Targa Resources Corp.

NYSE TRGP

Targa Resources Corp. Price to Sales Ratio (P/S) on January 14, 2025: 2.69

Targa Resources Corp. Price to Sales Ratio (P/S) is 2.69 on January 14, 2025, a 136.21% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Targa Resources Corp. 52-week high Price to Sales Ratio (P/S) is 2.78 on November 21, 2024, which is 3.13% above the current Price to Sales Ratio (P/S).
  • Targa Resources Corp. 52-week low Price to Sales Ratio (P/S) is 1.13 on January 17, 2024, which is -58.20% below the current Price to Sales Ratio (P/S).
  • Targa Resources Corp. average Price to Sales Ratio (P/S) for the last 52 weeks is 1.86.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
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NYSE: TRGP

Targa Resources Corp.

CEO Mr. Matthew J. Meloy
IPO Date Dec. 7, 2010
Location United States
Headquarters 811 Louisiana Street
Employees 3,182
Sector Energy
Industries
Description

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

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StockViz Staff

January 15, 2025

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