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 ROE is 48.10%. This represents a change of 298.62% compared to the average of 12.07% of the last 4 quarters.
The mean historical ROE of Targa Resources Corp. over the last ten years is 11.57%. The current 48.10% ROE has changed 315.78% with respect to the historical average. Over the past ten years (40 quarters), TRGP's ROE was at its highest in in the June 2022 quarter at 28.81%. The ROE was at its lowest in in the March 2020 quarter at -52.44%.
Average
11.57%
Median
2.42%
Minimum
-44.83%
Maximum
60.25%
Discovering the peaks and valleys of Targa Resources Corp. ROE, 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 = 3.03%
Maximum Annual ROE = 60.25%
Minimum Annual Increase = -5758.31%
Minimum Annual ROE = -44.83%
Year | ROE | Change |
---|---|---|
2023 | 49.13% | 46.02% |
2022 | 33.64% | 120.10% |
2021 | 15.29% | -134.09% |
2020 | -44.83% | -5758.31% |
2019 | 0.79% | 3.03% |
2018 | 0.03% | -97.01% |
2017 | 0.85% | -124.59% |
2016 | -3.44% | -186.32% |
2015 | 3.99% | -93.38% |
2014 | 60.25% | 37.71% |
The current ROE 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
32.68%
5-year avg
10.80%
10-year avg
11.57%
Targa Resources Corp.’s ROE is less than Plains GP Holdings, L.P. (10.55%), greater than DCP Midstream, LP (-35101.83%), less than Equitrans Midstream Corporation (26.34%), less than Western Midstream Partners, LP (47.78%), less than EnLink Midstream, LLC (0%), less than Plains All American Pipeline, L.P. (14.47%), less than Holly Energy Partners, L.P. (9.41%), less than Hess Midstream LP (11.86%), less than MPLX LP (46.09%), less than NuStar Energy L.P. (32.32%), less than Magellan Midstream Partners, L.P. (28.40%), greater than Crestwood Equity Partners LP (-832.78%), less than null (5.08%),
Company | ROE | Market cap |
---|---|---|
10.55% | $3.67B | |
-35101.83% | $8.70B | |
26.34% | $5.43B | |
47.78% | $15.14B | |
0% | $6.59B | |
14.47% | $12.05B | |
9.41% | $2.59B | |
11.86% | $8.13B | |
46.09% | $49.37B | |
32.32% | $2.78B | |
28.40% | $13.94B | |
-832.78% | $2.97B | |
5.08% | $0 |
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