Targa Resources Corp.

Energy / Oil & Gas Midstream

Targa Resources Corp., together with its subsidiaries, 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. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Performance

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TRGP

Metrics

Market Cap60B
Latest Price$284.76
Previous Close$284.77
Volume848K
52 Week High$291.04
52 Week Low$144.14
52 Week Change68.14%
Average Volume1.2M
Revenue17B
EPS9.79
P/E Ratio28.736
Forward P/E23.515
Price/Book19.26
Profit Margin0.13%
Operating Margin0.21%
Return on Equity0.74%
Dividend Yield1.78%

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