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Upturn AI SWOT - About
Targa Resources Inc (TRGP)
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Upturn Advisory Summary
04/01/2025: TRGP (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 47.86% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 44.18B USD | Price to earnings Ratio 35.44 | 1Y Target Price 217.85 |
Price to earnings Ratio 35.44 | 1Y Target Price 217.85 | ||
Volume (30-day avg) 1857711 | Beta 2.32 | 52 Weeks Range 108.58 - 217.71 | Updated Date 04/1/2025 |
52 Weeks Range 108.58 - 217.71 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.50% | Basic EPS (TTM) 5.73 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.01% | Operating Margin (TTM) 15.9% |
Management Effectiveness
Return on Assets (TTM) 7.76% | Return on Equity (TTM) 34.41% |
Valuation
Trailing PE 35.44 | Forward PE 25.51 | Enterprise Value 58292753369 | Price to Sales(TTM) 2.7 |
Enterprise Value 58292753369 | Price to Sales(TTM) 2.7 | ||
Enterprise Value to Revenue 3.56 | Enterprise Value to EBITDA 14.12 | Shares Outstanding 217584992 | Shares Floating 214274629 |
Shares Outstanding 217584992 | Shares Floating 214274629 | ||
Percent Insiders 1.41 | Percent Institutions 93.13 |
Analyst Ratings
Rating 4.41 | Target Price 198.65 | Buy 5 | Strong Buy 14 |
Buy 5 | Strong Buy 14 | ||
Hold 2 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Targa Resources Inc
Company Overview
History and Background
Targa Resources Corp. was founded in 2003 and went public in 2007. It is a leading provider of midstream services in North America, connecting energy producers to domestic and international markets.
Core Business Areas
- Gathering and Processing: This segment gathers raw natural gas from wellheads and processes it to remove impurities and separate it into marketable products like natural gas liquids (NGLs).
- Logistics and Transportation: This segment transports, stores, and fractionates NGLs. They also provide crude oil logistics services.
Leadership and Structure
Targa Resources Inc. is led by CEO Matthew Meloy. The company has a board of directors overseeing strategic decisions and various operational departments responsible for specific business functions.
Top Products and Market Share
Key Offerings
- Natural Gas Gathering and Processing: Targa's gathering and processing operations are crucial for connecting producers to markets. They are a major player in several key producing regions. Competitors include Energy Transfer Partners (ET), Williams Companies (WMB), and Kinder Morgan (KMI).
- NGL Logistics and Transportation: Targa's NGL infrastructure facilitates the movement of NGLs from processing plants to end-use markets. Competitors include Enterprise Products Partners (EPD) and ONEOK (OKE).
Market Dynamics
Industry Overview
The midstream energy sector is driven by the production of oil and natural gas. Demand for energy, infrastructure constraints, and regulatory changes influence the industry.
Positioning
Targa Resources Inc. is a significant player in the midstream sector, particularly in NGLs. Its extensive infrastructure network provides a competitive advantage.
Total Addressable Market (TAM)
The total addressable market for midstream services is estimated to be in the hundreds of billions of dollars annually. Targa is well-positioned to capture a significant portion of this market due to its strategic assets and operational expertise.
Upturn SWOT Analysis
Strengths
- Extensive midstream infrastructure network
- Strategic asset locations in key producing regions
- Strong relationships with producers
- Experienced management team
Weaknesses
- Exposure to commodity price fluctuations
- High debt levels
- Dependence on producer activity
- Susceptibility to regulatory changes
Opportunities
- Expanding infrastructure to support growing production
- Acquiring strategic assets
- Increasing export capacity
- Developing new technologies to improve efficiency
Threats
- Decline in oil and gas production
- Increased competition
- Changes in environmental regulations
- Economic downturn
Competitors and Market Share
Key Competitors
- ET
- EPD
- WMB
- OKE
- KMI
Competitive Landscape
Targa competes with other large midstream companies for producer contracts and infrastructure projects. Its strengths include its strategic asset locations and operational expertise. Weaknesses include exposure to commodity price fluctuations and high debt levels.
Major Acquisitions
Lucid Energy Group
- Year: 2022
- Acquisition Price (USD millions): 3550
- Strategic Rationale: Expanded Targa's presence in the Delaware Basin, a key growth area for natural gas and NGLs.
Growth Trajectory and Initiatives
Historical Growth: This requires accessing real-time financial data sources and is not feasible in this context.
Future Projections: This requires accessing real-time financial data sources and is not feasible in this context.
Recent Initiatives: Recent initiatives include expansions of processing capacity in the Permian Basin and investments in export infrastructure.
Summary
Targa Resources is a significant player in the midstream energy sector with a strong asset base. Its strategic locations and infrastructure are working well to drive profitability. However, the company faces commodity price risk, high debt, and regulatory uncertainty that could hinder future growth. They must carefully manage capital expenditures and regulatory changes.
Similar Companies
- ET
- EPD
- WMB
- OKE
- KMI
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Targa Resources Inc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2010-12-07 | CEO & Director Mr. Matthew J. Meloy | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 3370 | Website https://www.targaresources.com |
Full time employees 3370 | Website https://www.targaresources.com | ||
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
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