Targa Resources Corp. TRGP | NYSE

$176.79 $4.26 | 2.47%

After Hours
$175.73 -$1.06 | -0.60%

Company Overview:

Market Cap: $38.55B
PE Ratio: 31.91
52-Week Range: $81.03 - $209.87
Dividend Yield (FWD): 1.70% ($3.00)

10 Year Performance Metrics:

Total Return (with DRIP): 190.20% (11.24% / yr)
Total Return (no DRIP): 99.10% (7.13% / yr)
Share Price: 73.95%
Dividend Increase: -3.23%
TRGP 10-yr Total Return ($10,000 investment)
1Y 2Y 5Y 10Y All

TRGP Dividend Payments, Yield & Share Price charts

Dividend Payments & Yield
TRGP Dividend CAGR:1Y: 50.00%2Y: 46.39%5Y: -3.79%10Y: 0.24%
Share Price
TRGP Price CAGR:1Y: 106.10%2Y: 59.17%5Y: 34.80%10Y: 5.57%

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TRGP Dividend Safety: Payout & Dividend to Free Cash Flow Ratios.

Dividend payout ration is Dividend/EPS, and indicates if company can afford to pay dividends from net income that it earned in the quarter.

Since EPS can be played with using different "accounting gymnastics", a better measure of dividends safety is Dividend to Free Cash Flow (FCF) ratio.

FCF is how much cash the company has earned each quarter, after paying all expenses not related to earnings.

Lower Ratio indicates SAFER Dividend! Ratios consistently close to, or over 100% are usually unsustainable and often indicate a dividend cut might be coming soon.

Dividend Payout Ratio - TRGP
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Dividend to Free Cash Flow Ratio - TRGP
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TRGP Earnings, Revenue, Cash & Debt, Shares Outstaning:

TRGP - EPS vs PE Ratio
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TRGP - FCF vs FCF / Share
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TRGP - EPS vs FCF / Share
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TRGP - FCF vs Stock Based Comp
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TRGP - Revenue vs Net Income
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TRGP - Cash & Debt
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TRGP - Revenue
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TRGP Revenue CAGR:1Y: -1.15%2Y: -15.23%5Y: 15.15%10Y: 5.35%
TRGP - Earnings Per Share (EPS)
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TRGP EPS CAGR:1Y: 80.41%2Y: 20.26%5Y: 60.80%10Y: 9.14%
TRGP - Net Income
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TRGP Net Income CAGR:1Y: 76.09%2Y: 17.77%5Y: 59.09%10Y: 28.86%
TRGP - EBITDA
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TRGP EBITDA CAGR:1Y: 29.44%2Y: 24.20%5Y: 33.43%10Y: 15.53%
TRGP - Free Cash Flow
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TRGP Free Cash Flow CAGR:1Y: 56.13%2Y: N/A5Y: -1.87%10Y: 17.48%
TRGP - Free Cash Flow / Share
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TRGP Free Cash Flow / Share CAGR:1Y: 59.55%2Y: N/A5Y: -0.80%10Y: -0.40%
TRGP - Gross Profit
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TRGP Gross Profit CAGR:1Y: -5.13%2Y: 4.08%5Y: 20.26%10Y: 10.00%
TRGP - Expenses
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TRGP Expenses CAGR:1Y: 40.07%2Y: 44.69%5Y: 3.94%10Y: 18.48%
TRGP - Shares Outstanding
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TRGP Shares Outstanding CAGR:1Y: -2.27%2Y: -2.26%5Y: -1.12%10Y: 17.98%
TRGP - Share Buybacks
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TRGP Share Buybacks CAGR:1Y: 20.12%2Y: 50.37%5Y: N/A10Y: 39.52%
TRGP - Stock-Based Comp
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TRGP Stock-Based Comp CAGR:1Y: 12.74%2Y: 10.48%5Y: 1.66%10Y: 18.29%
TRGP - Dividends
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TRGP Dividend CAGR:1Y: 50.00%2Y: 46.39%5Y: -3.79%10Y: 0.24%
TRGP - Revenue by Segment
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TRGP Revenue CAGR:1Y: -1.15%2Y: -15.23%5Y: 15.15%10Y: 5.35%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

TRGP - REVENUE: Actual + Estimates
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TRGP Actual Revenue CAGR:1Y: -1.15%2Y: -15.23%5Y: 15.15%10Y: 5.35%
TRGP - EPS: Actual + Estimates
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TRGP Actual EPS CAGR:1Y: 80.41%2Y: 20.26%5Y: 60.80%10Y: 9.14%
TRGP - NET INCOME: Actual + Estimates
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TRGP Actual Net Income CAGR:1Y: 76.09%2Y: 17.77%5Y: 59.09%10Y: 28.86%
TRGP - EBITDA: Actual + Estimates
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TRGP Actual EBITDA CAGR:1Y: 29.44%2Y: 24.20%5Y: 33.43%10Y: 15.53%

Ratios, Profit Margins & Return on Capital:

TRGP - Net Profit Margin
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TRGP Net Profit Margin CAGR:1Y: 78.05%2Y: 38.96%5Y: 43.29%10Y: 22.33%
TRGP - Gross Profit Margin
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TRGP Gross Profit Margin CAGR:1Y: -4.01%2Y: 22.79%5Y: 4.44%10Y: 4.42%
TRGP - Price to Earnings
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TRGP - Price To Sales Ratio
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TRGP - Return on Capital Employed
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TRGP - Return on Invested Capital
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TRGP Dividends Info:

Annual Dividend: $3.00
Forward Yield: 1.7%
Ex-Dividend Date: 2024-10-31
Lifetime Dividens / Share: $32.74

TRGP Dividend History: Dates, Payments & Yield list

Below is a schedule of all TRGP dividend payments, ex-dates, share price on the day of the payment as well as TTM & forward yield

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
10/31/202411/15/2024$0.7501.65%1.8%$166.96
07/31/202408/15/2024$0.7501.85%2.22%$135.28
04/29/202405/15/2024$0.7501.92%2.56%$117.20
01/30/202402/15/2024$0.5002.3%2.3%$87.04
10/30/202311/15/2023$0.5002.21%2.39%$83.60
07/28/202308/15/2023$0.5002.11%2.48%$80.63
04/27/202305/15/2023$0.5002.09%2.69%$74.28
01/30/202302/15/2023$0.3501.9%1.9%$73.84
10/28/202211/15/2022$0.3502.08%2.08%$67.16
07/28/202208/15/2022$0.3501.71%2.08%$67.35
04/28/202205/16/2022$0.3501.18%1.84%$76.26
01/28/202202/15/2022$0.3501.12%2.42%$57.95
10/28/202111/15/2021$0.1000.72%0.72%$55.24
07/29/202108/16/2021$0.1000.93%0.93%$42.93
04/29/202105/14/2021$0.1001.15%1.15%$34.80
01/29/202102/16/2021$0.1001.46%1.46%$27.37
10/29/202011/16/2020$0.1007.56%2.5%$16.01
07/30/202008/17/2020$0.10010.81%2.14%$18.68
04/30/202005/18/2020$0.10021.84%3.09%$12.96
01/30/202002/18/2020$0.9109.83%9.83%$37.02
10/31/201911/15/2019$0.9109.36%9.36%$38.88
07/30/201908/15/2019$0.9109.36%9.36%$38.87
04/30/201905/15/2019$0.9109.07%9.07%$40.15
01/30/201902/15/2019$0.9108.43%8.43%$43.18
10/30/201811/15/2018$0.9107.27%7.27%$50.05
07/31/201808/15/2018$0.9107.13%7.13%$51.07
04/30/201805/15/2018$0.9107.75%7.75%$46.97
01/31/201802/15/2018$0.9107.58%7.58%$48.00
10/31/201711/15/2017$0.9108.77%8.77%$41.50
07/28/201708/15/2017$0.9107.78%7.78%$46.77
04/28/201705/16/2017$0.9106.6%6.6%$55.13
01/30/201702/15/2017$0.9106.37%6.37%$57.17
10/31/201611/15/2016$0.9108.29%8.29%$43.90
07/29/201608/15/2016$0.9109.77%9.77%$37.26
04/29/201605/16/2016$0.9108.91%9%$40.46
01/29/201602/09/2016$0.91015.69%16.2%$22.47
10/29/201511/16/2015$0.9106.18%6.63%$54.89
07/30/201508/17/2015$0.8753.58%3.9%$89.67
04/30/201505/18/2015$0.8302.88%3.16%$104.97
01/29/201502/17/2015$0.7753.33%3.63%$85.44
10/30/201411/17/2014$0.7332.14%2.34%$125.21
07/24/201408/15/2014$0.6901.86%2.04%$135.47
04/24/201405/16/2014$0.6482.2%2.42%$106.99
01/23/201402/18/2014$0.6082.46%2.71%$89.54
10/29/201311/15/2013$0.5702.62%2.91%$78.33
07/25/201308/15/2013$0.5322.77%3.09%$68.86
04/25/201305/16/2013$0.4952.68%3%$66.11
01/24/201302/15/2013$0.4582.78%3.1%$58.97
10/18/201211/15/2012$0.4233%3.34%$50.66
07/19/201208/15/2012$0.3943.11%3.49%$45.12
04/19/201205/16/2012$0.3652.82%3.18%$45.98
01/19/201202/15/2012$0.3362.9%3.23%$41.65
10/19/201111/15/2011$0.3082.82%3.72%$33.04
07/19/201108/16/2011$0.2901.83%3.41%$34.02
04/19/201105/17/2011$0.2731.02%3.33%$32.73
02/01/201102/21/2011$0.0620.2%0.8%$30.65

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Projected Future Returns & Dividends for TRGP

Based on past 10-year performance, here are TRGP growth metrics:

Share price CAGR of +5.69%
Dividend CAGR of +0.24%
Using TRGP CAGR metrics, we can estimate, that your initial $10000 investment, over next 10 years ago, should grow with dividends being reinvested (DRIP) as follows:

TRGP
Current Price$176.79
Start Shares56.56
Start Value$10,000
 
After 10 years:
Final Share Count64.74
Dividends Payment$0.77
Annual Dividends$199
Yield on cost1.99%
Share Price$290.97
Total Dividends$1,844
Final Value$18,838

Estimated Future Value + Dividends - TRGP

NOTE: Above numbers are our estimate based on TRGP's Dividend and Price CAGR over past 10 years. These numebrs should only be considered as "potential future returns"! These numbers assume DRIP (reinvesting dividends).

We cannot guarantee that your actual returns will meet these estimates.

Company Info

Targa Resources Corp. (TRGP) had its IPO on 2010-12-07, and is trader on NYSE stock exchange.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it 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 operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

TRGP website: https://www.targaresources.com


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