Targa Resources Corp. (TRGP) Valuation — DCF, Graham & Comparables

Targa Resources Corp. (TRGP) — Price $285.07 EnergyOil & Gas Midstream — NYSE

Latest reported results:

Valuation dashboard for Targa Resources Corp. (TRGP) with P/E 26.49, P/B 16.40, EV/EBITDA 16.93 and dividend yield 1.61%. DCF, Graham Number and Earnings Power Value models plus sector comparison against other Energy companies.

Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets.

Analysis Summary

Targa Resources Corp. reported revenue of $17.14B in the most recent fiscal year, growing at a 5-year CAGR of 15.7%.

Trailing-twelve-month margins: gross margin 36.6%, operating margin 23.1%, net margin 13.5%.

At the current price of $285.07, TRGP trades at a P/E of 26.49 and an ROE of 72.08%. Market capitalisation stands at $61.2B, placing it among large-cap names.

Balance sheet quality for TRGP: current ratio of 0.7. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio26.49
Price / Book16.40
EV / EBITDA16.93
Dividend Yield1.61%

Valuation Models

DCF Fair Value$-48.64
vs Current Price-117.1%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
TRGPTarga Resources Corp.$61.2B26.4916.4072.1%
FANGDiamondback Energy, Inc.$55.4B36.511.394.2%
PAAPlains All American Pipeline, L.P.$17.9B
ETEnergy Transfer LP$72.4B12.982.0416.8%
OXYOccidental Petroleum Corporation$59.0B8.651.3719.0%
OKEONEOK, Inc.$58.7B15.392.4616.3%
CVECenovus Energy Inc.$60.7B12.632.4821.0%
EQTEQT Corporation$31.5B10.761.2111.7%

Price

Price$285.07
Market Cap$61.2B
ExchangeNYSE
CountryUS

Profitability

Return on Equity72.08%
Return on Invested Capital14.09%
Return on Assets7.94%
Gross Margin36.56%
Operating Margin23.13%
Net Margin13.49%

Related companies: CQP · CVE · EQT · ET · FANG · OKE · OXY

Explore sector: Energy · Oil & Gas Midstream

More sections of TRGP: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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