1TRGP Stock Overview

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

1TRGP fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 35% below our estimate of its fair value

Earnings are forecast to grow 16.78% per year

Earnings grew by 9.2% over the past year

Analysts in good agreement that stock price will rise by 30.2%

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Significant insider selling over the past 3 months

Dividend of 2.47% is not well covered by free cash flows

Community vs My Fair Value

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Targa Resources Corp. Competitors

Eni

BIT:ENI

€37.2b

d'Amico International Shipping

BIT:DIS

€398.7m

Tenaris

BIT:TEN

€15.8b

Cheniere Energy Partners

NYSE:CQP

US$29.4b

Price History & Performance

Summary of share price highs, lows and changes for Targa Resources
Historical stock prices
Current Share Price	US$155.40
52 Week High	US$0
52 Week Low	US$0
Beta	1.75
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.19%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	1TRGP	IT Oil and Gas	IT Market
7D	n/a	-0.6%	2.8%
1Y	n/a	-18.9%	13.0%

Return vs Industry: Insufficient data to determine how 1TRGP performed against the Italian Oil and Gas industry.

Return vs Market: Insufficient data to determine how 1TRGP performed against the Italian Market.

Price Volatility

Is 1TRGP's price volatile compared to industry and market?
1TRGP volatility
1TRGP Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	7.0%
Market Average Movement	5.3%
10% most volatile stocks in IT Market	8.7%
10% least volatile stocks in IT Market	3.3%

Stable Share Price: 1TRGP's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: Insufficient data to determine 1TRGP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	3,370	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 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?
1TRGP fundamental statistics
Market cap	€31.06b
Earnings (TTM)	€1.06b
Revenue (TTM)	€14.49b

29.4x

P/E Ratio

2.1x

P/S Ratio

Is 1TRGP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1TRGP income statement (TTM)
Revenue	US$16.38b
Cost of Revenue	US$10.74b
Gross Profit	US$5.64b
Other Expenses	US$4.44b
Earnings	US$1.20b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	5.51
Gross Margin	34.42%
Net Profit Margin	7.30%
Debt/Equity Ratio	618.5%

How did 1TRGP perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

60%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/03 15:09
End of Day Share Price	2025/05/02 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Targa Resources Corp. is covered by 41 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ethan Bellamy	Baird
Richard Gross	Barclays
Theresa Chen	Barclays