Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Midstream

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. It is also 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. As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Revenue projections:

Revenue projections for TRGP
Revenue projections for TRGP

With Targa Resources Corp.'s revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.666000
forwardPE 21.939716
debtToEquity 548.630000
earningsGrowth 0.745000
revenueGrowth -0.079000
grossMargins 0.382920
operatingMargins 0.226210
trailingEps 8.490000
forwardEps 11.589940

With a current ratio of 0.666, TRGP may not have enough cash reserves and current assets to cover its short-term debts. This suggests potential liquidity concerns, as the company may struggle to meet its immediate financial obligations.
TRGP's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
TRGP's elevated debt-to-equity ratio suggests the company is leveraging debt heavily, increasing its financial risk. While this can support growth, it could also lead to challenges if the company's profitability or cash flow weakens.
TRGP's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
TRGP's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for TRGP's financial growth.

Price projections:

Price projections for TRGP
Price projections for TRGP

TRGP's price projections have been revised upward over time, suggesting that analysts are becoming more confident in the company's future. This trend points to increased optimism about TRGP's ability to grow.

Insider Transactions:

Insider Transactions for TRGP
Insider Transactions for TRGP


12 sell transactions of Targa Resources Corp. were recorded, with market price hovering near 203.41333389282227.No sell transactions occurred during the period under consideration.TRGP is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.

Recommendation changes over time:

Recommendations trend for TRGP
Recommendations trend for TRGP


The recent buy bias for TRGP from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see TRGP as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.