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112.83
1.05%
  • Summary
  • Historical Data
  • Events
  • Income Statement
  • Balance Sheet
  • Cash Flow
Trading сonditions
Spread 0.18
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.026179 %
Charges from full value of position ($-4.97)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.026179%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.003957 %
Charges from full value of position ($0.75)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.003957%
Overnight fee time 21:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5%
Stock exchange United States of America
Commission on trade 0%

*Information provided by Capital.com

Targa Resources Corp ESG Risk Ratings

High Medium Low Negligible

‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats
Prev. Close* 111.66
Open* 112.21
1-Year Change* 45.9%
Day's Range* 112.21 - 113.75
52 wk Range 64.85-91.44
Average Volume (10 days) 1.60M
Average Volume (3 months) 33.81M
Market Cap 18.42B
P/E Ratio 21.66
Shares Outstanding 222.98M
Revenue 16.38B
EPS 3.81
Dividend (Yield %) 2.4216
Beta 2.17
Next Earnings Date Feb 15, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Apr 19, 2024 112.83 1.15 1.03% 111.68 113.84 111.50
Apr 18, 2024 111.66 -0.09 -0.08% 111.75 112.80 111.17
Apr 17, 2024 112.15 -1.36 -1.20% 113.51 114.18 111.39
Apr 16, 2024 113.97 0.42 0.37% 113.55 114.82 112.57
Apr 15, 2024 114.24 -1.17 -1.01% 115.41 116.61 113.45
Apr 12, 2024 114.61 -1.25 -1.08% 115.86 117.54 113.88
Apr 11, 2024 115.22 1.00 0.88% 114.22 115.42 113.27
Apr 10, 2024 114.59 1.31 1.16% 113.28 115.63 113.00
Apr 9, 2024 114.34 -1.38 -1.19% 115.72 116.02 113.45
Apr 8, 2024 115.89 0.61 0.53% 115.28 116.87 114.91
Apr 5, 2024 115.88 1.77 1.55% 114.11 116.08 114.11
Apr 4, 2024 114.27 -1.86 -1.60% 116.13 116.48 113.67
Apr 3, 2024 115.95 2.19 1.93% 113.76 116.06 113.76
Apr 2, 2024 113.23 0.93 0.83% 112.30 113.27 111.61
Apr 1, 2024 112.13 0.21 0.19% 111.92 112.42 110.90
Mar 28, 2024 111.89 0.59 0.53% 111.30 112.22 110.00
Mar 27, 2024 110.98 0.60 0.54% 110.38 111.78 110.12
Mar 26, 2024 110.54 -0.81 -0.73% 111.35 111.49 110.13
Mar 25, 2024 111.51 1.35 1.23% 110.16 112.32 110.16
Mar 22, 2024 110.79 0.57 0.52% 110.22 111.53 110.22

Targa Resources Events

Time (UTC) Country Event
Monday, April 29, 2024

Time (UTC)

12:00

Country

US

Event

Targa Resources Corp
Targa Resources Corp

Forecast

-

Previous

-
Thursday, May 2, 2024

Time (UTC)

12:30

Country

US

Event

Q1 2024 Targa Resources Corp Earnings Release
Q1 2024 Targa Resources Corp Earnings Release

Forecast

-

Previous

-

Time (UTC)

15:00

Country

US

Event

Q1 2024 Targa Resources Corp Earnings Call
Q1 2024 Targa Resources Corp Earnings Call

Forecast

-

Previous

-
Thursday, May 16, 2024

Time (UTC)

13:00

Country

US

Event

Targa Resources Corp Annual Shareholders Meeting
Targa Resources Corp Annual Shareholders Meeting

Forecast

-

Previous

-
Wednesday, May 22, 2024

Time (UTC)

13:00

Country

US

Event

Targa Resources Corp Annual Shareholders Meeting
Targa Resources Corp Annual Shareholders Meeting

Forecast

-

Previous

-
Thursday, August 1, 2024

Time (UTC)

12:30

Country

US

Event

Q2 2024 Targa Resources Corp Earnings Release
Q2 2024 Targa Resources Corp Earnings Release

Forecast

-

Previous

-
View all events
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total revenue 20929.8 16949.8 8260.3 8671.1 10484
Revenue 20929.8 16949.8 8260.3 8671.1 10484
Cost of Revenue, Total 16882.1 13729.5 5105.1 6118.5 8238.2
Gross Profit 4047.7 3220.3 3155.2 2552.6 2245.8
Total Operating Expense 18814.5 16101.6 9518.4 8410.3 10248.5
Selling/General/Admin. Expenses, Total 327.4 285.4 268.8 290.8 260.1
Depreciation / Amortization 1096 870.6 865.1 971.6 815.9
Unusual Expense (Income) -386.1 481.2 2511.2 246.4 211.9
Other Operating Expenses, Total 895.1 734.9 768.2 783 722.4
Operating Income 2115.3 848.2 -1258.1 260.8 235.5
Interest Income (Expense), Net Non-Operating -437 -411.8 -318.7 -298.8 -178.5
Other, Net -15.1 0.5 3.7 -8.7 8.9
Net Income Before Taxes 1663.2 436.9 -1573.1 -46.7 65.9
Net Income After Taxes 1531.4 422.1 -1325 41.2 60.4
Minority Interest -335.9 -350.9 -228.9 -250.4 -58.8
Net Income Before Extra. Items 1195.5 71.2 -1553.9 -209.2 1.6
Net Income 1195.5 71.2 -1553.9 -209.2 1.6
Total Adjustments to Net Income -298.7 -87.3 -130.9 -124.8 -120.9
Income Available to Common Excl. Extra. Items 896.8 -16.1 -1684.8 -334 -119.3
Income Available to Common Incl. Extra. Items 896.8 -16.1 -1684.8 -334 -119.3
Diluted Net Income 896.8 -16.1 -1684.8 -334 -119.3
Diluted Weighted Average Shares 231.1 228.6 232.2 232.5 224.2
Diluted EPS Excluding Extraordinary Items 3.88057 -0.07043 -7.25581 -1.43656 -0.53211
Dividends per Share - Common Stock Primary Issue 1.4 0.4 1.21 3.64 3.64
Diluted Normalized EPS 2.43748 2.62509 0.37595 -0.7477 0.33414
Total Extraordinary Items 0 0
Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022
Total revenue 3403.7 4520.5 4554.8 5360.1 6055.8
Revenue 3403.7 4520.5 4554.8 5360.1 6055.8
Cost of Revenue, Total 2068.9 3019 3324.3 4306.3 5047.3
Gross Profit 1334.8 1501.5 1230.5 1053.8 1008.5
Total Operating Expense 2754.6 3683.8 4003.4 4930.1 5201.8
Selling/General/Admin. Expenses, Total 81 82.4 92.5 79.1 71
Depreciation / Amortization 332.1 324.8 329.8 287.2 269.9
Unusual Expense (Income) 0 0 -402.1
Other Operating Expenses, Total 272.6 257.6 256.8 257.5 215.7
Operating Income 649.1 836.7 551.4 430 854
Interest Income (Expense), Net Non-Operating -163.2 -168.2 -145.2 -124.1 -79.8
Other, Net -2 -3 -0.5 -14.6 0.5
Net Income Before Taxes 483.9 665.5 405.7 291.3 774.7
Net Income After Taxes 387.5 555.2 395.9 279.3 687.6
Minority Interest -58.2 -58.2 -77.9 -86.2 -91.2
Net Income Before Extra. Items 329.3 497 318 193.1 596.4
Net Income 329.3 497 318 193.1 596.4
Total Adjustments to Net Income 0 -490.7 -0.1 0 -223.7
Income Available to Common Excl. Extra. Items 329.3 6.3 317.9 193.1 372.7
Income Available to Common Incl. Extra. Items 329.3 6.3 317.9 193.1 372.7
Diluted Net Income 329.3 6.3 317.9 193.1 372.7
Diluted Weighted Average Shares 226.8 229.3 229.9 230.3 231.7
Diluted EPS Excluding Extraordinary Items 1.45194 0.02747 1.38278 0.83847 1.60855
Dividends per Share - Common Stock Primary Issue 0.5 0.35 0.35 0.35 0.35
Diluted Normalized EPS 1.45194 0.02529 1.41758 0.90717 0.06784
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total Current Assets 2356.6 1769.8 1460.3 1658.3 1418.9
Cash and Short Term Investments 219 158.5 242.8 331.1 232.1
Cash & Equivalents 219 158.5 242.8 331.1 232.1
Total Receivables, Net 1408.4 1331.9 862.8 855 865.5
Accounts Receivable - Trade, Net 1408.4 1331.9 862.8 855 865.5
Total Inventory 393.8 153.4 181.5 161.5 164.7
Other Current Assets, Total 335.4 126 173.2 310.7 156.6
Total Assets 19560 15208.2 15875.7 18815.1 16938.2
Property/Plant/Equipment, Total - Net 14214.6 11667.7 12173.6 14590.5 12928.4
Property/Plant/Equipment, Total - Gross 23913.2 20596.1 20185 19918.8 17220.7
Accumulated Depreciation, Total -9698.6 -8928.4 -8011.4 -5328.3 -4292.3
Goodwill, Net 45.2 45.2 45.2 45.2 46.6
Intangibles, Net 2734.6 1094.8 1382.4 1735 1983.2
Long Term Investments 131.3 586.5 714 738.7 490.5
Other Long Term Assets, Total 77.7 44.2 100.2 47.4 70.6
Total Current Liabilities 3066.7 2298.5 1779.4 1872.6 2798.8
Accounts Payable 1448.8 1402.3 833.8 683.6 721.9
Accrued Expenses 447.3 410.7 319 287.2 137.2
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 834.3 162.8 368.6 382.2 1027.9
Other Current Liabilities, Total 336.3 322.7 258 519.6 911.8
Total Liabilities 16894.3 12446.7 12920.4 13615.5 10613.1
Total Long Term Debt 10702.1 6434.4 7387.1 7440.2 5632.4
Long Term Debt 10509.1 6420.7 7368.4 7414.4 5632.4
Deferred Income Tax 327.7 136 152.1 434.2 525.2
Minority Interest 2316.5 3166.9 3249.3 3522.1 1391.4
Other Liabilities, Total 481.3 410.9 352.5 346.4 265.3
Total Equity 2665.7 2761.5 2955.3 5199.6 6325.1
Redeemable Preferred Stock 0 919.3 919.3 965.1 965.1
Preferred Stock - Non Redeemable, Net -169.6 -617.9 -686.3 -719.4
Common Stock 0.2 0.2 0.2 0.2 0.2
Additional Paid-In Capital 3702.3 4268.9 4839.9 5221.2 6154.9
Retained Earnings (Accumulated Deficit) -626.8 -1822.3 -1893.5 -339.6 -130.4
Treasury Stock - Common -464.7 -204.1 -150.9 -53.5 -39.6
Other Equity, Total 54.7 -230.9 -141.8 92.5 94.3
Total Liabilities & Shareholders’ Equity 19560 15208.2 15875.7 18815.1 16938.2
Total Common Shares Outstanding 226.042 228.221 228.062 232.844 231.791
Total Preferred Shares Outstanding 0.9193 0.9193 0.9193 0.9651 0.9651
Capital Lease Obligations 193 13.7 18.7 25.8
Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022
Total Current Assets 2139.3 1728.8 1638.8 2356.6 2497.3
Cash and Short Term Investments 139.5 169.4 211.8 219 192.9
Cash & Equivalents 139.5 169.4 211.8 219 192.9
Total Receivables, Net 1241.1 988.1 1023.4 1408.4 1534.9
Accounts Receivable - Trade, Net 1241.1 988.1 1023.4 1408.4 1534.9
Total Inventory 536.2 312.3 156.2 393.8 471.3
Other Current Assets, Total 222.5 259 247.4 335.4 298.2
Total Assets 20189.6 19461.8 19025.5 19560 19389.9
Property/Plant/Equipment, Total - Net 15333.5 14890.4 14470 14214.6 13716.4
Property/Plant/Equipment, Total - Gross 25574.2 25005.6 24382.4 23913.2 23259.2
Accumulated Depreciation, Total -10240.7 -10115.2 -9912.4 -9698.6 -9542.8
Intangibles, Net 2446.6 2542.6 2638.6 2734.6 2839.7
Long Term Investments 138.3 131.8 134.7 131.3 136.4
Other Long Term Assets, Total 131.9 168.2 143.4 122.9 200.1
Total Current Liabilities 2682.1 2320.6 2466.6 3066.7 3393.7
Accounts Payable 1581.3 1173.3 1255.3 1448.8 1806.4
Accrued Expenses 393 510.2 315.7 447.3 394.6
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 602 586 739 834.3 766.5
Other Current Liabilities, Total 105.8 51.1 156.6 336.3 426.2
Total Liabilities 17683.5 16786.6 16474.8 16894.3 17005.4
Total Long Term Debt 12318.4 11812.8 11439.6 10702.1 10431.3
Long Term Debt 12080 11588 11230.7 10509.1 10391.4
Capital Lease Obligations 238.4 224.8 208.9 193 39.9
Deferred Income Tax 418.3 405.1 298.3 327.7 301.4
Minority Interest 1871.7 1865 1861.5 2316.5 2346.9
Other Liabilities, Total 393 383.1 408.8 481.3 532.1
Total Equity 2506.1 2675.2 2550.7 2665.7 2384.5
Redeemable Preferred Stock 0 0 0
Preferred Stock - Non Redeemable, Net 0
Common Stock 0.2 0.2 0.2 0.2 0.2
Additional Paid-In Capital 3061.5 3045.8 3146 3702.3 3767.8
Retained Earnings (Accumulated Deficit) 305.5 199.5 -129.8 -626.8 -944.8
Treasury Stock - Common -855.8 -701.1 -550.5 -464.7 -432
Other Equity, Total -5.3 130.8 84.8 54.7 -6.7
Total Liabilities & Shareholders’ Equity 20189.6 19461.8 19025.5 19560 19389.9
Total Common Shares Outstanding 223.081 224.052 226.136 226.042 226.258
Total Preferred Shares Outstanding 0 0 0.9193 0
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Net income/Starting Line 1531.4 422.1 -1325 41.2 60.4
Cash From Operating Activities 2380.8 2302.9 1744.5 1389.8 1144
Cash From Operating Activities 1096 870.6 865.1 971.6 815.9
Deferred Taxes 125.1 12.1 -232.7 -87.9 5.5
Non-Cash Items -19.9 708.3 2291 404.2 204.3
Cash Taxes Paid 1.6 1.3 43.7 -1.9 -0.5
Cash Interest Paid 401.3 356 374.1 287.7 217.2
Changes in Working Capital -351.8 289.8 146.1 60.7 57.9
Cash From Investing Activities -4149.7 -473.2 -738.1 -3071.9 -3146.9
Capital Expenditures -1539.5 -505.1 -951.6 -2877.8 -3114.8
Other Investing Cash Flow Items, Total -2610.2 31.9 213.5 -194.1 -32.1
Cash From Financing Activities 1829.4 -1914 -1094.7 1781.1 2097.8
Financing Cash Flow Items -1262.3 -493.8 -407.6 1630.7 722.4
Total Cash Dividends Paid -379.7 -187.5 -395.9 -964.8 -919.6
Issuance (Retirement) of Stock, Net -1225.8 -53.2 -268.2 -13.9 685
Issuance (Retirement) of Debt, Net 4697.2 -1179.5 -23 1129.1 1610
Net Change in Cash 60.5 -84.3 -88.3 99 94.9
Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022
Net income/Starting Line 555.2 1531.4 1135.5 856.2 168.6
Cash From Operating Activities 1169.8 2380.8 1843.3 1383.7 748.2
Cash From Operating Activities 324.8 1096 766.2 479 209.1
Deferred Taxes 106 125.1 116.4 105.8 21.1
Non-Cash Items -156.3 -19.9 -51.9 -177.4 204.2
Cash Taxes Paid 0.1 1.6 1.1 1.1 0.2
Cash Interest Paid 211.6 401.3 332.6 180.5 151.3
Changes in Working Capital 340.1 -351.8 -122.9 120.1 145.2
Cash From Investing Activities -480.8 -4149.7 -3647.6 248.4 -197
Capital Expenditures -475.7 -1539.5 -1019.1 -623.2 -204.4
Other Investing Cash Flow Items, Total -5.1 -2610.2 -2628.5 871.6 7.4
Cash From Financing Activities -696.2 1829.4 1838.7 -1636.6 -573.8
Financing Cash Flow Items -1143.1 -1262.3 -1208.8 -1121 -1024.7
Total Cash Dividends Paid -85.3 -379.7 -298.8 -217.8 -108
Issuance (Retirement) of Stock, Net -85.8 -1225.8 -1193.1 -1111.5 -72.2
Issuance (Retirement) of Debt, Net 618 4697.2 4539.4 813.7 631.1
Net Change in Cash -7.2 60.5 34.4 -4.5 -22.6

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Targa Resources Company profile

About Targa Resources Corp

Targa Resources Corp. is a midstream infrastructure company in North America. The Company owns, operates, acquires, and develops a diversified portfolio of domestic midstream infrastructure assets. The Company operates through two segments: Gathering and Processing, and Logistics and Transportation. The Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells, removing impurities and processing this raw natural gas into merchantable natural gas by extracting natural gas liquids (NGLs); and assets used for the gathering and terminaling and/or purchase and sale of crude oil. The Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products and also includes other assets and value-added services such as transporting, storing, fractionating, terminaling, and marketing of NGLs and NGL products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Targa Resources Corp revenues increased from $8.26B to $16.95B. Net loss applicable to common stockholders decreased 99% to $16.1M. Revenues reflect Logistics and Transportation segment increase from $6.88B to $16.16B, Gathering and processing segment increase from $1.15B to $7.43B. Lower net loss reflects Gathering and processing segment income increase of 30% to $1.33B.

Equity composition

Common Stock $.001 Par, 12/10, 300M auth., 42,349,738 issd. Insiders own 9.43%. IPO: TBA.

Industry: Oil & Gas Transportation Services (NEC)

1000 Louisiana Street, Suite 4300
Targa Resources Partners Lp
HOUSTON
TEXAS 77002
US

Income Statement

  • Annual
  • Quarterly

News

Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported

Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.

07:56, 17 April 2024

US Earnings Season : JP Morgan, Citigroup, Wells Fargo

The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.

16:03, 11 April 2024

Reserve Bank of New Zealand Preview: Rates expected to remain on hold as inflation fight continues

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.

09:22, 11 April 2024

US CPI Preview: US inflation expected to grind lower amid fears about sticky prices

US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).

15:11, 9 April 2024

How escalating geopolitical tensions are impacting oil markets

The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.

13:34, 4 April 2024

A way forward: a roundup of recent central bank decisions

Five of the world’s most significant central banks delivered policy this week. We review the decisions and discuss their impact on the markets.

12:47, 22 March 2024

Bank of Japan Preview: will the BOJ end negative interest rates?

The Bank of Japan meets on Tuesday 19th of March. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.

08:44, 18 March 2024

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