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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Gross Margin
Targa Resources Corp

34.1%
Current
25%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.1%
=
Gross Profit
5.5B
/
Revenue
16.2B

Gross Margin Across Competitors

Country US
Market Cap 38.8B USD
Gross Margin
34%
Country CA
Market Cap 130.1B CAD
Gross Margin
49%
Country US
Market Cap 66.7B USD
Gross Margin
20%
Country US
Market Cap 65.5B USD
Gross Margin
82%
Country US
Market Cap 64.5B USD
Gross Margin
24%
Country US
Market Cap 59.9B USD
Gross Margin
51%
Country US
Market Cap 58.7B USD
Gross Margin
39%
Country US
Market Cap 48.6B USD
Gross Margin
60%
Country CA
Market Cap 68.6B CAD
Gross Margin
68%
Country US
Market Cap 47B USD
Gross Margin
56%
Country US
Market Cap 25.5B USD
Gross Margin
49%
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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

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.1%
=
Gross Profit
5.5B
/
Revenue
16.2B
What is the Gross Margin of Targa Resources Corp?

Based on Targa Resources Corp's most recent financial statements, the company has Gross Margin of 34.1%.