Targa Resources Corp. (TRGP)
Company Info
Highlights
$44.23B
$5.54
36.61
1.20
$16.30B
$3.10B
$4.02B
$79.24 - $205.20
$194.60
1.86%
2.19
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Targa Resources Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Targa Resources Corp. had a return of 144.04% year-to-date (YTD) and 143.06% in the last 12 months. Over the past 10 years, Targa Resources Corp. had an annualized return of 10.94%, which was very close to the S&P 500 benchmark's annualized return of 11.21%.
TRGP
144.04%
25.57%
83.25%
143.06%
44.30%
10.94%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of TRGP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.63% | 15.63% | 14.00% | 2.51% | 3.66% | 8.92% | 5.64% | 8.59% | 0.76% | 13.31% | 144.04% | ||
| 2023 | 2.54% | -1.23% | -1.55% | 4.24% | -9.90% | 11.83% | 8.41% | 5.20% | -0.61% | -1.88% | 8.18% | -3.96% | 21.01% |
| 2022 | 13.78% | 10.65% | 15.45% | -2.27% | -1.89% | -17.15% | 16.43% | -1.27% | -11.56% | 13.90% | 8.81% | -1.20% | 43.71% |
| 2021 | 4.12% | 13.01% | 2.65% | 9.58% | 12.02% | 14.38% | -5.04% | 4.30% | 12.04% | 11.30% | -5.56% | 1.18% | 100.15% |
| 2020 | -8.41% | -11.23% | -78.67% | 89.10% | 38.04% | 12.19% | -8.44% | -6.95% | -17.52% | 15.13% | 46.42% | 12.26% | -32.48% |
| 2019 | 21.95% | -6.44% | 3.26% | -1.21% | -4.21% | 2.08% | 1.47% | -7.17% | 11.21% | -0.97% | -6.04% | 11.77% | 23.98% |
| 2018 | 1.05% | -6.98% | -1.46% | 8.84% | 3.53% | 1.77% | 5.02% | 7.83% | 2.25% | -6.57% | -13.62% | -19.29% | -19.88% |
| 2017 | 4.39% | -1.94% | 6.02% | -6.45% | -16.69% | -1.59% | 4.69% | -3.96% | 6.13% | -10.33% | 4.58% | 11.57% | -7.09% |
| 2016 | -13.64% | 19.63% | 11.09% | 38.76% | 5.86% | -1.61% | -9.36% | 16.96% | 12.69% | -8.79% | 21.39% | 5.22% | 130.82% |
| 2015 | -17.39% | 14.68% | -3.81% | 10.44% | -12.40% | -2.97% | 0.10% | -25.31% | -22.01% | 12.79% | -31.23% | -31.15% | -73.36% |
| 2014 | 3.11% | 7.17% | 2.58% | 9.44% | 6.45% | 21.41% | -8.18% | 9.45% | -2.42% | -4.99% | -11.26% | -7.09% | 23.15% |
| 2013 | 15.12% | 1.06% | 11.41% | -2.52% | -2.04% | -0.14% | 6.80% | -0.12% | 7.15% | 7.08% | 4.55% | 8.73% | 71.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TRGP is 99, placing it in the top 1% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Targa Resources Corp. provided a 1.33% dividend yield over the last twelve months, with an annual payout of $2.75 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.75 | $1.85 | $1.40 | $0.40 | $1.21 | $3.64 | $3.64 | $3.64 | $3.64 | $3.39 | $2.68 | $2.06 |
Dividend yield | 1.33% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% | 2.53% | 2.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Targa Resources Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.50 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.75 | $0.00 | $2.75 | |
| 2023 | $0.35 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $1.85 |
| 2022 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $1.40 |
| 2021 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.40 |
| 2020 | $0.91 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.21 |
| 2019 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $3.64 |
| 2018 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $3.64 |
| 2017 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $3.64 |
| 2016 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $3.64 |
| 2015 | $0.78 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.91 | $0.00 | $0.00 | $3.39 |
| 2014 | $0.61 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $2.68 |
| 2013 | $0.46 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $2.06 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Targa Resources Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Targa Resources Corp. was 95.21%, occurring on Mar 18, 2020. Recovery took 985 trading sessions.
The current Targa Resources Corp. drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.21% | Jun 20, 2014 | 1446 | Mar 18, 2020 | 985 | Feb 15, 2024 | 2431 |
| -25.21% | Apr 28, 2011 | 71 | Aug 8, 2011 | 82 | Dec 2, 2011 | 153 |
| -17.62% | May 3, 2012 | 37 | Jun 25, 2012 | 57 | Sep 14, 2012 | 94 |
| -10.85% | May 13, 2013 | 29 | Jun 21, 2013 | 23 | Jul 25, 2013 | 52 |
| -10.25% | Oct 18, 2012 | 16 | Nov 12, 2012 | 28 | Dec 21, 2012 | 44 |
Volatility
Volatility Chart
The current Targa Resources Corp. volatility is 8.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Targa Resources Corp. compared to its peers in the Oil & Gas Midstream industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for TRGP in comparison to other companies of the Oil & Gas Midstream industry. Currently, TRGP has a PE value of 36.6. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for TRGP in comparison to other companies of the Oil & Gas Midstream industry. Currently, TRGP has a PEG value of 1.2. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Targa Resources Corp..
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Income Statement
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