Valuation Targa Resources Corp.

Stocks

Market Closed - NYSE Other stock markets 16:00:03 2026-07-22 EDT			5-day change	1st Jan Change
284.45 ^USD	+1.51%		+2.26%	+54.17%

07-21	Morgan Stanley Adjusts Price Target on Targa Resources to $333 From $331, Maintains Overweight Rating	MT
07-21	RBC Raises Price Target on Targa Resources to $310 From $281, Keeps Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	11,961	16,639	19,370	38,924	39,605	61,055	-	-
Change	-	39.1%	16.42%	100.95%	1.75%	54.16%	-	-
Enterprise Value (EV) ¹	18,400	27,956	32,182	52,942	56,871	80,777	81,757	81,184
Change	-	51.93%	15.12%	64.51%	7.42%	42.04%	1.21%	-0.7%
P/E	-746x	18.9x	23.7x	31.1x	21.7x	26.4x	22.8x	19.8x
PBR	5.72x	5.9x	7.06x	15x	12.9x	15.5x	11.9x	9.35x
PEG	-	-0x	-4.18x	0.5x	0.5x	1x	1.4x	1.3x
Capitalization / Revenue	0.71x	0.79x	1.21x	2.38x	2.33x	3.04x	2.66x	2.45x
EV / Revenue	1.09x	1.34x	2x	3.23x	3.34x	4.02x	3.56x	3.26x
EV / EBITDA	8.97x	9.64x	9.12x	12.8x	11.5x	13.8x	12.8x	11.5x
EV / EBIT	21.3x	16.2x	12.3x	19.6x	17.1x	20.7x	18.8x	16.4x
EV / FCF	10.2x	26.7x	82x	378x	106x	-5,467x	59.9x	27.5x
FCF Yield	9.77%	3.74%	1.22%	0.26%	0.95%	-0.02%	1.67%	3.63%
Dividend per Share ²	0.75	1.4	2	3	4	4.988	5.916	6.918
Rate of return	1.44%	1.9%	2.3%	1.68%	2.17%	1.75%	2.08%	2.43%
EPS ²	-0.07	3.88	3.66	5.74	8.49	10.78	12.48	14.37
Distribution rate	-1,071%	36.1%	54.6%	52.3%	47.1%	46.3%	47.4%	48.1%
Net sales ¹	16,950	20,930	16,060	16,382	17,028	20,115	22,964	24,895
EBITDA ¹	2,052	2,901	3,530	4,142	4,957	5,840	6,384	7,041
EBIT ¹	864.8	1,729	2,626	2,695	3,331	3,904	4,350	4,957
Net income ¹	-16.1	896.8	835.8	1,279	1,852	2,291	2,575	3,050
Net Debt ¹	6,439	11,317	12,812	14,017	17,266	19,722	20,702	20,129
Reference price ²	52.24	73.50	86.87	178.50	184.50	284.45	284.45	284.45
Nbr of stocks (in thousands)	228,972	226,375	222,976	218,063	214,659	214,644	-	-
Announcement Date	2/24/22	2/22/23	2/15/24	2/20/25	2/19/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TARGA RESOURCES CORP.	26.38x	4.02x	13.83x	1.75%	61.06B
ENBRIDGE INC.	27.35x	4.28x	13.97x	4.9%	123B
WILLIAMS COMPANIES, INC.	31.61x	10.11x	14.83x	2.83%	91.1B
ENTERPRISE PRODUCTS PARTNERS L.P.	13.55x	2.14x	10.95x	5.8%	84.14B
KINDER MORGAN, INC.	22.25x	5.83x	11.7x	3.66%	72.28B
TC ENERGY CORPORATION	24.48x	10.28x	13.93x	3.57%	72.75B
ONEOK, INC.	16.12x	2.37x	10.88x	4.69%	57.82B
MPLX LP	13.14x	6.38x	11.33x	8%	57.44B
CHENIERE ENERGY PARTNERS, L.P.	18x	3.87x	11.57x	4.93%	31.25B
PEMBINA PIPELINE CORPORATION	23.77x	6.62x	12.97x	4.08%	29.57B
Average	21.66x	5.59x	12.60x	4.42%	68.03B
Weighted average by Cap.	22.54x	5.68x	12.81x	4.39%