TRGP
Price:
$180.72
Market Cap:
$39.41B
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of pr...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2010-12-07
Stock Exchange
NYSE
Ticker
TRGP
According to Targa Resources Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of 5.98% compared to the average of 0.73 of the last 4 quarters.
The mean historical Current Ratio of Targa Resources Corp. over the last ten years is 0.83. The current 0.77 Current Ratio has changed 9.20% with respect to the historical average. Over the past ten years (40 quarters), TRGP's Current Ratio was at its highest in in the September 2015 quarter at 1.16. The Current Ratio was at its lowest in in the December 2018 quarter at 0.51.
Average
0.83
Median
0.81
Minimum
0.51
Maximum
1.07
Discovering the peaks and valleys of Targa Resources Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 74.68%
Maximum Annual Current Ratio = 1.07
Minimum Annual Increase = -35.46%
Minimum Annual Current Ratio = 0.51
Year | Current Ratio | Change |
---|---|---|
2023 | 0.79 | 3.44% |
2022 | 0.77 | -0.20% |
2021 | 0.77 | -6.18% |
2020 | 0.82 | -7.33% |
2019 | 0.89 | 74.68% |
2018 | 0.51 | -35.46% |
2017 | 0.79 | -8.90% |
2016 | 0.86 | -17.37% |
2015 | 1.04 | -2.21% |
2014 | 1.07 | -8.37% |
The current Current Ratio of Targa Resources Corp. (TRGP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.78
5-year avg
0.81
10-year avg
0.83
Targa Resources Corp.’s Current Ratio is less than Plains GP Holdings, L.P. (1.01), greater than DCP Midstream, LP (0.68), greater than Equitrans Midstream Corporation (0.68), less than Western Midstream Partners, LP (1.11), less than EnLink Midstream, LLC (0), greater than Plains All American Pipeline, L.P. (0.42), less than Holly Energy Partners, L.P. (1.01), greater than Hess Midstream LP (0.11), greater than MPLX LP (0.70), less than NuStar Energy L.P. (0.99), less than Magellan Midstream Partners, L.P. (0.81), less than Crestwood Equity Partners LP (0.98), less than null (1.31),
Company | Current Ratio | Market cap |
---|---|---|
1.01 | $3.67B | |
0.68 | $8.70B | |
0.68 | $5.43B | |
1.11 | $15.14B | |
0 | $6.59B | |
0.42 | $12.05B | |
1.01 | $2.59B | |
0.11 | $8.13B | |
0.70 | $49.37B | |
0.99 | $2.78B | |
0.81 | $13.94B | |
0.98 | $2.97B | |
1.31 | $0 |
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