Targa Resources Net Worth

Targa Resources Net Worth Breakdown

  TRGP
The net worth of Targa Resources is the difference between its total assets and liabilities. Targa Resources' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Targa Resources' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Targa Resources' net worth can be used as a measure of its financial health and stability which can help investors to decide if Targa Resources is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Targa Resources stock.

Targa Resources Net Worth Analysis

Targa Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Targa Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Targa Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Targa Resources' net worth analysis. One common approach is to calculate Targa Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Targa Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Targa Resources' net worth. This approach calculates the present value of Targa Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Targa Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Targa Resources' net worth. This involves comparing Targa Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Targa Resources' net worth relative to its peers.

Enterprise Value

8.65 Billion

To determine if Targa Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Targa Resources' net worth research are outlined below:
Targa Resources currently holds 14.27 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. Note, when we think about Targa Resources' use of debt, we should always consider it together with its cash and equity.
Targa Resources has a strong financial position based on the latest SEC filings
Over 92.0% of Targa Resources shares are owned by institutional investors
Latest headline from zacks.com: Compared to Estimates, Targa Resources Q2 Earnings A Look at Key Metrics
Targa Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Targa Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Targa Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Targa Resources Target Price Consensus

Targa target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Targa Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   22  Strong Buy
Most Targa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Targa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Targa Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Targa Resources Target Price Projection

Targa Resources' current and average target prices are 165.09 and 202.28, respectively. The current price of Targa Resources is the price at which Targa Resources is currently trading. On the other hand, Targa Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Targa Resources Market Quote on 9th of August 2025

Low Price164.37Odds
High Price170.61Odds

165.09

Target Price

Analyst Consensus On Targa Resources Target Price

Low Estimate184.07Odds
High Estimate224.53Odds

202.2757

Historical Lowest Forecast  184.07 Target Price  202.28 Highest Forecast  224.53
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Targa Resources and the information provided on this page.

Know Targa Resources' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Targa Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Targa Resources backward and forwards among themselves. Targa Resources' institutional investor refers to the entity that pools money to purchase Targa Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
T. Rowe Price Associates, Inc.2025-03-31
2.8 M
Goldman Sachs Group Inc2025-03-31
2.7 M
Fmr Inc2025-03-31
2.7 M
Amundi2025-03-31
2.5 M
Brookfield Corp2025-03-31
2.3 M
Northern Trust Corp2025-03-31
2.3 M
Dimensional Fund Advisors, Inc.2025-03-31
2.1 M
Ubs Group Ag2025-03-31
2.1 M
Chickasaw Capital Management, Llc2025-06-30
1.8 M
Vanguard Group Inc2025-03-31
27.6 M
Blackrock Inc2025-03-31
21.1 M
Note, although Targa Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Targa Resources' market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 36.2 B.

Market Cap

5.89 Billion

Project Targa Resources' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 
Return On Capital Employed 0.14  0.14 
Return On Assets 0.06  0.06 
Return On Equity 0.49  0.52 
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.12 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.12.
When accessing Targa Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Targa Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Targa Resources' profitability and make more informed investment decisions.

Evaluate Targa Resources' management efficiency

Targa Resources has return on total asset (ROA) of 0.0744 % which means that it generated a profit of $0.0744 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4198 %, meaning that it created $0.4198 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. As of 08/09/2025, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Targa Resources' Non Current Liabilities Total is relatively stable compared to the past year. As of 08/09/2025, Change To Liabilities is likely to grow to about 42.9 M, while Total Current Liabilities is likely to drop slightly above 1.7 B.
Last ReportedProjected for Next Year
Book Value Per Share 20.06  40.00 
Tangible Book Value Per Share 11.08  10.53 
Enterprise Value Over EBITDA 12.91  7.39 
Price Book Value Ratio 15.16  9.47 
Enterprise Value Multiple 12.91  7.39 
Price Fair Value 15.16  9.47 
Enterprise Value13.3 B8.7 B
At Targa Resources, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue
3.0998
Revenue
16.4 B
Revenue Per Share
74.806
Return On Equity
0.4198
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Targa Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Targa Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Targa Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Targa Resources Corporate Filings

8K
7th of August 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of August 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
4th of June 2025
Other Reports
ViewVerify
28th of March 2025
Other Reports
ViewVerify
Targa Resources time-series forecasting models is one of many Targa Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Targa Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Targa Resources Earnings Estimation Breakdown

The calculation of Targa Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Targa Resources is estimated to be 0.0 with the future projection ranging from a low of 0.0 to a high of 2.0375. Please be aware that this consensus of annual earnings estimates for Targa Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.00
Lowest
Expected EPS
0.0
2.04
Highest

Targa Resources Earnings Projection Consensus

Suppose the current estimates of Targa Resources' value are higher than the current market price of the Targa Resources stock. In this case, investors may conclude that Targa Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Targa Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2025Current EPS (TTM)
2281.51%
0.0
0.0
5.56

Targa Resources Earnings per Share Projection vs Actual

Actual Earning per Share of Targa Resources refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Targa Resources predict the company's earnings will be in the future. The higher the earnings per share of Targa Resources, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Targa Resources Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Targa Resources, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Targa Resources should always be considered in relation to other companies to make a more educated investment decision.

Targa Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Targa Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
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nullnullnullnull
2025-08-07
2025-06-301.882.0210.141
2025-04-30
2025-03-312.05251.8882-0.1643
2025-02-13
2024-12-311.82931.8173-0.012
2024-11-05
2024-09-301.551.740.1912 
2024-08-01
2024-06-301.271.330.06
2024-05-02
2024-03-311.31.22-0.08
2024-02-15
2023-12-311.461.26-0.213 
2023-11-02
2023-09-301.20.97-0.2319 
2023-08-03
2023-06-301.241.440.216 
2023-05-04
2023-03-311.40.03-1.3797 
2023-02-22
2022-12-311.381.380.0
2022-11-03
2022-09-301.20.84-0.3630 
2022-08-04
2022-06-301.221.610.3931 
2022-05-05
2022-03-310.860.06-0.893 
2022-02-24
2021-12-310.660.51-0.1522 
2021-11-04
2021-09-300.530.660.1324 
2021-08-05
2021-06-300.270.15-0.1244 
2021-05-06
2021-03-310.170.530.36211 
2021-02-18
2020-12-310.25-0.04-0.29116 
2020-11-05
2020-09-300.10.160.0660 
2020-08-06
2020-06-30-0.240.210.45187 
2020-05-07
2020-03-31-0.072.892.964228 
2020-02-20
2019-12-31-0.07-0.62-0.55785 
2019-11-07
2019-09-30-0.21-0.62-0.41195 
2019-08-08
2019-06-30-0.29-0.180.1137 
2019-05-07
2019-03-31-0.1-0.3-0.2200 
2019-02-20
2018-12-310.010.320.313100 
2018-11-08
2018-09-300.06-0.24-0.3500 
2018-08-09
2018-06-30-0.03-0.020.0133 
2018-05-03
2018-03-31-0.01-0.03-0.02200 
2018-02-15
2017-12-310.01-0.08-0.09900 
2017-11-02
2017-09-30-0.11-0.16-0.0545 
2017-08-03
2017-06-30-0.140.140.28200 
2017-05-04
2017-03-310.01-0.77-0.787800 
2017-02-15
2016-12-310.06-1.18-1.242066 
2016-11-02
2016-09-30-0.06-0.23-0.17283 
2016-08-03
2016-06-30-0.08-0.14-0.0675 
2016-04-29
2016-03-31-0.1-0.020.0880 
2016-02-25
2015-12-310.490.48-0.01
2015-11-03
2015-09-300.570.23-0.3459 
2015-08-04
2015-06-300.630.29-0.3453 
2015-05-05
2015-03-310.650.58-0.0710 
2015-02-13
2014-12-310.630.61-0.02
2014-11-04
2014-09-300.650.730.0812 
2014-08-01
2014-06-300.60.630.03
2014-05-01
2014-03-310.620.47-0.1524 
2014-02-13
2013-12-310.520.48-0.04
2013-11-04
2013-09-300.440.39-0.0511 
2013-08-01
2013-06-300.270.490.2281 
2013-05-03
2013-03-310.230.320.0939 
2013-02-14
2012-12-310.210.480.27128 
2012-11-01
2012-09-300.170.210.0423 
2012-08-06
2012-06-300.240.21-0.0312 
2012-05-03
2012-03-310.260.23-0.0311 
2012-02-23
2011-12-310.220.2-0.02
2011-11-07
2011-09-300.270.12-0.1555 
2011-08-08
2011-06-300.20.250.0525 
2011-05-05
2011-03-310.210.16-0.0523 
2011-02-24
2010-12-310.26-0.68-0.94361 

Targa Resources Corporate Directors

Ershel ReddIndependent DirectorProfile
Robert EvansIndependent DirectorProfile
Waters DavisIndependent DirectorProfile
Charles CrispIndependent DirectorProfile

Additional 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.