Targa Resources Corp.TRGP

$258.58-2.16 (-0.83%)
NYSEEnergy24:00 UTC

Company snapshot

Market Cap
$56B
Large-cap
+733%
2016 — today
10-Year Price
+522%
2016 — today
52-Week Range
$146.30$276.75
Current $258.58· 86%

Targa Resources Corp. operates critical North American midstream energy infrastructure through two divisions: Gathering and Processing, and Logistics and Transportation. The company manages the collection, treatment, and processing of natural gas, alongside the fractionation, storage, and distribution of NGLs and crude oil. Its extensive asset base includes 28,400 miles of pipelines, 42 processing plants, and 34 storage wells. Targa also provides marketing, wholesale propane distribution, and logistics services.

Valuation in context

P/E ratio
26.3
Above average
Pricier than usual over the last 10 years
P/B ratio
17.0
Near historic high
Near historic highs — last 10 years
EV / EBITDA
15.0
Historically pricey
Historically pricey — last 10 years
Dividend Yield
1.6%
Historically low
Historically low relative to the last 10 years
PEG ratio
0.4
Below average
Below the 10-year average
FCF Yield
0.5%
Below average
Below the 10-year average
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