TAR Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Targa Resources Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$108.10 |
| 52 Week High | US$109.80 |
| 52 Week Low | US$62.40 |
| Beta | 2.22 |
| 1 Month Change | 5.16% |
| 3 Month Change | 37.22% |
| 1 Year Change | 59.72% |
| 3 Year Change | 281.31% |
| 5 Year Change | 202.29% |
| Change since IPO | 490.39% |
Recent News & Updates
Recent updates
Shareholder Returns
| TAR | DE Oil and Gas | DE Market | |
|---|---|---|---|
| 7D | 2.9% | 2.4% | 1.8% |
| 1Y | 59.7% | -32.9% | 2.2% |
Return vs Industry: TAR exceeded the German Oil and Gas industry which returned -32.9% over the past year.
Return vs Market: TAR exceeded the German Market which returned 2.2% over the past year.
Price Volatility
| TAR volatility | |
|---|---|
| TAR Average Weekly Movement | 2.8% |
| Oil and Gas Industry Average Movement | 4.8% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.1% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: TAR's share price has been volatile over the past 3 months.
Volatility Over Time: TAR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 3,182 | Matt Meloy | www.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
| TAR fundamental statistics | |
|---|---|
| Market cap | €24.12b |
| Earnings (TTM) | €773.70m |
| Revenue (TTM) | €15.00b |
31.2x
P/E Ratio1.6x
P/S RatioIs TAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TAR income statement (TTM) | |
|---|---|
| Revenue | US$16.06b |
| Cost of Revenue | US$10.68b |
| Gross Profit | US$5.38b |
| Other Expenses | US$4.56b |
| Earnings | US$828.20m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 02, 2024
| Earnings per share (EPS) | 3.72 |
| Gross Margin | 33.52% |
| Net Profit Margin | 5.16% |
| Debt/Equity Ratio | 274.7% |
How did TAR perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield54%
Payout RatioDoes TAR pay a reliable dividends?
See TAR dividend history and benchmarks| Targa Resources dividend dates | |
|---|---|
| Ex Dividend Date | Apr 29 2024 |
| Dividend Pay Date | May 15 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 21 days |
Does TAR pay a reliable dividends?
See TAR dividend history and benchmarks