Targa Resources Corp
NYSE:TRGP

Watchlist Manager
Targa Resources Corp Logo
Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 178.37 USD 0.89% Market Closed
Market Cap: 38.9B USD
Have any thoughts about
Targa Resources Corp?
Write Note

Targa Resources Corp
Income from Continuing Operations

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Targa Resources Corp
Income from Continuing Operations Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income from Continuing Operations CAGR 3Y CAGR 5Y CAGR 10Y
Targa Resources Corp
NYSE:TRGP
Income from Continuing Operations
$1.5B
CAGR 3-Years
22%
CAGR 5-Years
N/A
CAGR 10-Years
13%
Energy Transfer LP
NYSE:ET
Income from Continuing Operations
$6.7B
CAGR 3-Years
2%
CAGR 5-Years
9%
CAGR 10-Years
26%
ONEOK Inc
NYSE:OKE
Income from Continuing Operations
$2.8B
CAGR 3-Years
25%
CAGR 5-Years
17%
CAGR 10-Years
16%
Williams Companies Inc
NYSE:WMB
Income from Continuing Operations
$3B
CAGR 3-Years
42%
CAGR 5-Years
67%
CAGR 10-Years
4%
Enterprise Products Partners LP
NYSE:EPD
Income from Continuing Operations
$5.9B
CAGR 3-Years
14%
CAGR 5-Years
4%
CAGR 10-Years
8%
Kinder Morgan Inc
NYSE:KMI
Income from Continuing Operations
$2.6B
CAGR 3-Years
13%
CAGR 5-Years
5%
CAGR 10-Years
0%
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 Income from Continuing Operations?
Income from Continuing Operations
1.5B USD

Based on the financial report for Sep 30, 2024, Targa Resources Corp's Income from Continuing Operations amounts to 1.5B USD.

What is Targa Resources Corp's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
13%

Over the last year, the Income from Continuing Operations growth was -7%. The average annual Income from Continuing Operations growth rates for Targa Resources Corp have been 22% over the past three years , and 13% over the past ten years .

Back to Top