TRGP - Targa Resources Corp.
NYSE
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Energy
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Oil & Gas Midstream
Houston,
United States
Type: Equity
TRGP price evolution
TRGP
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $166.4 | $109.9 | $141.7 | |
| Short term investments | ||||
| Net receivables | $1301.2 | $1216.9 | $1483.7 | $1471 |
| Inventory | $414.9 | $320.6 | $224.5 | $371.5 |
| Total current assets | $2028.2 | $1866.6 | $1973 | $2194.6 |
| Long term investments | $159.8 | $152.2 | $146.3 | |
| Property, plant & equipment | $17425.2 | $16891.2 | $16282.8 | $15806.4 |
| Goodwill & intangible assets | $2164 | $2257.3 | $2350.6 | |
| Total noncurrent assets | $19397.6 | $18873.1 | $18477.2 | |
| Total investments | $159.8 | $152.2 | $146.3 | |
| Total assets | $21903.8 | $21264.2 | $20846.1 | $20671.8 |
| Current liabilities | ||||
| Accounts payable | $1467.9 | $1686.8 | $1709.5 | $1574.9 |
| Deferred revenue | ||||
| Short long term debt | $601.2 | $546.1 | $620.7 | |
| Total current liabilities | $2627.3 | $2890.6 | $2814.5 | $2760.9 |
| Long term debt | $13601.4 | $12965.8 | $12509.9 | $12333.2 |
| Total noncurrent liabilities | $14024.6 | $13454 | $13300.9 | |
| Total debt | $13567 | $13056 | $12953.9 | |
| Total liabilities | $19329.9 | $16915.2 | $16268.5 | $16061.8 |
| Shareholders' equity | ||||
| Retained earnings | $1004.7 | $783.9 | $654.1 | $492 |
| Other shareholder equity | $65.1 | $11.4 | $33.9 | $85.6 |
| Total shareholder equity | $2467.5 | $2703.9 | $2739.7 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $141.7 | $219 | $158.5 | $242.8 |
| Short term investments | ||||
| Net receivables | $1471 | $1408.4 | $1331.9 | $862.8 |
| Inventory | $371.5 | $393.8 | $153.4 | $181.5 |
| Total current assets | $2194.6 | $2356.6 | $1769.8 | $1460.3 |
| Long term investments | $146.3 | $131.3 | $586.5 | $714 |
| Property, plant & equipment | $15806.4 | $14214.6 | $11667.7 | $12173.6 |
| Goodwill & intangible assets | $2350.6 | $2734.6 | $1094.8 | $1382.4 |
| Total noncurrent assets | $18477.2 | $17203.4 | $13438.4 | $14415.4 |
| Total investments | $146.3 | $131.3 | $586.5 | $714 |
| Total assets | $20671.8 | $19560 | $15208.2 | $15875.7 |
| Current liabilities | ||||
| Accounts payable | $1574.9 | $1448.8 | $1466.8 | $949.2 |
| Deferred revenue | ||||
| Short long term debt | $620.7 | $834.3 | $162.8 | $368.6 |
| Total current liabilities | $2760.9 | $3066.7 | $2298.5 | $1779.4 |
| Long term debt | $12333.2 | $10702.1 | $6434.4 | $7387.1 |
| Total noncurrent liabilities | $13300.9 | $11511.1 | $7731 | $8193.1 |
| Total debt | $12953.9 | $11536.4 | $6597.2 | $7755.7 |
| Total liabilities | $16061.8 | $16894.3 | $10029.5 | $9972.5 |
| Shareholders' equity | ||||
| Retained earnings | $492 | -$626.8 | -$1822.3 | -$1893.5 |
| Other shareholder equity | $85.6 | $54.7 | -$230.9 | -$141.8 |
| Total shareholder equity | $2739.7 | $2665.7 | $2011.8 | $2653.9 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3851.8 | $3562 | $4562.4 | $4239.5 |
| Cost of revenue | $2488.1 | $3496 | $3168 | |
| Gross Profit | $1486.8 | $1073.9 | $1066.4 | $1071.5 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $98.3 | $86.5 | $95.3 | |
| Total operating expenses | $758.6 | $446.7 | $427 | $436.2 |
| Operating income | $627.2 | $639.4 | $635.3 | |
| Income from continuing operations | ||||
| EBIT | $568.8 | $586.5 | $580.1 | |
| Income tax expense | $97 | $94.3 | $82.7 | $102.5 |
| Interest expense | -$182.7 | $176 | $228.6 | $178 |
| Net income | ||||
| Net income | $384.5 | $298.5 | $275.2 | $299.6 |
| Income (for common shares) | $298.5 | $275.2 | $280.2 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $16060.3 | $20929.8 | $16949.8 | $8260.3 |
| Cost of revenue | $11754.3 | $17794.9 | $14476.5 | $5884.9 |
| Gross Profit | $4306 | $3134.9 | $2473.3 | $2375.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $348.7 | $309.7 | $273.2 | $254.6 |
| Total operating expenses | $1679.8 | $1405.9 | $1608.5 | $3679.1 |
| Operating income | $2626.2 | $1729 | $864.8 | -$1303.7 |
| Income from continuing operations | ||||
| EBIT | $2396.9 | $1773.4 | $473.9 | -$1410.7 |
| Income tax expense | $363.2 | $131.8 | $14.8 | -$248.1 |
| Interest expense | $687.8 | $446.1 | $387.9 | $391.3 |
| Net income | ||||
| Net income | $1345.9 | $1195.5 | $71.2 | -$1553.9 |
| Income (for common shares) | $835.8 | $896.8 | -$16.1 | -$1684.8 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $298.5 | $275.2 | $299.6 | |
| Operating activities | ||||
| Depreciation | $348.6 | $340.5 | $341.4 | |
| Business acquisitions & disposals | -$10.4 | -$8.7 | -$8.7 | |
| Stock-based compensation | $15.1 | $14.6 | $16.7 | |
| Total cash flows from operations | $904.5 | $876.4 | $957.7 | |
| Investing activities | ||||
| Capital expenditures | -$739.2 | -$668.9 | -$718.2 | |
| Investments | ||||
| Total cash flows from investing | -$2275 | -$749.8 | -$677.9 | -$727 |
| Financing activities | ||||
| Dividends paid | -$450.6 | -$167.6 | -$116.6 | -$112.5 |
| Sale and purchase of stock | -$355.3 | -$160.2 | -$41 | |
| Net borrowings | $480.6 | $99.2 | $39.1 | |
| Total cash flows from financing | -$61.3 | -$98.2 | -$230.3 | -$228.5 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$14.5 | $56.5 | -$31.8 | $2.2 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1345.9 | $1195.5 | $71.2 | -$1553.9 |
| Operating activities | ||||
| Depreciation | $1329.6 | $1096 | $870.6 | $865.1 |
| Business acquisitions & disposals | -$19.1 | -$3693.8 | $31.8 | $209.2 |
| Stock-based compensation | $62.4 | $57.5 | $59.2 | $66.2 |
| Total cash flows from operations | $3211.6 | $2380.8 | $2302.9 | $1744.5 |
| Investing activities | ||||
| Capital expenditures | -$2380.7 | -$1311.3 | -$505.1 | -$951.6 |
| Investments | $857 | |||
| Total cash flows from investing | -$2400.8 | -$4149.7 | -$473.2 | -$738.1 |
| Financing activities | ||||
| Dividends paid | -$427.3 | -$379.7 | -$187.5 | -$384.2 |
| Sale and purchase of stock | -$429.5 | -$260.6 | -$53.2 | -$97.4 |
| Net borrowings | $1336.1 | $4697.2 | -$1179.5 | -$23 |
| Total cash flows from financing | -$888.1 | $1829.4 | -$1914 | -$1094.7 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$77.3 | $60.5 | -$84.3 | -$88.3 |
News
Fundamentals
| Market cap | $35.19B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 218.33M |
| Revenue | $16.22B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $1.26B |
| Revenue Q/Q | -1.15% |
| Revenue Y/Y | -0.98% |
| P/E ratio | 27.98 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.17 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $5.76 |
|---|---|
| ROA | 5.94% |
| ROE | N/A |
| Debt/Equity | 5.86 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.77 |
| Quick ratio | 0.61 |