR Stock Overview

Together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. More details

TAR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends2/6

Targa Resources Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Targa Resources
Historical stock prices
Current Share PriceUS$196.45
52 Week HighUS$198.50
52 Week LowUS$74.26
Beta2.24
11 Month Change28.86%
3 Month Change53.12%
1 Year Change146.18%
33 Year Change288.86%
5 Year Change488.17%
Change since IPO972.91%

Recent News & Updates

Recent updates

Shareholder Returns

TARDE Oil and GasDE Market
7D8.2%-0.3%-0.4%
1Y146.2%-36.8%7.1%

Return vs Industry: TAR exceeded the German Oil and Gas industry which returned -36.8% over the past year.

Return vs Market: TAR exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is TAR's price volatile compared to industry and market?
TAR volatility
TAR Average Weekly Movement4.0%
Oil and Gas Industry Average Movement6.1%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.0%
10% least volatile stocks in DE Market2.4%

Stable Share Price: TAR has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: TAR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20053,182Matt Meloywww.targaresources.com

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.

Targa Resources Corp. Fundamentals Summary

How do Targa Resources's earnings and revenue compare to its market cap?
TAR fundamental statistics
Market cap€42.20b
Earnings (TTM)€1.17b
Revenue (TTM)€15.47b

36.8x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TAR income statement (TTM)
RevenueUS$16.22b
Cost of RevenueUS$10.68b
Gross ProfitUS$5.54b
Other ExpensesUS$4.31b
EarningsUS$1.23b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.65
Gross Margin34.14%
Net Profit Margin7.59%
Debt/Equity Ratio313.2%

How did TAR perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

49%

Payout Ratio