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Targa Resources Corp

$264.09
Market Cap 56.77B
ROE 74.2%
Gross Margin 33.4%
Debt/Equity 6.1
Current Ratio 0.7
Revenue QoQ -10.2%
EPS QoQ 1.4%
F-Score 6

About

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Targa is a FORTUNE 500 company and is included in the S&P 500.

Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Midstream

Sector context

Energy

Overvalued

Trading at a discount to sector peers

P/E
26.96
vs median 16.99
P/B
18.32
vs median 1.84
ROE
0.74
vs median 0.18

Decent quality with acceptable fundamentals

Large-cap company with established market presence

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