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TRGP [NYSE]
Targa Resources Corp.
Index- P/E67.72 EPS (ttm)1.00 Insider Own3.19% Shs Outstand42.33M Perf Week-0.69%
Market Cap2.87B Forward P/E38.48 EPS next Y1.76 Insider Trans-87.08% Shs Float38.44M Perf Month1.10%
Income41.90M PEG3.07 EPS next Q0.21 Inst Own78.79% Short Float2.14% Perf Quarter6.98%
Sales5.64B P/S0.51 EPS this Y22.92% Inst Trans-2.23% Short Ratio3.01 Perf Half Y48.09%
Book/sh3.43 P/B19.74 EPS next Y36.43% ROA2.80% Target Price73.50 Perf Year54.26%
Cash/sh2.66 P/C25.44 EPS next 5Y22.05% ROE29.33% 52W Range38.63 - 69.43 Perf YTD30.11%
Dividend1.98 P/FCF- EPS past 5Y0.00% ROI5.32% 52W High-1.47% Beta-
Dividend %2.92% Quick Ratio0.89 Sales past 5Y-4.21% Gross Margin17.83% 52W Low77.09% ATR1.27
Employees1192 Current Ratio1.00 Sales Q/Q-15.07% Oper. Margin5.14% RSI (14)57.67 Volatility1.57% 1.84%
OptionableYes Debt/Eq17.35 EPS Q/Q38.92% Profit Margin2.20% Rel Volume1.90 Prev Close67.72
ShortableYes LT Debt/Eq17.35 EarningsMay 03 BMO Payout178.92% Avg Volume273.01K Price68.41
Recom1.90 SMA201.58% SMA503.49% SMA20024.72% Volume205,815 Change1.02%
06-May-13Reiterated Barclays Overweight $70 → $79
15-Apr-13Reiterated Deutsche Bank Hold $62 → $70
11-Jan-13Reiterated Deutsche Bank Hold $47 → $62
10-Jan-13Reiterated Barclays Overweight $62 → $70
01-May-12Upgrade Robert W. Baird Neutral → Outperform $47 → $60
13-Feb-12Initiated Robert W. Baird Neutral $47
27-Jan-12Initiated Morgan Keegan Outperform $57
05-Jan-12Reiterated Barclays Capital Overweight $39 → $46
25-Oct-11Reiterated Barclays Capital Overweight $37 → $39
20-Jun-11Initiated Deutsche Bank Buy $38
06-May-11Reiterated Barclays Capital Overweight $35 → $38
23-Mar-11Initiated RBC Capital Mkts Outperform $38
21-May-13 09:34AM  The Morning Leverage: Private Equity's High Energy Investments at The Wall Street Journal
16-May-13 04:05PM  Targa Resources Partners LP to Present at the National Association of Publicly Traded Partnerships 2013 MLP Investor Conference GlobeNewswire
09-May-13 04:49PM  Targa Resources Partners LP Prices $625 Million Offering of Senior Notes GlobeNewswire
01:09PM  Gundlach: Moving From Bonds To MLPs Like Moving From Frying Pan Into Fire at Barrons.com
08:57AM  Targa Resources Partners LP Announces $625 Million Offering of Senior Notes GlobeNewswire
06-May-13 04:29PM  9% Current Yield from this U.S. Oil and Gas Royalty Trust -- In Depth Analysis of Expectations for Future Cash Flows Before an Investment Decision Is Required Wall Street Transcript
03-May-13 05:52PM  Targa's CEO Discusses Q1 2013 Results - Earnings Call Transcript at Seeking Alpha
07:07AM  Q1 2013 Targa Resources Corp Earnings Release - Before Market Open CCBN
07:00AM  Targa Resources Partners LP and Targa Resources Corp. Report First Quarter 2013 Financial Results GlobeNewswire
02-May-13 07:22PM  Targa Resources: Heres What Investors Need to Know Before Earnings at Wall St. Cheat Sheet
01-May-13 01:15PM  5 Top Performing Dividend Stocks For 2013 at Seeking Alpha
30-Apr-13 03:18PM  TRGP Breaks Above 3% Yield Territory at Forbes
23-Apr-13 10:24AM  Ex-Div Reminder for Targa Resources at Forbes
18-Apr-13 11:47AM  Wall Street Transcript Interview with Gregory A. Reid, Managing Director of Salient Partners, L.P.: A Long-Term Strategy for Investing in MLPs Wall Street Transcript
16-Apr-13 11:15PM  Targa Resources Announces Dividend Boosts at Motley Fool
05:10PM  Targa Resources Announces First Quarter 2013 Dividend and Distribution GlobeNewswire
04:23PM  Targa Resources Announces Timing of First Quarter 2013 Earnings Releases and Conference Call GlobeNewswire
12-Apr-13 04:11PM  Analyst Moves: THC, TRGP at Forbes
10-Apr-13 06:25PM  Analyst Moves: THC, TRGP at Forbes
01:27PM  Exxon Mobil Price Target is Cut and 4 More Analyst Downgrades to Know About at Wall St. Cheat Sheet
01:22PM  3 Phillips 66 Partners -- Good Investments in Their Own Right? at Motley Fool
09-Apr-13 05:41PM  Alerian Launches New MLP, Energy Infrastructure Indexes at Barrons.com
09:34AM  Spotting The Undervalued And The Overvalued Small Midstream Companies (Part III) at Seeking Alpha
08:35AM  Alerian Announces Real-Time Launch of Two Indices PR Newswire
27-Mar-13 11:20AM  Targa Resources, Inc. (TRGP) Positioned for Strong Dividend Growth North of 20%; Sees Growth Opportunities in the Bakken Shale Wall Street Transcript
08-Mar-13 05:08PM  Targa Resources Larger Than S&P 500 Component Washington Post at Forbes
07-Mar-13 01:23PM  What is the Future of North American Gas? This Wall Street Interview Contains Expert Analysis About the Future of the Oil and Gas Industry Domestically and Internationally Wall Street Transcript
05-Mar-13 10:26AM  Targa Resources Partners LP Announces 2012 Schedule K-1's Available GlobeNewswire
04:00AM  Targa Resources Corp Stock Upgraded (TRGP) at TheStreet
01-Mar-13 01:32PM  Targa Resources adds first women board members at bizjournals.com
26-Feb-13 05:07PM  Targa Resources Corp. Elects New Board Member GlobeNewswire
20-Feb-13 12:05PM  5 Stocks Pushing The Utilities Sector Lower at TheStreet
11:40AM  Targa Resources Corp. and Targa Resources Partners Announce Form 10-K's Available GlobeNewswire
14-Feb-13 05:39PM  Targa Resources' CEO Discusses Q4 2012 Results - Earnings Call Transcript at Seeking Alpha
12:08PM  Targa Resources reports lower Q4 earnings, adds female board member at bizjournals.com
07:00AM  Targa Resources Partners LP and Targa Resources Corp. Report Fourth Quarter and Full Year 2012 Financial Results GlobeNewswire
07-Feb-13 08:30AM  Targa Resources Partners Elects New Board Member GlobeNewswire
24-Jan-13 02:32PM  Barclays MLP Income Picks: TRGP, WMB, OKE, KMI, PAA at Barrons.com
23-Jan-13 04:30PM  Targa Resources Announces Timing of Fourth Quarter and Full Year 2012 Earnings Releases and Conference Call GlobeNewswire
22-Jan-13 11:16AM  Reminder - Targa Resources (TRGP) Goes Ex-Dividend Soon at Forbes
18-Jan-13 01:36PM  If You Like Dividends, You'll Love Targa Resources Partners at Seeking Alpha
16-Jan-13 09:06PM  Don't Get Too Worked Up Over Targa Resources's Earnings at Motley Fool
01:10AM  5:13 pm Targa Resources and Targa Resources Partners (NGLS) increase Q4 2012 dividend Briefing.com
12:16AM  5:13 pm Targa Resources and Targa Resources Partners (NGLS) increase Q4 2012 dividend Briefing.com
15-Jan-13 08:29PM  [$$] 4 Undervalued Energy Plays at Barrons.com
05:56PM  InPlay from Briefing.com Briefing.com
05:19PM  InPlay from Briefing.com Briefing.com
05:13PM  InPlay: Targa Resources and Targa Resources Partners (NGLS) increase Q4 2012 dividend Briefing.com
05:06PM  Targa Resources Announces Fourth Quarter 2012 Dividend and Distribution GlobeNewswire
14-Jan-13 03:09PM  TRGP Breaks Above 3% Yield Territory at Forbes
08-Jan-13 04:30PM  Targa Resources Partners LP Continues to Expand Terminal and LPG Export Capabilities GlobeNewswire
03-Jan-13 12:31PM  Huaneng Power International, Inc and Other Utilities Stocks Making Big Moves on January 3, 2013 at Investopedia
02-Jan-13 12:31PM  Enterprise Products Partners and Other Big Movers In Utilities on January 2, 2013 at Investopedia
08:26AM  4 Dividend Stocks Trending Higher at Seeking Alpha
08:00AM  Targa Resources Completes Previously Announced Bakken Shale Midstream Acquisition -- Renamed Targa Badlands GlobeNewswire
31-Dec-12 12:30PM  Western Gas and Other Big Movers In Utilities on December 31, 2012 at Investopedia
28-Dec-12 12:30PM  Korea Electric Power Corporation and Other Big Movers In Utilities on December 28, 2012 at Investopedia
26-Dec-12 12:30PM  PG&E and Other Big Movers In Utilities on December 26, 2012 at Investopedia
17-Dec-12 12:31PM  Alliant Among Utilities' Biggest Movers on December 17, 2012 at Investopedia
14-Dec-12 10:22AM  President Obama, Listen To Porter Stansberry's Plan For Eliminating The Trade Deficit at Seeking Alpha
05-Dec-12 04:38PM  Targa Resources Moves Up In Market Cap Rank, Passing Federated Investors at Forbes
04-Dec-12 04:08PM  Targa Resources Partners LP Prices $200 Million Offering of Additional 51/4% Senior Notes Due 2023 GlobeNewswire
10:07AM  Targa Resources Partners LP Announces $200 Million Offering of Additional 51/4% Senior Notes Due 2023 GlobeNewswire
29-Nov-12 05:07PM  Targa Resources Partners LP to Present at the Wells Fargo 11th Annual Pipeline, MLP and Energy Symposium GlobeNewswire
28-Nov-12 03:24PM  Natural Gas Demand for Power Generation to Grow Dramatically Over Long Term: One of the 10 Best Oil & Gas Investment Interviews of 2012 Wall Street Transcript
26-Nov-12 01:33AM  A Closer Look At Targa Resources Partners' Distributable Cash Flow As Of 3Q 2012 at Seeking Alpha
16-Nov-12 12:56PM  Targa Resources Posts Updated Investor Presentation for the Bakken Shale Midstream Acquisition to Website GlobeNewswire
10:20AM  Equity Brief: Ratings Changes for November 16th: SZYM, TRGP, TROX, TXN, TZYM, VAR, VMI, VRSN, WFM Thomson Reuters ONE
15-Nov-12 05:19PM  Targa Resources Partners LP Announces Pricing of Common Units GlobeNewswire
12:59PM  Targa Resources (TRGP) Shares Cross Below 200 DMA at Forbes
09:03AM  Another Bakken Shale Deal: Targa Resources Spends $950 Million at The Wall Street Journal
07:10AM  UPDATE 1-Targa Resources Partners to buy Bakken pipeline for $950 mln at Reuters
06:28AM  Targa Resources Partners to buy Bakken pipeline for $950 million at Reuters
06:27AM  Targa Resources Partners to buy Bakken pipeline for $950 mln at Reuters
06:19AM  Targa Resources Partners LP Announces Public Offering of Common Units GlobeNewswire
06:11AM  Targa Resources Expands Footprint With $950 Million Bakken Shale Midstream Acquisition GlobeNewswire
12-Nov-12 12:31PM  Utilities Stocks, Including AEP, Making Big Moves on November 12, 2012 at Investopedia
08-Nov-12 01:11AM  Is Targa Resources Earning Its Keep? at Motley Fool
07-Nov-12 12:30PM  Consolidated Edison and More Big Movers in Utilities on November 7, 2012 at Investopedia
01-Nov-12 07:07AM  Q3 2012 Targa Resources Corp Earnings Release - Before Market Open CCBN
07:00AM  Targa Resources Partners LP and Targa Resources Corp. Report Third Quarter 2012 Financial Results GlobeNewswire
25-Oct-12 05:40PM  Targa Resources Announces Revised Timing of Third Quarter 2012 Earnings Conference Call GlobeNewswire
24-Oct-12 04:01PM  Targa Resources Announces Timing of Third Quarter 2012 Earnings Release and Conference Call GlobeNewswire
22-Oct-12 05:39PM  Targa Resources Partners LP Prices $400 Million Offering of Senior Notes GlobeNewswire
07:45AM  Targa Resources Partners LP Announces $400 Million Offering of Senior Notes GlobeNewswire
18-Oct-12 12:31PM  Spectra and Other Utilities Stocks Making Big Moves on October 18, 2012 at Investopedia
17-Oct-12 04:04PM  InPlay: Targa Resources expects Adjusted EBITDA to be at or slightly below the low end guidance of $515 mln including the impact from Hurricane Isaac and lower average NGL prices Briefing.com
04:01PM  Targa Resources Provides Update on Financial Outlook and Announces Additional Growth Projects GlobeNewswire
16-Oct-12 12:30PM  Kinder Morgan and Other Big Movers In Utilities on October 16, 2012 at Investopedia
10:47AM  Ex-Div Reminder for Targa Resources at Forbes
11-Oct-12 06:44PM  Targa Resources Announces 2012 Investor Conference and Webcast GlobeNewswire
05:31PM  InPlay: Targa Resources and Targa Resources Partners (NGLS) increase quarterly dividend Briefing.com
05:28PM  Targa Resources Announces Third Quarter 2012 Dividend and Distribution GlobeNewswire
10-Oct-12 12:31PM  Enbridge Inc and Other Utilities Stocks Making Big Moves on October 10, 2012 at Investopedia
27-Sep-12 09:28PM  [$$] 3 Ways to Play the Dividend-Rich MLP Boom at Barrons.com
07:03PM  [$$] 3 Ways to Play the Dividend-Rich MLP Boom at Barrons.com
21-Sep-12 12:31PM  Williams Partners Among Utilities' Biggest Movers on September 21, 2012 at Investopedia
31-Aug-12 05:44PM  Targa Resources Partners LP to Present at the Barclays Capital CEO Energy-Power Conference GlobeNewswire
24-Aug-12 01:36PM  Canadian Pipeline and Midstream Infrastructure Expansion Creates Multi Year Buying Opportunity for Investors: Wall Street Transcript Interview with Matthew Akman, Canadian Utility and Power Supply Equity Research Analyst Wall Street Transcript
22-Aug-12 11:40AM  MLPs Can Add Energy to Your Portfolio at Minyanville
Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. It engages in gathering, compressing, treating, processing, and selling natural gas, as well as in storing, fractionating, treating, transporting, terminaling, and selling NGLs, NGL products, refined petroleum products, and crude oil. The company also sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; purchases and resells component NGL products; and transportation services to refineries and petrochemical companies in the Gulf Coast area. The company has approximately 1,460 miles of natural gas gathering pipelines in west Texas; 3,250 miles of natural gas gathering pipelines in Southeastern New Mexico; 1,141 miles of low pressure gathering pipelines in west Texas; 538 miles high-pressure gathering pipelines in west Texas; 2 interconnected gathering systems with 4,340 miles of pipelines in north Texas; approximately 155 miles of crude oil gathering pipelines in North Dakota; and 896 miles of gathering system pipelines covering 3,800 square miles in Southwest Louisiana. It also owns or operates 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2012, the company managed approximately 555 railcars; 82 owned and leased transport tractors; 104 company-owned tank trailers; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is based in Houston, Texas.