CSIMarket
 


Targa Resources Corp   (TRGP)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities

Targa Resources 's Total Debt to Equity

TRGP's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 4.28%, Total Debt to Equity fell to 2.81, a new company high.

Within Natural Gas Utilities industry in the third quarter 2023, 12 other companies have achieved lower Total Debt to Equity than Targa Resources in the III Quarter 2023. While Total Debt to Equity total ranking has improved so far in the third quarter 2023 to 1082, from total ranking in the second quarter 2023 at 2637 .

Explain Debt to Equity Ratio?
What is the structure of TRGP´s Total Debt?
How valuable is the TRGP´s Equity?


TRGP Total Debt to Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change -7.47 % 3.17 % 9.83 % -3.79 % -12.38 %
Y / Y Total Debt Change 18.09 % 67.65 % 64.25 % 66.33 % 62.13 %
Total Debt to Equity MRQ 2.81 2.6 2.59 2.15 2.2
TRGP's Total Ranking # 1082 # 2637 # 2398 # 1150 # 2567
Seq. Equity Change -3.58 % 2.9 % -11.44 % 5.3 % 7.51 %
Seq. Total Debt Change 4.28 % 3.26 % 6.89 % 2.6 % 48.04 %



Total Debt to Equity third quarter 2023 Company Ranking
Within: No.
Natural Gas Utilities Industry # 13
Utilities Sector # 46
Overall Market # 1082


Total Debt to Equity Statistics
High Average Low
2.81 1.21 0.57
(Sep 30 2023)   (Jun 30 2017)




Financial Statements
Targa Resources 's Equity $ 4,378 Millions Visit TRGP's Balance sheet
Targa Resources 's Total Debt $ 12,318 Millions Visit TRGP's Balance sheet
Source of TRGP's Sales Visit TRGP's Sales by Geography


Cumulative Targa Resources 's Total Debt to Equity

TRGP's Total Debt to Equity for the trailling 12 Months

TRGP Total Debt to Equity

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth -7.47 % 3.17 % 9.83 % -3.79 % -12.38 %
Y / Y Total Debt TTM Growth 18.09 % 67.65 % 64.25 % 66.33 % 62.13 %
Total Debt to Equity TTM 2.53 2.38 2.14 1.94 1.68
Total Ranking TTM # 2743 # 2867 # 215 # 260 # 169
Seq. Equity TTM Growth -3.58 % 2.9 % -11.44 % 5.3 % 7.51 %
Seq. Total Debt TTM Growth 4.28 % 3.26 % 6.89 % 2.6 % 48.04 %


On the trailing twelve months basis Due to the net new borrowings of 4.28% during the trailing twelve months finishing in the III Quarter 2023, cumulativeTotal Debt to Equity improved to 2.53, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Natural Gas Utilities industry 25, during the past 12 months, other companies have achieved lower Total Debt to Equity than Targa Resources . While Total Debt to Equity total ranking has improved so far to 2743, from total ranking in previous 12 month period at 2867.

Explain Debt to Equity Ratio?
What is the structure of TRGP´s Total Debt?
How valuable is the TRGP´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Natural Gas Utilities Industry # 26
Utilities Sector # 75
Within the Market # 2743


trailing twelve months Total Debt to Equity Statistics
High Average Low
2.53 1.09 0.02
(Sep 30 2023)   (Sep 30 2017)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2023, within Natural Gas Utilities Industry Total Debt to EquitySep 30 2023 MRQ Total DebtSep 30 2023 MRQ Equity
New Fortress Energy Inc   3.91 $ 6,168.075  Millions$ 1,578.562  Millions
Cheniere Energy Inc   3.00 $ 23,738.000  Millions$ 7,907.000  Millions
Targa Resources Corp   2.81 $ 12,318.400  Millions$ 4,377.800  Millions
Archrock inc  1.86 $ 1,604.554  Millions$ 861.093  Millions
Williams Companies Inc   1.79 $ 25,651.000  Millions$ 14,343.000  Millions
Nextdecade Corporation  1.69 $ 1,381.825  Millions$ 817.635  Millions
Southwest Gas Holdings Inc   1.65 $ 5,335.374  Millions$ 3,238.745  Millions
One Gas Inc   1.59 $ 4,216.064  Millions$ 2,646.747  Millions
New Jersey Resources Corporation  1.58 $ 3,136.272  Millions$ 1,990.735  Millions
Spire Inc   1.55 $ 4,509.500  Millions$ 2,917.300  Millions
Holly Energy Partners Lp  1.52 $ 1,468.505  Millions$ 964.349  Millions
Ugi Corporation  1.50 $ 6,600.000  Millions$ 4,394.000  Millions
Kodiak Gas Services Inc   1.49 $ 1,747.912  Millions$ 1,171.792  Millions
Rgc Resources Inc   1.40 $ 141.173  Millions$ 100.733  Millions
Northwest Natural Holding Company  1.38 $ 1,686.300  Millions$ 1,219.540  Millions
Oneok Inc   1.35 $ 21,950.000  Millions$ 16,299.000  Millions
Enbridge Inc   1.13 $ 77,515.000  Millions$ 68,474.000  Millions
Equitrans Midstream Corporation  1.13 $ 1,139.616  Millions$ 1,007.237  Millions
Kinder Morgan Inc   0.98 $ 31,001.000  Millions$ 31,581.000  Millions
National Fuel Gas Company  0.90 $ 2,671.985  Millions$ 2,963.376  Millions
Dt Midstream Inc   0.76 $ 3,189.000  Millions$ 4,221.000  Millions
Atmos Energy Corp  0.63 $ 6,797.634  Millions$ 10,870.064  Millions
Clean Energy Technologies Inc   0.58 $ 3.110  Millions$ 5.389  Millions

Date modified: 2023-11-03T16:33:48+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com