Targa Resources Corp. Stock
€122.25
Your prediction
Targa Resources Corp. Stock
Pros and Cons of Targa Resources Corp. in the next few years
Pros
Cons
Performance of Targa Resources Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Targa Resources Corp. | -1.570% | 3.496% | 15.890% | 76.283% | 59.341% | 236.992% | 259.289% |
| New Jersey Resources | -1.010% | -3.415% | -1.493% | -8.756% | -1.980% | 15.789% | -10.468% |
| One Gas Inc. | - | 4.425% | 3.509% | -15.714% | 2.609% | -4.839% | - |
| Northwest Natural Holding Company | 0.300% | -1.499% | -4.310% | -17.146% | -6.859% | -26.652% | -43.247% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initial review, it appears that Targa Resources Corp., a leading company in the Natural Gas Utilities industry, is portraying an interesting picture through its financials. The various reports and numbers present a dynamic sketch of the company's standing, reflecting a gradual evolution of its position within the market over the years. However, as with any financial assessment, certain advantages and drawbacks become apparent under a closer and more scrutinized examination.
Robust Revenue: The company’s finances witness a substantial total revenue of $20.93 billion in 2022. It seemed to demonstrate a sizeable base of operations and hints at a strong commercial presence.
Healthy Earnings: TRGP recorded a net income of $1.19 billion in 2022, indicating a profitable year. This is a positive sign for stakeholders, as such earnings provide a much-needed safety net for any potential future financial turbulence.
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