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Targa Resources Corp. (TRGP)

Equity · Currency in USD · Last updated Dec 9, 2023
SummaryFinancials

Company Info

ISINUS87612G1013
CUSIP87612G101
SectorEnergy
IndustryOil & Gas Midstream

Highlights

Market Cap$18.89B
EPS$3.81
PE Ratio22.24
PEG Ratio2.08
Revenue (TTM)$16.38B
Gross Profit (TTM)$4.05B
EBITDA (TTM)$3.87B
Year Range$63.64 - $91.44
Target Price$107.65
Short %1.77%
Short Ratio1.88

Share Price Chart


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Performance

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.


200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
539.95%
276.25%
TRGP (Targa Resources Corp.)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with TRGP

Targa Resources Corp.

Popular comparisons: TRGP vs. SPY, TRGP vs. MPLX, TRGP vs. OKE, TRGP vs. MSTR

Return

Targa Resources Corp. had a return of 20.58% year-to-date (YTD) and 29.81% in the last 12 months. Over the past 10 years, Targa Resources Corp. had an annualized return of 6.22%, while the S&P 500 had an annualized return of 9.85%, indicating that Targa Resources Corp. did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date20.58%19.92%
1 month3.81%5.06%
6 months23.74%7.11%
1 year29.81%16.17%
5 years (annualized)18.62%11.84%
10 years (annualized)6.22%9.85%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-9.90%11.83%8.41%5.20%-0.61%-1.88%8.18%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
TRGP
Targa Resources Corp.
1.11
^GSPC
S&P 500
1.25

Sharpe Ratio

The current Targa Resources Corp. Sharpe ratio is 1.11. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.11
1.25
TRGP (Targa Resources Corp.)
Benchmark (^GSPC)

Dividend History

Targa Resources Corp. granted a 2.14% dividend yield in the last twelve months. The annual payout for that period amounted to $1.85 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.85$1.40$0.40$1.21$3.64$3.64$3.64$3.64$3.39$2.68$2.06$1.52

Dividend yield

2.14%1.90%0.77%4.59%8.92%10.11%7.52%6.49%12.53%2.52%2.33%2.87%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.35$0.00$0.00$0.50$0.00$0.00$0.50$0.00$0.00$0.50$0.00
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
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
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
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
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
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
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
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
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
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
2012$0.34$0.00$0.00$0.37$0.00$0.00$0.39$0.00$0.00$0.42$0.00$0.00

Dividend Yield & Payout


Dividend Yield
TRGP
2.14%
Market bottom
1.02%
Market top
5.22%
Targa Resources Corp. has a dividend yield of 2.14%, which is quite average when compared to the overall market.
Payout Ratio
TRGP
48.43%
Market bottom
18.80%
Market top
64.69%
Targa Resources Corp. has a payout ratio of 48.43%, which is quite average when compared to the overall market. This suggests that Targa Resources Corp. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.43%
-4.01%
TRGP (Targa Resources Corp.)
Benchmark (^GSPC)

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. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.21%Jun 20, 20141446Mar 18, 2020
-25.21%Apr 28, 201171Aug 8, 201182Dec 2, 2011153
-17.62%May 3, 201237Jun 25, 201257Sep 14, 201294
-10.85%May 13, 201329Jun 21, 201323Jul 25, 201352
-10.25%Oct 18, 201216Nov 12, 201228Dec 21, 201244

Volatility Chart

The current Targa Resources Corp. volatility is 7.03%, 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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.03%
2.77%
TRGP (Targa Resources Corp.)
Benchmark (^GSPC)