Targa Resources Corp (TRGP) - Financial and Strategic SWOT Analysis Review

Targa Resources Corp (TRGP) - Financial and Strategic SWOT Analysis Review


- provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:
  • Business description – A detailed description of the company’s operations and business divisions.
  • Corporate strategy – Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history – Progression of key events associated with the company.
  • Major products and services – A list of major products, services and brands of the company.
  • Key competitors – A list of key competitors to the company.
  • Key employees – A list of the key executives of the company.
  • Executive biographies – A brief summary of the executives’ employment history.
  • Key operational heads – A list of personnel heading key departments/functions.
  • Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.
Highlights

Targa Resources Corp (Targa) is an independent midstream oil and gas company. Its business operations include gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGLs) and NGL products; gathering, storing, terminaling and selling crude oil; and storing, terminaling, and selling refined petroleum products. Targa owns, operates, acquires, and develops portfolio of complementary midstream energy assets. The company operates field gas gathering and processing assets in the Permian Basin; the Eagle Ford Shale; Anadarko, Ardmore, and Arkoma Basin in Oklahoma; the Williston Basin in North Dakota; and the Barnett Shale in North Texas. Targa is headquartered in Houston, Texas, the US.

Targa Resources Corp Key Recent Developments

Mar 31,2024: Targa Resources Reports First Quarter 2024 Financial Results
Feb 21,2024: Targa Resources to Participate in THRIVE Energy Conference by Daniel Energy Partners
Feb 15,2024: Targa Resources Reports Record Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for 2024 and Positioning in 2025
Jan 18,2024: Targa Resources Announces Quarterly Dividend and Timing of Fourth Quarter 2023 Earnings Webcast

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.

Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Gain key insights into the company for academic or business research.
Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company


Section 1 - About the Company
Targa Resources Corp - Key Facts
Targa Resources Corp - Key Employees
Targa Resources Corp - Key Employee Biographies
Targa Resources Corp - Major Products and Services
Targa Resources Corp - History
Targa Resources Corp - Company Statement
Targa Resources Corp - Locations And Subsidiaries
Head Office
Other Locations & Subsidiaries
Joint Venture
Section 2 – Company Analysis
Company Overview
Targa Resources Corp - Business Description
Business Segment: Gathering and Processing
Overview
Performance
Key Stats
Business Segment: Logistics and Transportation
Overview
Performance
Key Stats
Business Segment: Other
Overview
Performance
Targa Resources Corp - Corporate Strategy
Targa Resources Corp - SWOT Analysis
SWOT Analysis - Overview
Targa Resources Corp - Strengths
Targa Resources Corp - Weaknesses
Targa Resources Corp - Opportunities
Targa Resources Corp - Threats
Targa Resources Corp - Key Competitors
Section 3 – Company Financial Ratios
Financial Ratios - Capital Market Ratios
Financial Ratios - Annual Ratios
Performance Chart
Financial Performance
Financial Ratios - Interim Ratios
Financial Ratios - Ratio Charts
Section 4 – Company’s Oil & Gas Financial Deals and Alliances
Targa Resources Corp, Oil & Gas, Deals By Year, 2018 to YTD 2024
Targa Resources Corp, Oil & Gas, Deals By Type, 2018 to YTD 2024
Targa Resources Corp, Recent Deals Summary
Section 5 – Company’s Recent Developments
Mar 31, 2024: Targa Resources Reports First Quarter 2024 Financial Results
Feb 21, 2024: Targa Resources to Participate in THRIVE Energy Conference by Daniel Energy Partners
Feb 15, 2024: Targa Resources Reports Record Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for 2024 and Positioning in 2025
Jan 18, 2024: Targa Resources Announces Quarterly Dividend and Timing of Fourth Quarter 2023 Earnings Webcast
Nov 13, 2023: Targa Resources to Participate in BofA Securities Global Energy Conference
Nov 02, 2023: Targa Resources Reports Third Quarter 2023 Financial Results and Announces Expectations for a 50% Year-Over-Year Increase to 2024 Common Dividend
Nov 02, 2023: Targa Resources Reports Third Quarter 2023 Financial Results and Announces Expectations for a 50% Year-Over-Year Increase to 2024 Common Dividend
Oct 09, 2023: Targa Resources Releases Sustainability Report
Sep 25, 2023: Targa Resources to Participate in Wolfe Research Utilities, Midstream and Clean Energy Conference
Aug 03, 2023: Targa Resources Corp. Reports Second Quarter 2023 Financial Results
Section 6 – Appendix
Methodology
Ratio Definitions
About GlobalData
Contact Us
Disclaimer
List of Tables
Targa Resources Corp, Key Facts
Targa Resources Corp, Key Employees
Targa Resources Corp, Key Employee Biographies
Targa Resources Corp, Major Products and Services
Targa Resources Corp, History
Targa Resources Corp, Subsidiaries
Targa Resources Corp, Joint Venture
Targa Resources Corp, Key Competitors
Targa Resources Corp, Ratios based on current share price
Targa Resources Corp, Annual Ratios
Targa Resources Corp, Annual Ratios (Cont...1)
Targa Resources Corp, Annual Ratios (Cont...2)
Targa Resources Corp, Interim Ratios
Targa Resources Corp, Oil & Gas, Deals By Year, 2018 to YTD 2024
Targa Resources Corp, Oil & Gas, Deals By Type, 2018 to YTD 2024
Targa Resources Corp, Recent Deals Summary
Currency Codes
Units
Capital Market Ratios
Equity Ratios
Profitability Ratios
Cost Ratios
Liquidity Ratios
Leverage Ratios
Efficiency Ratios
List of Figures
Targa Resources Corp, Performance Chart (2019 - 2023)
Targa Resources Corp, Ratio Charts
Targa Resources Corp, Oil & Gas, Deals By Year, 2018 to YTD 2024
Targa Resources Corp, Oil & Gas, Deals by Type, 2018 to YTD 2024

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