Targa Resources Stock (NYSE:TRGP)


Chart

Previous Close

$203.57

52W Range

$81.03 - $205.20

50D Avg

$165.79

200D Avg

$131.42

Market Cap

$44.32B

Avg Vol (3M)

$1.70M

Beta

2.24

Div Yield

$3.00 (1.72%)

TRGP Company Profile


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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Industry

Oil & Gas Midstream

Sector

Energy

Exchange

NYSE

ADR

-

Country

US

Employees

3,182

IPO Date

Dec 07, 2010

Website

TRGP Performance


Peer Comparison


TickerCompany
PAAPlains All American Pipeline, L.P.
PAGPPlains GP Holdings, L.P.
MPLXMPLX LP
WESWestern Midstream Partners, LP
ENLCEnLink Midstream, LLC
HESMHess Midstream LP