James Whalen - Targa Resources Executive Chairman
| TRGP Stock | USD 116.01 2.20 1.93% |
Chairman
Mr. James W. Whalen redesignated as Director of the Company with effective March 1, 2020. He is no longer Executive Chairman of the Board of Targa Resources Corporationrationwith effective March 1, 2020. Mr. Whalen has served as Executive Chairman of the Board of the Company and the General Partner since January 1, 2015. Mr. Whalen has also served as a director of the Company since its formation on October 27, 2005 and of the General Partner since February 2007. He also served as director of an affiliate of the Company during 2004 and 2005. Mr. Whalen previously served as Advisor to Chairman and CEO of the Company and the General Partner between January 1, 2012 and December 31, 2014. He served as Executive Chairman of the Board of the Company between October 25, 2010 and December 31, 2011 and of the General Partner between December 15, 2010 and December 31, 2011. He also served as PresidentFinance and Administration of the Company between January 2006 and October 2010 and the General Partner between October 2006 and December 2010 and for various Targa subsidiaries since November 2005. Between October 2002 and October 2005, Mr. Whalen served as the Senior Vice President and Chief Financial Officer of Parker Drilling Company. Between January 2002 and October 2002, he was the Chief Financial Officer of Diversified Diagnostic Products, Inc. He served as Chief Commercial Officer of Coral from February 1998 through January 2000. Previously, he served as Chief Financial Officer for Tejas from 1992 to 1998 since 2020.
| Age | 78 |
| Tenure | 4 years |
| Address | 811 Louisiana Street, Houston, TX, United States, 77002 |
| Phone | 713 584 1000 |
| Web | https://www.targaresources.com |
James Whalen Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Whalen against Targa Resources stock is an integral part of due diligence when investing in Targa Resources. James Whalen insider activity provides valuable insight into whether Targa Resources is net buyers or sellers over its current business cycle. Note, Targa Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell Targa Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Whalen over six months ago Sale by James Whalen of 334 shares of CommVault Systems | ||
James Whalen over six months ago Sale by James Whalen of 1305 shares of CommVault Systems | ||
James Whalen over six months ago Payment of 1322 shares by James Whalen of CommVault Systems subject to Rule 16b-3 | ||
James Whalen over six months ago Acquisition by James Whalen of 4813 shares of CommVault Systems subject to Rule 16b-3 |
Targa Resources Management Efficiency
The company has return on total asset (ROA) of 0.0816 % which means that it generated a profit of $0.0816 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3293 %, meaning that it created $0.3293 on every $100 dollars invested by stockholders. Targa Resources' management efficiency ratios could be used to measure how well Targa Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Targa Resources' Return On Tangible Assets are relatively stable compared to the past year. As of 04/24/2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.06. At this time, Targa Resources' Non Current Liabilities Total is relatively stable compared to the past year. As of 04/24/2024, Change To Liabilities is likely to grow to about 42.9 M, while Total Current Liabilities is likely to drop slightly above 1.6 B.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| David Arledge | Enbridge | 70 | |
| Michael Hennigan | MPLX LP | 65 | |
| Gregory Ebel | Enbridge | 60 | |
| Gary Heminger | MPLX LP | 64 | |
Management Performance
| Return On Equity | 0.33 | |||
| Return On Asset | 0.0816 |
Targa Resources Leadership Team
Elected by the shareholders, the Targa Resources' board of directors comprises two types of representatives: Targa Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Targa. The board's role is to monitor Targa Resources' management team and ensure that shareholders' interests are well served. Targa Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Targa Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Middlebrooks, Executive Vice President - Northern Field Gathering and Processing | ||
| G White, Executive Vice President - Operations | ||
| D Pryor, Executive Vice President - Logistics and Marketing | ||
| Clark White, Executive Vice President - Engineering and Operations | ||
| Jeffrey McParland, President of Fin. and Admin. | ||
| Joel Thomas, Senior Treasurer | ||
| John Sparger, Chief Accounting Officer and Sr. VP | ||
| John Klein, Senior Vice President Chief Accounting Officer | ||
| Julie Boushka, Senior Vice President Chief Accounting Officer | ||
| Denny Latham, Executive Partner | ||
| James Whalen, Executive Chairman | ||
| Ershel Redd, Independent Director | ||
| Robert Evans, Independent Director | ||
| Scott Pryor, Executive Vice President - Logistics and Marketing | ||
| Jennifer Kneale, Chief Financial Officer | ||
| Gerald Shrader, General VP | ||
| Waters Davis, Independent Director | ||
| Dan Middlebrooks, Executive Vice President - Northern Field Gathering and Processing | ||
| Patrick McDonie, Executive Vice President - Southern Field Gathering and Processing | ||
| Sanjay Lad, Vice Relations | ||
| Robert Muraro, Executive Vice President - Commercial | ||
| Charles Crisp, Independent Director | ||
| Lindsey Cooksen, Independent Director | ||
| Matthew Meloy, Chief Executive Officer, Director | ||
| Regina Gregory, General Partner, Executive Vice President General Counsel, Secretary | ||
| Laura Fulton, Independent Director | ||
| Paul Chung, Executive Vice President General Counsel, Secretary | ||
| Michael Heim, Pres and COO | ||
| Joe Perkins, CEO and Director | ||
| Rene Joyce, Executive Chairman of Directors | ||
| Beth Bowman, Independent Director | ||
| Chris Tong, Independent Director |
Targa Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Targa Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.33 | |||
| Return On Asset | 0.0816 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 40.65 B | |||
| Shares Outstanding | 222.54 M | |||
| Shares Owned By Insiders | 1.48 % | |||
| Shares Owned By Institutions | 94.17 % | |||
| Number Of Shares Shorted | 3.77 M | |||
| Price To Earning | 75.42 X |
Targa Resources Investors Sentiment
The influence of Targa Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Targa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Targa Resources' public news can be used to forecast risks associated with an investment in Targa. The trend in average sentiment can be used to explain how an investor holding Targa can time the market purely based on public headlines and social activities around Targa Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Targa Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Targa Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Targa Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Targa Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Targa Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Targa Resources' short interest history, or implied volatility extrapolated from Targa Resources options trading.
Currently Active Assets on Macroaxis
When determining whether Targa Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Targa Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Targa Resources Stock. Highlighted below are key reports to facilitate an investment decision about Targa Resources Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Targa Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide.Note that the Targa Resources information on this page should be used as a complementary analysis to other Targa Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Targa Stock analysis
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.
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Is Targa Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Targa Resources. If investors know Targa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Targa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 2 | Earnings Share 3.65 | Revenue Per Share 71.506 | Quarterly Revenue Growth (0.07) |
The market value of Targa Resources is measured differently than its book value, which is the value of Targa that is recorded on the company's balance sheet. Investors also form their own opinion of Targa Resources' value that differs from its market value or its book value, called intrinsic value, which is Targa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Targa Resources' market value can be influenced by many factors that don't directly affect Targa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Targa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.