Targa Resources Corp.

DB:TAR Stock Report

Market Cap: €43.3b

Targa Resources Future Growth

Future criteria checks 3/6

Targa Resources is forecast to grow earnings and revenue by 16% and 6.7% per annum respectively. EPS is expected to grow by 18.1% per annum. Return on equity is forecast to be 48.1% in 3 years.

Key information

16.0%

Earnings growth rate

18.1%

EPS growth rate

Oil and Gas earnings growth6.5%
Revenue growth rate6.7%
Future return on equity48.1%
Analyst coverage

Good

Last updated19 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:TAR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202622,2931,9371,7523,5657
12/31/202521,6331,6641,8173,6959
12/31/202418,0901,3183663,1758
9/30/202416,2161,2313213,280N/A
6/30/202416,2611,0654243,146N/A
3/31/202416,1021,0953392,918N/A
12/31/202316,0608288263,212N/A
9/30/202316,3768686072,791N/A
6/30/202317,8398448552,844N/A
3/31/202320,4918901,1972,802N/A
12/31/202220,9308971,0472,381N/A
9/30/202221,8172441,3492,347N/A
6/30/202220,9162111,6572,383N/A
3/31/202218,276-1281,7582,371N/A
12/31/202116,950-161,7982,303N/A
9/30/202114,0813191,9782,448N/A
6/30/202111,7371951,7752,309N/A
3/31/20219,8442101,2661,972N/A
12/31/20208,260-1,6857931,745N/A
9/30/20208,161-1,8283201,567N/A
6/30/20207,949-1,944-1661,576N/A
3/31/20208,421-2,034-7411,535N/A
12/31/20198,671-334-1,4881,390N/A
9/30/20198,795-327-2,3671,148N/A
6/30/20199,879-302-2,5511,153N/A
3/31/201910,328-182-2,3651,097N/A
12/31/201810,484-119-1,9711,144N/A
9/30/201810,589272-1,1421,322N/A
6/30/20189,735129N/A1,019N/A
3/31/20189,15878N/A975N/A
12/31/20178,815-63N/A940N/A
9/30/20178,125-497N/A809N/A
6/30/20177,645-339N/A844N/A
3/31/20177,361-420N/A915N/A
12/31/20166,691-278N/A837N/A
9/30/20166,326-72N/A900N/A
6/30/20166,306-19N/A1,008N/A
3/31/20166,42149N/A1,005N/A
12/31/20156,65958N/A1,035N/A
9/30/20157,04457N/A938N/A
6/30/20157,70075N/A822N/A
3/31/20158,00286N/A714N/A
12/31/20148,617102N/A762N/A
9/30/20148,68897N/A625N/A
6/30/20147,86683N/A626N/A
3/31/20147,21271N/A509N/A
12/31/20136,31565N/A383N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAR's forecast earnings growth (16% per year) is above the savings rate (1%).

Earnings vs Market: TAR's earnings (16% per year) are forecast to grow slower than the German market (21.1% per year).

High Growth Earnings: TAR's earnings are forecast to grow, but not significantly.

Revenue vs Market: TAR's revenue (6.7% per year) is forecast to grow faster than the German market (5.7% per year).

High Growth Revenue: TAR's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TAR's Return on Equity is forecast to be very high in 3 years time (48.1%).

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