Julie Boushka - Targa Resources Senior Vice President Chief Accounting Officer

TRGP Stock  USD 112.31  0.68  0.60%   

President

Ms. Julie H. Boushka is Senior Vice President, Chief Accounting Officer of the Company. Ms. Boushka has served as Senior Vice President and Chief Accounting Officer of the Company and the General Partner since March 1, 2019. Ms. Boushka previously served as Vice PresidentController of the Company, the General Partner and various subsidiaries of the Company between February 2017 and February 2019. She also served as Assistant ControllerFinancial Accounting of the Company and the General Partner between November 2016 and February 2017 since 2019.
Age 60
Tenure 5 years
Address 811 Louisiana Street, Houston, TX, United States, 77002
Phone713 584 1000
Webhttps://www.targaresources.com
Boushka served as a Senior Vice President for Financial Planning and the Chief Risk Officer for Columbia Pipeline Group between June 2015 and August 2016, where she was responsible for the financial planning function and managing enterprise risk. She also served as the Business Unit Chief Financial Officer between May 2013 and June 2015, where she was responsible for the accounting and financial planning functions. Prior to that, Ms. Boushka spent approximately 18 years in various roles at El Paso Corporationration, including accounting, financial reporting and business development.

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 05/04/2024, 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 05/04/2024, 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.
The company currently holds 13.01 B in liabilities with Debt to Equity (D/E) ratio of 1.7, which is about average as compared to similar companies. Targa Resources has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Targa Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Targa Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Targa Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Targa to invest in growth at high rates of return. When we think about Targa Resources' use of debt, we should always consider it together with cash and equity.

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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 was incorporated in 2005 and is headquartered in Houston, Texas. Targa Resources operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2430 people. Targa Resources (TRGP) is traded on New York Stock Exchange in USA. It is located in 811 Louisiana Street, Houston, TX, United States, 77002 and employs 3,182 people. Targa Resources is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

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.

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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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
3.66
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.