TRGP
Price:
$258.58
Market Cap:
$55.50B
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 ROE is 73.92%. This represents a change of 295.45% compared to the average of 18.69% of the last 4 quarters.
The mean historical ROE of Targa Resources Corp. over the last ten years is 12.02%. The current 73.92% ROE has changed 514.80% 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 -57.42%.
Average
12.02%
Median
2.21%
Minimum
-58.55%
Maximum
60.12%
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 = 1.28%
Maximum Annual ROE = 60.12%
Minimum Annual Increase = -16253.50%
Minimum Annual ROE = -58.55%
| Year | ROE | Change |
|---|---|---|
| 2025 | 60.12% | 22.77% |
| 2024 | 48.97% | 61.99% |
| 2023 | 30.23% | -29.46% |
| 2022 | 42.85% | 1.11% |
| 2021 | 3.54% | -106.04% |
| 2020 | -58.55% | 1.28% |
| 2019 | -4.25% | -16253.50% |
| 2018 | 0.03% | -97.00% |
| 2017 | 0.88% | -124.56% |
| 2016 | -3.57% | -189.45% |
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
46.44%
5-year avg
37.14%
10-year avg
12.02%
Targa Resources Corp.’s ROE is less than EQT Corporation (14.34%), less than ONEOK, Inc. (15.92%), less than Cenovus Energy Inc. (15.23%), less than Woodside Energy Group Ltd (7.67%), less than Cheniere Energy Partners, L.P. (95.30%), less than Occidental Petroleum Corporation (12.82%), less than Energy Transfer LP (13.97%), less than Pembina Pipeline Corporation (9.98%), less than Diamondback Energy, Inc. (1.06%), less than Plains All American Pipeline, L.P. (11.77%),
| Company | ROE | Market cap |
|---|---|---|
| 14.34% | $31.74B | |
| 15.92% | $53.57B | |
| 15.23% | $46.92B | |
| 7.67% | $38.01B | |
| 95.30% | $28.10B | |
| 12.82% | $51.54B | |
| 13.97% | $64.52B | |
| 9.98% | $26.83B | |
| 1.06% | $51.62B | |
| 11.77% | $15.06B |
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