Targa Resources Corp.

Targa Resources Corp. - Current Ratioverified

0LD9.L

Targa Resources Corp., along with its affiliated entity, Targa Resources Partners LP, operates as a prominent North American midstream energy enterprise. Its business encompasses the ownership, management, procurement, and expansion of essential energy infrastructure. The company's activities are broadly categorized into two key divisions: Gathering and Processing, and Logistics and Transportation. Within its operations, Targa undertakes a comprehensive array of services for natural gas, including its collection, compression, purification, processing, conveyance, and final distribution. Similarly, for natural gas liquids (NGLs) and their derivatives, it provides storage, fractionation, treat...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2018-01-29

Stock Exchange

LSE

Ticker

0LD9.L

The Current Ratio as of October 2026 (TTM) for Targa Resources Corp. (0LD9.L) is 0.77

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 5.28% compared to the average of 0.73 of the last 4 quarters.

Targa Resources Corp. (0LD9.L) Historical Current Ratio (quarterly & annually)

How has 0LD9.L Current Ratio performed in the past?

The mean historical Current Ratio of Targa Resources Corp. over the last ten years is 0.76. The current 0.77 Current Ratio has changed 10.06% with respect to the historical average. Over the past ten years (40 quarters), 0LD9.L's Current Ratio was at its highest in in the September 2020 quarter at 1.05. The Current Ratio was at its lowest in in the December 2018 quarter at 0.51.

Quarterly (TTM)
Annual

Average

0.76

Median

0.78

Minimum

0.51

Maximum

0.89

Targa Resources Corp. (0LD9.L) Current Ratio by Quarter and Year

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 = 0.89

Minimum Annual Increase = -35.46%

Minimum Annual Current Ratio = 0.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.67-7.96%
20240.72-8.94%
20230.793.44%
20220.77-0.20%
20210.77-6.18%
20200.82-7.33%
20190.8974.68%
20180.51-35.46%
20170.79-8.90%
20160.86-18.00%

Targa Resources Corp. (0LD9.L) Average Current Ratio

How has 0LD9.L Current Ratio performed in the past?

The current Current Ratio of Targa Resources Corp. (0LD9.L) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.73

5-year avg

0.74

10-year avg

0.76

Targa Resources Corp. (0LD9.L) Current Ratio vs. Peers

How is 0LD9.L’s Current Ratio compared to its peers?

Targa Resources Corp.’s Current Ratio is less than Enterprise Products Partners L.P. (0.93), less than MPLX Lp (0.89), less than NGL Energy Partners LP (1.14), greater than ONEOK, Inc. (0.74), greater than The Williams Companies, Inc. (0.48), less than Plains All American Pipeline, L.P. (1.12), greater than Kinder Morgan, Inc. (0.51), less than Delek Logistics Partners, LP (0.96), less than Western Midstream Partners, LP (0.91),

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