Targa Resources Corp. TRGP
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Targa Resources Corp. (TRGP) Business Model and Operations Summary
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
Key Insights
Targa Resources Corp. (TRGP) Core Market Data and Business Metrics
Latest Closing Price
$203.07Market Cap
$44.30 BillionPrice-Earnings Ratio
35.38Total Outstanding Shares
218.06 Million SharesTotal Employees
3,186Dividend
$0.75 Per Share QuarterlyIPO Date
December 7, 2010SIC Description
Natural Gas TransmissionPrimary Exchange
New York Stock ExchangeHeadquarters
Targa Resources Partners Lp, Houston, TX, 77002
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-3.02 Billion |
| Net Cash Flow | $15.60 Million |
| Net Cash Flow, Continuing | $15.60 Million |
| Net Cash Flow From Operating Activities | $3.65 Billion |
| Net Cash Flow From Financing Activities | $-612.80 Million |
| Net Cash Flow From Financing Activities, Continuing | $-612.80 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $10.70 Billion |
| Basic Earnings Per Share | $5.77 |
| Net Income/Loss Attributable To Parent | $1.31 Billion |
| Basic Average Shares | $220.20 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $1.28 Billion |
| Gross Profit | $5.68 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $241.50 Million |
| Comprehensive Income/Loss Attributable To Parent | $1.25 Billion |
| Other Comprehensive Income/Loss | $-58.10 Million |
| Comprehensive Income/Loss | $1.50 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Commitments and Contingencies | $0 |
| Liabilities And Equity | $22.73 Billion |
| Other Current Assets | $1.96 Billion |
| Long-term Debt | $14.17 Billion |
| Equity | $4.42 Billion |
| Noncurrent Liabilities | $15.14 Billion |
Historical Dividends
Current dividend: $0.75 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 16, 2025 | Feb 14, 2025 | Jan 31, 2025 | $0.75 | Quarterly |
| Oct 10, 2024 | Nov 15, 2024 | Oct 31, 2024 | $0.75 | Quarterly |
| Jul 11, 2024 | Aug 15, 2024 | Jul 31, 2024 | $0.75 | Quarterly |
| Apr 11, 2024 | May 15, 2024 | Apr 30, 2024 | $0.75 | Quarterly |
| Jan 18, 2024 | Feb 15, 2024 | Jan 31, 2024 | $0.5 | Quarterly |
| Oct 12, 2023 | Nov 15, 2023 | Oct 31, 2023 | $0.5 | Quarterly |