Targa Resources (TRGP) Statistics

Targa Resources Corp (TRGP) is a leading provider of midstream energy services in North America. The company operates an extensive network of assets that include natural gas gathering and processing plants, NGL fractionation facilities, and crude oil and refined product storage and terminaling facilities. With a market capitalization of over $10 billion, TRGP is one of the largest companies in its sector. The stock has a beta of 1.2, indicating that it is slightly more volatile than the overall market. However, despite this higher risk profile, the stock offers investors a generous dividend yield of around 8%.

In terms of valuation metrics, TRGP is currently trading at a price-to-earnings (P/E) ratio of 15. This suggests that the stock is relatively inexpensive compared to its earnings potential. The company also has a price-to-sales (P/S) ratio of 1.2, indicating that the stock is attractively priced relative to its revenue. On a fundamental basis, TRGP has a strong balance sheet with a manageable level of debt. The company's debt-to-equity ratio stands at 0.8, indicating that it has a relatively low level of financial leverage. TRGP also has a healthy profit margin of 10%, highlighting its ability to generate profits from its operations. Overall, Targa Resources Corp is a well-managed company with solid financials and an attractive valuation.