TRGP (Targa Resources LP) Future Price to Earnings

Aggressive M&A deals to consolidate the Permian Basin may spark concerns, however, the forward P/E multiple for Targa Resources Corp. (TRGP) demonstrates resilience, with the current value standing at 23.60. This stability confirms its status as a key North American midstream operator with a critical pipeline network. Revenues are based on payments from petrochemical companies for feedstock processing and gas transportation.

Projected Price to Earnings Ratio: targaresources.com (TRGP) for 07/04/2022 - 11/15/2026

Analytical breakdowns and data insights for company targaresources.com (TRGP)

- current price and projected stock value:

Stock Quotes Targa Resources Corp|TRGP - Fair Value Consensus

- business market valuation indicators:

Market Value Targa Resources LP|TRGP - Total Company Value

- balance sheet equity data:

Net Assets per Single Share Targa Resources|TRGP - Total Stockholders' Equity|Market Capitalization to Book Value Ratio targaresources.com|TRGP - Company Balance Sheet Assets

- debt obligations and liquidity statistics:

- company profitability and valuation multiples indicators:

TRGP - Net Profit|Expected Profit Targa Resources Corp.|TRGP - Company Value to Net Income|Forward P/E Multiple Targa Resources LP|TRGP - Price to Net Income Growth Ratio|EV/EBITDA Multiple Targa Resources Corp|TRGP - Operating profit EBITDA|Net earnings per share for the last 12 months Targa Resources|TRGP - Earnings per share for the trailing year|Year-over-year earnings per share growth for the last twelve months targaresources.com|TRGP - Earnings per share increase in current year|Earnings growth forecast for next year Targa Resources Corp.

- sales and revenue data:

TRGP - Company Total Revenue|Company Projected Revenue Targa Resources LP|TRGP - Price-to-Revenue Coefficient|Price-to-Projected Revenue Ratio Targa Resources Corp.

Basic company analysis:Targa Resources TRGP

For Targa Resources Corp. (TRGP), which is implementing automated telemetric infrastructure control, the issuer's forward P/E serves as an indicator of market expectations. This metric relates the current share price to the projected earnings for the coming year. The calculation is based on expected net income, stripping the valuation of prior periods. A decline in this ratio amid the robotization of logistics may signal that the asset is undervalued. It is critical for investors to compare this coefficient with sector averages.

Key competitors