Previous close | 106.50 |
Open | 104.60 |
Bid | 106.10 x 8400 |
Ask | 106.85 x 8400 |
Day's range | 104.60 - 105.85 |
52-week range | 62.40 - 109.80 |
Volume | |
Avg. volume | 0 |
Market cap | 23.277B |
Beta (5Y monthly) | 2.22 |
PE ratio (TTM) | 30.58 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.80 (2.63%) |
Ex-dividend date | 29 Apr 2024 |
1y target est | N/A |
Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system. NGL pipeline transportation volumes were up nearly 34% in the January-March quarter compared to last year, while NGL sales rose about 22% to 1.23 million bbl/d in the quarter from a year earlier. Crude prices gained in the January-March quarter, as production curtailments from OPEC+, Russian refinery outages and the Middle East conflict raised concerns over supplies, helping oil and gas transportation firms like Targa Resources charge higher fees.
Insights into Financial Performance and Future Projections
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