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Are you looking to buy Targa Resources stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:TRGP! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Targa Resources stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
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. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; gathering, storing, terminaling, and selling crude oil; and storing, terminaling, and selling refined petroleum products. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,900 miles of natural gas pipelines, including 46 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 72 million barrels. As of December 31, 2019, the company leased and managed approximately 698 railcars; 138 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.
Average volume
2.00 million shs
MARKET CAP
$7.04 billion
Stock exchange
NYSE
Buy this stock!
- Stephen Johnson
- June 23, 2021
- No Comments
How to buy Targa Resources stocks?
Below is a quick guide on how to buy NYSE:TRGP stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Targa Resources shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Targa Resources – Search for “”NYSE:TRGP”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Targa Resources stocks with 0% commission!.
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Is Targa Resources a buy right now?
20 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Targa Resources in the last year. There are currently 4 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Targa Resources stock.
What stocks does BAMagazine like better than Targa Resources?
Wall Street analysts have given Targa Resources a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Targa Resources wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Targa Resources stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:TRGP stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Targa Resources stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Targa Resources stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Targa Resources stocks
Now that you’ve funded your eToro account, just type “NYSE:TRGP stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:TRGP
All that’s left is to buy some NYSE:TRGP stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:TRGP is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Targa Resources stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Targa Resources’ next earnings date?
Targa Resources is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Targa Resources.
How were Targa Resources’ earnings last quarter?
Targa Resources Corp. (NYSE:TRGP) announced its quarterly earnings results on Thursday, November, 5th. The pipeline company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.09 by $0.07. The pipeline company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $1.90 billion. Targa Resources had a negative net margin of 20.83% and a positive trailing twelve-month return on equity of 5.97%.
View Targa Resources’ earnings history.
How has Targa Resources’ stock price been impacted by COVID-19 (Coronavirus)?
Targa Resources’ stock was trading at $14.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRGP shares have increased by 112.9% and is now trading at $30.76.
How often does Targa Resources pay dividends? What is the dividend yield for Targa Resources?
Targa Resources announced a quarterly dividend on Wednesday, January 20th. Investors of record on Monday, February 1st will be paid a dividend of $0.10 per share on Tuesday, February 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend is Friday, January 29th.
View Targa Resources’ dividend history.
Where to Buy Targa Resources Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:TRGP stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Is Targa Resources a good dividend stock?
Targa Resources pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.32%.
View Targa Resources’ dividend history.
What price target have analysts set for TRGP?
20 analysts have issued 12 month price targets for Targa Resources’ shares. Their forecasts range from $19.00 to $40.00. On average, they expect Targa Resources’ stock price to reach $29.83 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts’ price targets for Targa Resources or view top-rated stocks among Wall Street analysts.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Are investors shorting Targa Resources?
Targa Resources saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 3,740,000 shares, an increase of 27.6% from the December 15th total of 2,930,000 shares. Based on an average trading volume of 2,670,000 shares, the short-interest ratio is currently 1.4 days. Approximately 1.7% of the shares of the company are sold short.
View Targa Resources’ Short Interest.
Who are Targa Resources’ key executives?
Targa Resources’ management team includes the following people:
Mr. Matthew J. Meloy, CEO & Director (Age 43, Pay $2.53M)
Ms. Jennifer R. Kneale, Chief Financial Officer (Age 42, Pay $1.05M)
Mr. D. Scott Pryor, Pres of Logistics & Transportation (Age 58, Pay $1.32M)
Mr. Patrick J. McDonie, Pres of Gathering & Processing (Age 60, Pay $1.32M)
Mr. Robert M. Muraro, Chief Commercial Officer (Age 44, Pay $1.32M)
Mr. G. Clark White, Exec. VP of Operations (Age 61)
Ms. Julie H. Boushka, Sr. VP & Chief Accounting Officer (Age 58)
Mr. Sanjay Lad, VP of Fin. & Investor Relations
Ms. Regina L. Gregory, Exec. VP, Gen. Counsel & Sec. (Age 50)
What is Joe Bob Perkins’ approval rating as Targa Resources’ CEO?
22 employees have rated Targa Resources CEO Joe Bob Perkins on Glassdoor.com. Joe Bob Perkins has an approval rating of 92% among Targa Resources’ employees. This puts Joe Bob Perkins in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Targa Resources’ key competitors?
Some companies that are related to Targa Resources include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Frontline (FRO), Golar LNG (GLNG), Scorpio Tankers (STNG), SFL (SFL), Golden Ocean Group (GOGL), Nordic American Tankers (NAT), GasLog (GLOG), Teekay Tankers (TNK) and Teekay (TK).
View all of TRGP’s competitors.
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What other stocks do shareholders of Targa Resources own?
Based on aggregate information from BAMagazine watchlists, some companies that other Targa Resources investors own include Energy Transfer (ET), Government Properties Income Trust (GOV), Esperion Therapeutics (ESPR), Enterprise Products Partners (EPD), AT&T (T), Targa Resources Partners (NGLS.PA), Phillips 66 (PSX), New Residential Investment (NRZ), (ALDW) (ALDW) and Intel (INTC).
What is Targa Resources’ stock symbol?
Targa Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol “TRGP.”
Who are Targa Resources’ major shareholders?
Targa Resources’ stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.87%), Chickasaw Capital Management LLC (2.81%), Jennison Associates LLC (0.72%), Eagle Global Advisors LLC (0.54%), Duff & Phelps Investment Management Co. (0.45%) and California Public Employees Retirement System (0.26%). Company insiders that own Targa Resources stock include James W Whalen, Rene R Joyce and Robert B Evans.
View institutional ownership trends for Targa Resources.
Which major investors are selling Targa Resources stock?
TRGP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Duff & Phelps Investment Management Co., BlackRock Inc., Catalyst Capital Advisors LLC, Sicart Associates LLC, Russell Investments Group Ltd., Avantax Advisory Services Inc., and Redpoint Investment Management Pty Ltd. Company insiders that have sold Targa Resources company stock in the last year include James W Whalen, and Rene R Joyce.
View insider buying and selling activity for Targa Resources or view top insider-selling stocks.
Which major investors are buying Targa Resources stock?
TRGP stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Miller Howard Investments Inc. NY, Eagle Global Advisors LLC, First Trust Advisors LP, California Public Employees Retirement System, Los Angeles Capital Management LLC, NN Investment Partners Holdings N.V., and SG Americas Securities LLC.
View insider buying and selling activity for Targa Resources or or view top insider-buying stocks.
How do I buy shares of Targa Resources?
Shares of TRGP can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
At BAMagazine.com we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
Frequently asked questions
How to buy Targa Resources stocks?
The safest and easiest way to buy NYSE:TRGP stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Targa Resources stock?
You will first want to find a licensed broker that supports Targa Resources stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:TRGP stocks in a safe and complete environment.
Is NYSE:TRGP stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:TRGP stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Targa Resources stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:TRGP is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Targa Resources stock.
How do you trade Targa Resources stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Targa Resources stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:TRGP stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Targa Resources stock?
To sell your NYSE:TRGP stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Targa Resources stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:TRGP stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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