TRGP: Targa Resources Corp.
About
Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil, and storing, terminaling, and selling refined petroleum products. It operates through the Gathering and Processing and Logistics and Transportation segments. The Gathering and Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities, and assets used for crude oil gathering and terminaling. The Logistics and Transportation segment focuses on the activities necessary to convert mixed NGLs into NGL products and provides certain value-added services such as the storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters, and the storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded in October 2005 and is headquartered in Houston, TX.
Current Value
$204.811 Year Return
Current Value
$204.811 Year Return
Key Details
Market Cap
$44.39B
P/E Ratio
36.68
1Y Stock Return
132.49%
1Y Revenue Growth
7.40%
Dividend Yield
2.13%
Price to Book
17.3
Strategies that include TRGP
Stock's related to TRGP
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| OKE | 74.13% | $66.08B | +69.05% | 3.48% |
| WMB | 71.17% | $71.43B | +63.00% | 3.18% |
| KMI | 64.14% | $62.38B | +64.02% | 4.07% |
| NOG | 62.09% | $4.10B | +9.43% | 3.97% |
| DTM | 60.38% | $10.01B | +81.71% | 2.87% |
| KNTK | 60.12% | $3.59B | +67.71% | 5.02% |
| AM | 59.90% | $7.47B | +18.85% | 5.82% |
| MGY | 59.71% | $5.36B | +26.87% | 1.90% |
| ET | 58.88% | $61.49B | +31.09% | 7.07% |
| PR | 58.70% | $10.64B | +15.08% | 3.02% |
| PAA | 58.32% | $12.26B | +12.02% | 7.26% |
| MTDR | 58.29% | $7.21B | -1.21% | 1.47% |
| PAGP | 57.80% | $3.67B | +16.79% | 0.00% |
| CTRA | 57.45% | $19.37B | -0.90% | 3.20% |
| COP | 56.99% | $130.16B | -1.63% | 2.59% |
| OVV | 56.89% | $11.61B | -0.16% | 2.69% |
| CNQ | 56.64% | $71.04B | +1.89% | 6.81% |
| VNOM | 55.92% | $5.48B | +79.62% | 3.35% |
| PTEN | 55.72% | $3.16B | -31.96% | 3.93% |
| OXY | 55.63% | $47.39B | -16.87% | 1.66% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DYN | 0.02% | $3.02B | +182.40% | 0.00% |
| BGFV | -0.02% | $36.77M | -71.38% | 13.80% |
| SGC | -0.02% | $261.95M | +41.61% | 4.32% |
| DDOG | 0.04% | $45.32B | +19.19% | 0.00% |
| DBX | -0.06% | $8.26B | -4.51% | 0.00% |
| DAWN | 0.06% | $1.36B | +13.42% | 0.00% |
| MD | 0.09% | $1.25B | +67.55% | 0.00% |
| APEI | 0.10% | $339.36M | +232.64% | 0.00% |
| VHC | -0.10% | $19.06M | -38.36% | 0.00% |
| BDC | 0.12% | $4.79B | +72.83% | 0.17% |
| BNTX | 0.12% | $25.51B | +9.51% | 0.00% |
| BASE | -0.12% | $1.04B | +8.03% | 0.00% |
| QGEN | 0.14% | $9.05B | -1.92% | 0.00% |
| SOHU | 0.17% | $406.50M | +43.52% | 0.00% |
| AMC | -0.20% | $1.63B | -34.74% | 0.00% |
| QURE | -0.20% | $283.68M | -13.52% | 0.00% |
| AMBC | -0.23% | $584.50M | -17.09% | 0.00% |
| ANAB | 0.23% | $607.66M | +40.93% | 0.00% |
| LTM | 0.24% | $8.51B | -100.00% | <0.01% |
| HCI | -0.24% | $1.16B | +29.00% | 1.48% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NLOP | -18.16% | $458.04M | +94.60% | 0.00% |
| EDSA | -16.33% | $7.11M | -21.79% | 0.00% |
| LPTX | -14.88% | $103.46M | +10.66% | 0.00% |
| VRCA | -14.24% | $40.58M | -75.88% | 0.00% |
| GAN | -11.53% | $83.39M | +21.19% | 0.00% |
| QXO | -11.26% | $6.51B | -35.95% | 0.00% |
| CPB | -11.15% | $12.96B | +7.08% | 3.40% |
| AQB | -10.64% | $3.78M | -37.77% | 0.00% |
| MKL | -10.63% | $21.48B | +16.38% | 0.00% |
| RELY | -10.54% | $3.96B | -7.42% | 0.00% |
| CCRN | -10.13% | $341.35M | -50.81% | 0.00% |
| ASPS | -9.98% | $22.36M | -80.26% | 0.00% |
| CBOE | -9.57% | $21.46B | +15.84% | 1.11% |
| CFLT | -9.53% | $9.28B | +49.05% | 0.00% |
| TEM | -9.51% | $8.50B | 0.00% | 0.00% |
| BEEM | -9.33% | $58.36M | -29.34% | 0.00% |
| XBIO | -9.32% | $6.01M | +21.36% | 0.00% |
| SNDR | -9.31% | $5.41B | +35.80% | 1.22% |
| TNDM | -9.07% | $1.83B | +51.39% | 0.00% |
| CPS | -9.01% | $244.48M | -24.67% | 0.00% |
ETF's related to TRGP
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| MLPX | 75.07% | $2.21B | 0.45% |
| TPYP | 70.47% | $674.21M | 0.4% |
| RSPG | 69.21% | $544.63M | 0.4% |
| FCG | 66.17% | $395.85M | 0.6% |
| FTXN | 65.84% | $179.41M | 0.6% |
| FXN | 65.44% | $416.11M | 0.62% |
| VDE | 64.08% | $8.33B | 0.1% |
| EMLP | 63.81% | $2.97B | 0.96% |
| FENY | 63.61% | $1.64B | 0.084% |
| XOP | 63.51% | $2.58B | 0.35% |
| IYE | 63.47% | $1.35B | 0.39% |
| XLE | 63.17% | $37.90B | 0.09% |
| IGE | 63.08% | $634.87M | 0.41% |
| AMLP | 62.34% | $9.45B | 0.85% |
| IEO | 62.31% | $658.25M | 0.4% |
| PXE | 61.95% | $117.58M | 0.63% |
| PSCE | 61.62% | $91.62M | 0.29% |
| IXC | 61.39% | $2.20B | 0.41% |
| MLPA | 59.69% | $1.64B | 0.45% |
| DRLL | 58.31% | $336.91M | 0.41% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BILZ | -0.14% | $563.02M | 0.14% |
| EAGG | -0.16% | $3.68B | 0.1% |
| LGOV | -0.20% | $607.48M | 0.67% |
| VGLT | -0.21% | $12.70B | 0.04% |
| HYMB | -0.24% | $2.81B | 0.35% |
| TLT | 0.27% | $57.46B | 0.15% |
| SPTL | 0.31% | $10.33B | 0.03% |
| AGZD | -0.31% | $142.76M | 0.23% |
| SHYD | 0.33% | $311.50M | 0.35% |
| GCOR | -0.42% | $393.53M | 0.14% |
| BBAG | -0.45% | $1.66B | 0.03% |
| BSCO | -0.46% | $2.35B | 0.1% |
| BIV | 0.46% | $20.37B | 0.04% |
| CORN | 0.48% | $61.12M | 0.2% |
| NEAR | 0.49% | $2.91B | 0.25% |
| EDV | 0.49% | $3.88B | 0.06% |
| GOVZ | 0.50% | $313.00M | 0.1% |
| SCHQ | -0.59% | $762.08M | 0.03% |
| GBIL | 0.61% | $5.60B | 0.12% |
| TLH | 0.64% | $7.01B | 0.15% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAIL | -33.41% | $67.98M | 0.59% |
| VIXY | -28.73% | $195.31M | 0.85% |
| YEAR | -17.60% | $1.13B | 0.25% |
| DFNM | -15.67% | $1.40B | 0.17% |
| BTAL | -15.48% | $388.04M | 1.43% |
| UTWO | -15.04% | $447.63M | 0.15% |
| USDU | -14.82% | $201.97M | 0.5% |
| FLDR | -14.27% | $595.01M | 0.15% |
| ULST | -13.57% | $535.47M | 0.2% |
| IBTF | -13.55% | $2.05B | 0.07% |
| DFSD | -13.34% | $3.63B | 0.16% |
| IEI | -13.13% | $14.62B | 0.15% |
| CGSM | -12.95% | $514.53M | 0.25% |
| MUST | -12.51% | $410.00M | 0.23% |
| XONE | -12.27% | $548.88M | 0.03% |
| VGSH | -12.11% | $19.14B | 0.04% |
| FTSM | -12.05% | $6.08B | 0.45% |
| IBTH | -12.04% | $1.08B | 0.07% |
| SCHR | -12.03% | $9.97B | 0.03% |
| BUXX | -11.90% | $162.67M | 0.25% |
News
Fintel
Targa Resources (TRGP) Price Target Increased by 23.11% to 203.27
Yahoo
SHEL plans to sell its carbon-based projects to prioritize profits by investing in high-return ventures.
Yahoo
TRP expects a strong FY2025 outlook due to rising natural gas demand and strategic investments in key growth projects.
SeekingAlpha
Six constituents in the broad Alerian Midstream Energy Index spent a combined $650 million on equity repurchases in 3Q24. Click to read.
SeekingAlpha
Compared to the benchmark and competitors, BMVP shows underwhelming performance for 7 years, low liquidity, excessive turnover, and higher fees. See why the Fund is a Sell.
SeekingAlpha
The fund posted returns of-3.37% (Institutional shares) and-3.42%(Investor A shares, without sales charge) for the third quarter of 2024.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.