Targa Resources Corp. (New York Stock Exchange:TRGP)

About the company

Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil and storing, terminaling, and selling refined petroleum products. It operates through the following business segments: Gathering and Processing, and Logistics and Transportation. The Gathering and Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities; and assets used for crude oil gathering and terminaling. The Logistics and Transportation segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded on October 27, 2005 and is headquartered in Houston, TX.

Sector

Energy Minerals

Industry

Oil Refining and Marketing

Employees

2680

CEO

Matthew J. Meloy

Exchange

New York Stock Exchange

Website

http://www.targaresources.com

$8B

Total Revenue

3K

Employees

$4B

Market Capitalization

-1.89

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$1161M

Operating Margin (in %)

Total operating margin

$843M

Net Margin (in %)

Total net margin

$-1944M

Dividend Yield (in %)

Dividend per share

$2.83

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
Phillips 66 PSX 19677.90 88134.00 0.93 -15.91 -1.36
Marathon Petroleum Corp. MPC 17957.50 102406.00 0.75 -2.32 -7.51
Valero Energy Corp. VLO 14801.71 87627.00 0.77 14.14 1.21
Western Midstream Partners LP WES 3762.62 2835.00 1.25 8.91 14.80
Targa Resources Corp. TRGP 3672.08 7949.00 1.26 -1.89 -24.46
HollyFrontier Corp. HFC 2808.49 14270.00 0.52 -17.58 -1.12
CVR Energy, Inc. CVI 1015.05 4997.00 0.86 14.36 1.42
Delek US Holdings, Inc. DK 686.72 7974.00 0.49 -4.81 -1.79
PBF Energy, Inc. PBF 516.67 20525.00 0.22 -0.92 -2.70
Par Pacific Holdings, Inc. PARR 347.36 4520.00 0.92 -1.13 -6.88
Trecora Resources TREC 149.50 227.00 1.01 -14.24 -4.52

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Cerebellum GP LLC Increases Stake in Targa Resources Corp. (NYSE:TRGP)

3d ago, source: modernreaders.com

Cerebellum GP LLC increased its position in shares of Targa Resources Corp. (NYSE:TRGP) by 173.4% during the 3rd quarter, ...

Targa Resources Corp. Announces Quarterly Dividends and Timing of Third Quarter 2020 Earnings ...

13d ago, source: Associated Press

(GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect ...

Targa Resources Corp

6d ago, source: Bloomberg

Targa Resources Corp. owns general and limited partner interests in a limited partnership that provides midstream natural gas and natural gas liquid services. The Company gathers, compresses ...

Q4 2020 EPS Estimates for Targa Resources Corp. (NYSE:TRGP) Boosted by US Capital Advisors

12d ago, source: modernreaders.com

Equities researchers at US Capital Advisors boosted their Q4 2020 earnings estimates for shares of Targa Resources in a ...

Global Oil Trader Vitol Wins $158 Million Refund From Targa

6d ago, source: Bloomberg

Vitol, the world’s largest independent oil trader, won a $158 million refund in a contract dispute with a unit of Targa Resources Corp., according to lawyers for the parties. Texas state court ...

Targa Must Repay $129M In Failed Crude Processing Deal

9d ago, source: Law360

Law360 (October 19, 2020, 6:42 PM EDT) -- Midstream resource management company Targa Channelview LLC will have to return $129 million plus interest that energy company Vitol Americas Corp. paid ...

Targa Resources Corp. Overweight

9d ago, source: Business Insider

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net Summary: Targa Resources Corp. Overweight Analyst Opinions for Targa Resources Corp.More Latest Analyst Opinions 03:46 ...



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