TRGP
Price:
$272.6
Market Cap:
$58.51B
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providi...[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 0.72. This represents a change of 0.68% compared to the average of 0.71 of the last 4 quarters.
The mean historical Current Ratio of Targa Resources Corp. over the last ten years is 0.76. The current 0.72 Current Ratio has changed 9.37% 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 2020 quarter at 1.05. The Current Ratio was at its lowest in in the December 2018 quarter at 0.51.
Average
0.76
Median
0.78
Minimum
0.51
Maximum
0.89
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
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.67 | -7.96% |
| 2024 | 0.72 | -8.94% |
| 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 | -18.00% |
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
0.73
5-year avg
0.74
10-year avg
0.76
Targa Resources Corp.’s Current Ratio is greater than EQT Corporation (0.66), greater than ONEOK, Inc. (0.71), less than Cenovus Energy Inc. (1.57), less than Woodside Energy Group Ltd (1.59), greater than Cheniere Energy Partners, L.P. (0.42), less than Occidental Petroleum Corporation (1.21), less than Energy Transfer LP (1.17), less than Pembina Pipeline Corporation (0.83), greater than Diamondback Energy, Inc. (0.56), less than Plains All American Pipeline, L.P. (0.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.66 | $32.49B | |
| 0.71 | $57.07B | |
| 1.57 | $52.72B | |
| 1.59 | $43.74B | |
| 0.42 | $30.59B | |
| 1.21 | $56.24B | |
| 1.17 | $65.62B | |
| 0.83 | $28.11B | |
| 0.56 | $54.05B | |
| 0.94 | $15.83B |
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