Lumida
/TRGP
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Targa Resources Corp

Targa Resources Corp

TRGP
$290.25USD-0.57%-1.66 today

MARKET CAP

62.2B

P/E (TTM)

27.9x

FWD P/E

25.1x

DAY RANGE

$287 – $295

52W RANGE

$144
$308

AI Summary

Stalk
Buy NowMedium

TRGP remains in a Stage 2 advancing regime within a long-term uptrend, supported by clear higher highs and higher lows, and EMAs rising. Short-term price is tightly tracking above rising 9- and 20-day EMAs with RSI in neutral territory, providing a favorable entry now. Execution should focus on continuation participation, engaging on shallow pullbacks into the EMAs or on acceptance above recent highs near the 288–292 range.

  • Q1 adjusted EBITDA $1.4B (+5% sequentially) demonstrating resilience
  • Permian gas volumes +11% YoY to 6 Bcf/d driving fee income
  • Elevated debt levels limit flexibility if interest rates climb
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$16.9B$20.9B$16.1B$16.4B$17.0B
YoY %+105.2%+23.5%-23.3%+2.0%+3.9%
P / Sales0.7x0.8x1.2x2.4x2.4x
EV / Sales1.2x1.5x2.2x3.5x3.6x
Gross Profit, Adj.$3.2B$4.0B$5.4B$5.7B$6.5B
YoY %+4.8%+25.7%+33.0%+5.5%+14.8%
Margin %19.0%19.3%33.5%34.7%38.3%
EV / Gross Profit6.5x7.6x6.6x10.2x9.5x
EBITDA, Adj.$2.2B$2.8B$4.0B$4.1B$4.8B
YoY %+9.2%+29.1%+40.1%+4.1%+17.0%
Margin %12.9%13.5%24.6%25.1%28.3%
EV / EBITDA9.6x10.9x9.0x14.0x12.8x
EBIT$864.8M$1.7B$2.6B$2.7B$3.3B
YoY %+166.3%+99.9%+52.0%+2.6%+22.5%
Margin %5.1%8.3%16.4%16.5%19.4%
EV / EBIT24.4x17.7x13.5x21.4x18.7x
Net Income$-16.1M$896.8M$828.2M$1.3B$1.8B
YoY %+99.0%+5670.2%-7.6%+53.3%+45.0%
Net Margin-0.1%4.3%5.2%7.7%10.8%
EPS (GAAP)-$0.07$3.88$3.66$5.74$8.49
YoY %+99.0%+5642.9%-5.7%+56.8%+47.9%