Targa Resources Corp.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistic…

Oil & Gas Midstream

US, Houston [HQ]

Financials

Analysts

Wall Street · Earnings · Institutional Sentiment

A comprehensive analysis section that covers unveiling insights about Targa Resources Corp.'s gradings, price targets and earnings estimates.

Earnings

See the historical earnings and what wall street analysts forecasted and
forecast for future earnings.

Reported

Past Estimate Consensus

Future Estimate Consensus

EPS Revenue EBITDA EBIT SGA

All monetary values are presented in USD ($). E stands for Estimate.
FY	EPS		Revenue [mil.]		Profit [mil.]		EBITDA [mil.]		EBIT [mil.]		Expenses · SGA [mil.]
		E		E		E		E		E		E
2014	1.5600	2.560	6,556	9,069	65	102	382	682	368	655	151	595
2015	2.4400	0.967	8,616	6,710	102	72	652	1,376	640	347	148	934
2016	1.0900	-0.564	6,658	6,515	58	-3,004	739	1,408	449	-1,648	161	4,469
2017	-1.0100	-1.499	6,690	8,432	-187	-6,723	469	2,082	262	2,885	187	196
2018	-0.3100	0.079	8,814	10,689	54	-4,711	1,375	2,639	271	-2,091	203	248
2019	0.0071	-0.878	10,484	8,571	1	-768	1,464	1,777	447	89	256	2,755
2020	0.1800	-7.031	8,671	8,008	41	-165,795	1,590	-162,189	436	-197,842	280	186
2021	-5.7100	1.945	8,260	15,793	-1,325	-876	4,674	1,006	1,253	521	254	489
2022	1.8500	3.815	16,949	21,763	422	-936	2,160	1,176	1,329	637	273	550
2023	3.9500	4.864	20,929	15,610	896	1,064	2,769	1,382	1,729	781	309	619
2024	3.7200	5.646	15,619	17,728	835	1,275	3,522	4,377	2,186	2,932	348	412
2025	-	7.404	-	20,834	-	1,752	-	5,144	-	3,446	-	485
2026	-	8.960	-	23,476	-	2.F12X/td>	-	2.F121/td>	-	2.F121	-	2.F121
2027	-	11.285	-	15,919	-	1.F13X/td>	-	1.F131/td>	-	1.F131	-	1.F131
2028	-	12.520	-	44,588	-	0.F14X/td>	-	0.F141/td>	-	0.F141	-	0.F141

Institutional Sentiment

Wall Street · Earnings · Institutional Sentiment

The institutional sentiment measures the direction of new stock gradings
and price targets while comparing them Year-over-Year. We've limited the grading institutes to those we see as top-tier and update this data every month.

Morgan Stanley

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JP Morgan Chase

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Citigroup

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Overall Consensus

Here we aggregate the price targets and gradings of all IBs/AMCs/Brokerage firms inside our database to draw a bigger picture.

Grading Consensus

Click to each, to see the grade

Price Target Consensus

+15.11% + $31.33 · MISS

Nov. 6, 2024

Price Then

$177.40

Price Target

$175.98

Price Now

$207.31