Targa Resources share price today

(TRGP)

Targa Resources share price is $176.79 & ₹15,022.91 as on 21 Dec 2024, 2.30 'hrs' IST

$176.79

▲

4.26

(2.47%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Targa Resources share price in Dollar and Rupees. Guide to invest in Targa Resources from India. Also see the sentimental analysis on Indian investors investing in Targa Resources. Get details on the Indian mutual funds that are investing in Targa Resources. Get Analyst recommendations and forecasts along with all the Targa Resources's financials.

Targa Resources share price movements

Today's Low: $171.92
Today's High: $176.79
$176.79
2.76%
Downside
Day's Volatility :2.76%
Upside
0.0%
52 Weeks Low: $81.03
52 Weeks High: $209.87
$176.79
54.17%
Downside
52 Weeks Volatility :61.39%
Upside
15.76%

Targa Resources Returns

Period	Targa Resources Corp.	Sector (Energy)	Index (Russel 2000)
3 Months	13.67%	-5.2%	0.0%
6 Months	37.47%	-6.3%	0.0%
1 Year	101.93%	-1.0%	0.0%
3 Years	247.94%	53.3%	-20.4%

Targa Resources Key Statistics

in dollars & INR

Previous Close	$172.53
Open	$171.68
Today's High	$176.79
Today's Low	$171.915
Market Capitalization	$37.6B
Today's Volume	$4.4M
52 Week High	$209.87
52 Week Low	$81.03
Revenue TTM	$16.2B
EBITDA	$4.0B
Earnings Per Share (EPS)	$5.54
PE Ratio	31.14
Dividend Yield	1.74%
Profit Margin	7.77%
Quarterly Earnings Growth YOY	0.8%
Return On Equity TTM	33.89%

How to invest in Targa Resources from India?

It is very easy for Indian residents to invest directly in Targa Resources from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Targa Resources stock in both Indian Rupees (INR) and US Dollars (USD). Search for Targa Resources or TRGP on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Targa Resources or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Targa Resources shares which would translate to 0.005 fractional shares of Targa Resources as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Targa Resources, in just a few clicks!

Returns in Targa Resources for Indian investors in Rupees

Investment Value

₹1,00,000

Targa Resources investment value today

Current value as on today

₹2,04,126

Returns

₹1,04,126

(+104.13%)

Returns from Targa Resources Stock

₹1,01,930 (+101.93%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Targa Resources

11.25%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Investment in Targa Resources from India has grown in the last 30 days as on Dec 22, 2024. 11.25% more purchase transactions for Targa Resources in the last 30 days versus the previous period.

-6%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Targa Resources on INDmoney from India has reduced in the last 30 days as on Dec 22, 2024. -6% less investors are searching Targa Resources in the last 30 days versus the previous period.

Indian Mutual Funds that invest in Targa Resources

Name	Shares Held	Change in Shares	% of Assets
Motilal Oswal S&P 500 Index Fund Direct Growth	1883	21.07	0.09%

Global Institutional Holdings in Targa Resources

Vanguard Group Inc
12.39%
BlackRock Inc
9.47%
Wellington Management Company LLP
6.93%
State Street Corp
6.58%
Blackstone Inc
2.75%
Geode Capital Management, LLC
2.62%

Analyst Recommendation on Targa Resources

Buy

96%Buy

3%Hold

0%Sell

Based on 28 Wall street analysts offering stock ratings for Targa Resources(by analysts ranked 0 to 5 stars)

Based on 28 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Targa Resources

What analysts predicted

Upside of 12.23%

Current:

$176.79

Target:

$198.41

Insights on Targa Resources

Price Movement
In the last 1 year, TRGP stock has moved up by 103.9%
Increasing Revenue
Targa Resources Corp. has shown positive revenue growth over the last two quarters. Their revenue increased from $3.61 billion to $3.85 billion, which represents an average increase of 6.1% per quarter.
Increasing Net Profit
Targa Resources Corp. has shown strong profit growth over the last three quarters. The company's net profit increased from $275.2 million to $387.4 million, reflecting an average growth of 15.4% each quarter.

Targa Resources Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$10.5B	↑ 18.93%
Net Income	$1.6M	↓ 97.04%
Net Profit Margin	0.02%	↓ 0.59%

	FY19	Y/Y Change
Revenue	$8.7B	↓ 17.29%
Net Income	$41.2M	↑ 2475.0%
Net Profit Margin	0.48%	↑ 0.46%

	FY20	Y/Y Change
Revenue	$8.3B	↓ 4.74%
Net Income	$-1.3B	↓ 3316.02%
Net Profit Margin	-16.04%	↓ 16.52%

	FY21	Y/Y Change
Revenue	$16.9B	↑ 105.2%
Net Income	$422.1M	↓ 131.86%
Net Profit Margin	2.49%	↑ 18.53%

	FY22	Y/Y Change
Revenue	$20.9B	↑ 23.48%
Net Income	$896.8M	↑ 112.46%
Net Profit Margin	4.28%	↑ 1.79%

	FY23	Y/Y Change
Revenue	$16.1B	↓ 23.27%
Net Income	$1.3B	↑ 50.08%
Net Profit Margin	8.38%	↑ 4.1%

	Q2 FY23	Q/Q Change
Revenue	$3.4B	↓ 24.71%
Net Income	$329.3M	↓ 33.74%
Net Profit Margin	9.67%	↓ 1.32%

	Q3 FY23	Q/Q Change
Revenue	$3.9B	↑ 14.48%
Net Income	$220.0M	↓ 33.19%
Net Profit Margin	5.65%	↓ 4.02%

	Q4 FY23	Q/Q Change
Revenue	$4.2B	↑ 8.6%
Net Income	$299.6M	↑ 36.18%
Net Profit Margin	7.08%	↑ 1.43%

	Q1 FY24	Q/Q Change
Revenue	$4.6B	↑ 8.64%
Net Income	$275.2M	↓ 8.14%
Net Profit Margin	5.99%	↓ 1.09%

	Q2 FY24	Q/Q Change
Revenue	$3.6B	↓ 21.29%
Net Income	$298.5M	↑ 8.47%
Net Profit Margin	8.25%	↑ 2.26%

	Q3 FY24	Q/Q Change
Revenue	$3.9B	↑ 6.44%
Net Income	$387.4M	↑ 29.78%
Net Profit Margin	10.06%	↑ 1.81%

	FY18	Y/Y Change
Profit	$1.4B	↑ 30.07%

	FY19	Y/Y Change
Profit	$1.6B	↑ 10.57%

	FY20	Y/Y Change
Profit	$2.3B	↑ 44.85%

	FY21	Y/Y Change
Profit	$2.3B	↑ 2.6%

	FY22	Y/Y Change
Profit	$3.0B	↑ 25.62%

	FY23	Y/Y Change
Profit	$4.1B	↑ 37.35%

	Q2 FY23	Q/Q Change
Profit	$1.0B	↓ 14.79%

	Q3 FY23	Q/Q Change
Profit	$875.3M	↓ 12.71%

	Q4 FY23	Q/Q Change
Profit	$722.4M	↓ 17.47%

	Q1 FY24	Q/Q Change
Profit	$761.0M	↑ 5.34%

	Q2 FY24	Q/Q Change
Profit	$781.9M	↑ 2.75%

	Q3 FY24	Q/Q Change
Profit	$830.4M	↑ 6.2%

	FY18	Y/Y Change
Operating Cash Flow	$1.1B	↑ 21.77%
Investing Cash Flow	$-3.1B	↑ 66.27%
Financing Cash Flow	$2.1B	↑ 106.29%

	FY19	Y/Y Change
Operating Cash Flow	$1.4B	↑ 21.49%
Investing Cash Flow	$-3.1B	↓ 2.38%
Financing Cash Flow	$1.8B	↓ 15.1%

	FY20	Y/Y Change
Operating Cash Flow	$1.7B	↑ 25.52%
Investing Cash Flow	$-738.1M	↓ 75.97%
Financing Cash Flow	$-1.1B	↓ 161.46%

	FY21	Y/Y Change
Operating Cash Flow	$2.3B	↑ 32.01%
Investing Cash Flow	$-473.2M	↓ 35.89%
Financing Cash Flow	$-1.9B	↑ 74.84%

	FY22	Y/Y Change
Operating Cash Flow	$2.4B	↑ 3.38%
Investing Cash Flow	$-4.1B	↑ 776.94%
Financing Cash Flow	$1.8B	↓ 195.58%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$676.8M	↓ 42.14%
Investing Cash Flow	$-593.8M	↑ 23.5%
Financing Cash Flow	$-125.4M	↓ 81.99%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$407.3M	↓ 39.82%
Investing Cash Flow	$-599.2M	↑ 0.91%
Financing Cash Flow	$162.0M	↓ 229.19%

Targa Resources Technicals Summary

Sell

Neutral

Buy

Targa Resources is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Targa Resources Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Targa Resources Corp.	-14.72%	37.47%	101.93%	247.94%	338.58%
Enbridge Inc.	-4.37%	17.8%	13.9%	8.87%	4.58%
Enterprise Products Partners L.p.	-5.58%	6.94%	18.28%	44.34%	9.35%
Williams Companies, Inc.	-10.33%	24.08%	52.31%	106.92%	124.37%
Kinder Morgan, Inc.	-5.76%	33.52%	50.42%	71.68%	27.07%
Energy Transfer Equity, L.p.	-1.1%	18.54%	36.87%	129.44%	44.3%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Targa Resources Corp.	31.14	31.14	1.02	6.5	0.34	0.08	0.02	11.79
Enbridge Inc.	20.08	20.08	1.72	2.79	0.1	0.03	0.07	27.08
Enterprise Products Partners L.p.	11.48	11.48	2.96	2.69	0.21	0.06	0.07	13.08
Williams Companies, Inc.	22.28	22.28	8.64	1.94	0.21	0.04	0.04	10.17
Kinder Morgan, Inc.	23.22	23.22	1.92	1.17	0.08	0.04	0.04	13.69
Energy Transfer Equity, L.p.	13.43	13.43	0.65	1.43	0.15	0.05	0.07	9.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Targa Resources Corp.	Buy	$37.6B	338.58%	31.14	7.77%
Enbridge Inc.	Buy	$90.1B	4.58%	20.08	13.73%
Enterprise Products Partners L.p.	Buy	$66.2B	9.35%	11.48	10.33%
Williams Companies, Inc.	Hold	$64.1B	124.37%	22.28	27.75%
Kinder Morgan, Inc.	Hold	$58.3B	27.07%	23.22	16.77%
Energy Transfer Equity, L.p.	Buy	$62.6B	44.3%	13.43	6.05%

Targa Resources Dividend announcements

Targa Resources Dividends December, 2024
In the quarter ending December,2024. Targa Resources has declared dividend of $0.75
Read More

About Targa Resources

targa resources is a growth-oriented provider of midstream services and is one of the largest independent midstream energy companies in north america. we own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. targa offers a dynamic work environment where you can learn, develop and grow. we encourage employee input and active involvement towards our continuous performance improvement in all areas of our business.with people as our priority, we are committed to safety and to providing the support required to help employees achieve their goals.

Organization	Targa Resources
Employees	3182
CEO	Mr. Matthew J. Meloy
Industry	Energy Minerals

Management People of Targa Resources

Name	Title
Mr. Matthew J. Meloy	CEO & Director
Ms. Jennifer R. Kneale	President of Finance & Administration
Mr. D. Scott Pryor	President of Logistics & Transportation
Mr. Patrick J. McDonie	President of Gathering & Processing
Mr. Robert M. Muraro	Chief Commercial Officer
Mr. William A Byers	Executive Vice President & CFO
Ms. Julie H. Boushka	Senior VP & Chief Accounting Officer
Mr. Sanjay Lad C.F.A.	Vice President of Finance & Investor Relations
Mr. Gerald R. Shrader	Executive VP, General Counsel & Secretary
Mr. Denny Latham	Executive VP of Permian & General Partner

Important FAQs about investing in Targa Resources from India :

What is Targa Resources share price today?

Targa Resources share price today stands at $176.79, Open: $171.68 ; Previous Close: $172.53 ; High: $176.79 ; Low: $171.92 ; 52 Week High: $209.87 ; 52 Week Low: $81.03. The stock opens at $171.68, after a previous close of $172.53. The stock reached a daily high of $176.79 and a low of $171.92, with a 52-week high of $209.87 and a 52-week low of $81.03.

Can Indians buy Targa Resources shares?

Yes, Indians can invest in the Targa Resources (TRGP) from India.

With INDmoney, you can buy Targa Resources at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Targa Resources at zero transaction cost.

How can I buy Targa Resources shares from India?

It is very easy to buy Targa Resources from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Targa Resources be purchased?

Yes, you can buy fractional shares of Targa Resources with INDmoney app.

What are the documents required to start investing in Targa Resources stocks?

To start investing in Targa Resources, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.