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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Net Margin
Targa Resources Corp

7.6%
Current
4%
Average
7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.6%
=
Net Income
1.2B
/
Revenue
16.2B

Net Margin Across Competitors

Country US
Market Cap 38.9B USD
Net Margin
8%
Country CA
Market Cap 130.8B CAD
Net Margin
13%
Country US
Market Cap 66.7B USD
Net Margin
10%
Country US
Market Cap 65.9B USD
Net Margin
27%
Country US
Market Cap 64.5B USD
Net Margin
5%
Country US
Market Cap 60.1B USD
Net Margin
17%
Country US
Market Cap 59B USD
Net Margin
14%
Country US
Market Cap 48.6B USD
Net Margin
36%
Country CA
Market Cap 68.6B CAD
Net Margin
31%
Country US
Market Cap 47B USD
Net Margin
23%
Country US
Market Cap 25.5B USD
Net Margin
25%
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

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
7.6%
=
Net Income
1.2B
/
Revenue
16.2B
What is the Net Margin of Targa Resources Corp?

Based on Targa Resources Corp's most recent financial statements, the company has Net Margin of 7.6%.