Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 178.37 USD 0.89% Market Closed
Market Cap: 38.9B USD
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Targa Resources Corp
Other Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Targa Resources Corp
Other Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Targa Resources Corp
NYSE:TRGP
Other Liabilities
$422.9m
CAGR 3-Years
-1%
CAGR 5-Years
4%
CAGR 10-Years
20%
Energy Transfer LP
NYSE:ET
Other Liabilities
$2.4B
CAGR 3-Years
1%
CAGR 5-Years
0%
CAGR 10-Years
7%
ONEOK Inc
NYSE:OKE
Other Liabilities
$572m
CAGR 3-Years
-2%
CAGR 5-Years
-2%
CAGR 10-Years
8%
Williams Companies Inc
NYSE:WMB
Other Liabilities
$5.1B
CAGR 3-Years
4%
CAGR 5-Years
7%
CAGR 10-Years
12%
Enterprise Products Partners LP
NYSE:EPD
Other Liabilities
$1.1B
CAGR 3-Years
11%
CAGR 5-Years
-1%
CAGR 10-Years
19%
Kinder Morgan Inc
NYSE:KMI
Other Liabilities
$2.5B
CAGR 3-Years
5%
CAGR 5-Years
-2%
CAGR 10-Years
2%
No Stocks Found

Targa Resources Corp
Glance View

Market Cap
38.9B USD
Industry
Energy
Economic Moat
None

Targa Resources Corp., an intriguing player in the midstream space of the energy sector, has carved out a reputation by focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs). At its core, Targa's operations are hinged on a vast network of pipelines and processing facilities strategically located in prime production regions such as the Permian Basin and the Eagle Ford Shale. These assets allow Targa to efficiently collect raw natural gas from producers, which is then transformed into market-ready products through their processing plants. As the gas flows from the ground to end-users, Targa meticulously manages this journey, ensuring both reliability and safety, making it an indispensable partner to energy producers and consumers alike. Revenue generation at Targa is primarily driven by fees from processing, gathering, and transporting natural gas and NGLs. By charging for the volumes that pass through its infrastructure, Targa ensures a relatively stable income stream while simultaneously benefiting from commodity-based margin opportunities. Furthermore, the company's storage and export capabilities, particularly for liquefied petroleum gases, allow it to tap into growing global energy demands, thereby enhancing its revenue potential. Through strategic expansions and partnerships, Targa continues to fortify its position in the energy supply chain, seeking long-term growth while navigating the ever-evolving dynamics and regulatory landscapes of the energy industry.

TRGP Intrinsic Value
151.35 USD
Overvaluation 15%
Intrinsic Value
Price

See Also

What is Targa Resources Corp's Other Liabilities?
Other Liabilities
422.9m USD

Based on the financial report for Sep 30, 2024, Targa Resources Corp's Other Liabilities amounts to 422.9m USD.

What is Targa Resources Corp's Other Liabilities growth rate?
Other Liabilities CAGR 10Y
20%

Over the last year, the Other Liabilities growth was 8%. The average annual Other Liabilities growth rates for Targa Resources Corp have been -1% over the past three years , 4% over the past five years , and 20% over the past ten years .

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