Targa Resources Corp.

Targa Resources Corp.verified

TRGP

Price:

$207.31

Market Cap:

$45.21B

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

The Dividend Yield as of November 2024 (TTM) for Targa Resources Corp. (TRGP) is 1.33%

According to Targa Resources Corp.’s latest financial reports and current stock price. The company's current Dividend Yield is 1.33%. This represents a change of 148.05% compared to the average of 0.53% of the last 4 quarters.

Targa Resources Corp. (TRGP) Historical Dividend Yield (quarterly & annually)

How has TRGP Dividend Yield performed in the past?

The mean historical Dividend Yield of Targa Resources Corp. over the last ten years is 6.28%. The current 1.33% Dividend Yield has changed -78.87% with respect to the historical average. Over the past ten years (40 quarters), TRGP's Dividend Yield was at its highest in in the March 2020 quarter at 15.03%. The Dividend Yield was at its lowest in in the December 2021 quarter at 0.40%.

Quarterly (TTM)
Annual

Average

6.28%

Median

5.96%

Minimum

1.57%

Maximum

12.36%

Targa Resources Corp. (TRGP) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Targa Resources Corp. Dividend Yield, 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 = 387.36%

Maximum Annual Dividend Yield = 12.36%

Minimum Annual Increase = -75.71%

Minimum Annual Dividend Yield = 1.57%

Quarterly (TTM)
Annual
YearDividend YieldChange
20232.19%-3.64%
20222.27%44.75%
20211.57%-75.71%
20206.46%-36.41%
201910.16%-9.64%
201811.25%32.09%
20178.51%55.84%
20165.46%-55.81%
201512.36%387.36%
20142.54%-74.31%

Targa Resources Corp. (TRGP) Average Dividend Yield

How has TRGP Dividend Yield performed in the past?

The current Dividend Yield 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

2.01%

5-year avg

4.53%

10-year avg

6.28%

Targa Resources Corp. (TRGP) Dividend Yield vs. Peers

How is TRGP’s Dividend Yield compared to its peers?

Targa Resources Corp.’s Dividend Yield is less than Plains GP Holdings, L.P. (6.60%), greater than DCP Midstream, LP (0%), less than Equitrans Midstream Corporation (2.42%), less than Western Midstream Partners, LP (8.23%), less than EnLink Midstream, LLC (0%), less than Plains All American Pipeline, L.P. (3.37%), less than Holly Energy Partners, L.P. (7.08%), greater than Hess Midstream LP (0%), less than MPLX LP (7.17%), less than NuStar Energy L.P. (7.08%), less than Magellan Midstream Partners, L.P. (2.79%), greater than Crestwood Equity Partners LP (0%), greater than null (0%),

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