Targa Retained Earnings from 2010 to 2025

TRGP Stock

USD 215.72 2.77 1.30%

Targa Resources Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to grow to about 464.9 M this year. Retained Earnings is the cumulative amount of net income that Targa Resources retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

2009-12-31

Previous Quarter

783.9 M

Current Value

1 B

Quarterly Volatility

717 M

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Yuan Drop

Covid

Check Targa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Targa Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 830.5 M or Selling General Administrative of 220.9 M, as well as many indicators such as Price To Sales Ratio of 1.15, Dividend Yield of 0.0239 or PTB Ratio of 8.58. Targa financial statements analysis is a perfect complement when working with Targa Resources Valuation or Volatility modules.

Check out the analysis of Targa Resources Correlation against competitors.

To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide.

Latest Targa Resources' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Targa Resources over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Targa Resources' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Targa Resources' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 492 M

10 Years Trend

Very volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

Targa Retained Earnings Regression Statistics

	Arithmetic Mean	(238,853,750)
	Geometric Mean	170,484,878
	Coefficient Of Variation	(290.76)
	Mean Deviation	465,848,125
	Median	(70,100,000)
	Standard Deviation	694,494,472
	Sample Variance	482322.6T
	Range	2.4B
	R-Value	(0.08)
	Mean Square Error	513627.7T
	R-Squared	0.01
	Significance	0.77
	Slope	(11,382,500)
	Total Sum of Squares	7234838.6T

Targa Retained Earnings History

	2025	464.9 M
	2024	442.8 M
	2023	492 M
	2022	-626.8 M
	2021	-1.8 B
	2020	-1.9 B
	2019	-339.6 M

Other Fundumenentals of Targa Resources

Retained Earnings Total Equity

Targa Resources Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Property Plant Equipment	Net Tangible Assets	Good Will	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Intangible Assets	Common Stock	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.66	0.09	0.79	-0.09	0.78	0.78	0.85	0.81	0.89	-0.67	0.76	0.99	0.39	0.19	0.8	0.77	0.56	0.54	-0.9	0.9	0.92	0.68	0.6	-0.4	0.24
Total Stockholder Equity	0.66		0.1	0.32	-0.1	0.43	0.31	0.35	0.38	0.38	-0.1	0.59	0.7	0.92	0.35	0.33	0.96	0.78	0.59	-0.63	0.64	0.83	0.55	0.17	-0.39	0.3
Current Deferred Revenue	0.09	0.1		-0.18	-0.88	-0.14	-0.16	0.04	-0.16	0.12	0.11	-0.22	0.16	0.25	-0.08	-0.09	0.2	-0.12	0.58	-0.33	-0.13	0.21	-0.25	-0.52	0.33	0.35
Net Debt	0.79	0.32	-0.18		0.17	0.92	1.0	0.78	1.0	0.81	-0.91	0.78	0.74	-0.02	0.02	0.99	0.5	0.4	0.29	-0.77	0.78	0.7	0.61	0.74	-0.4	0.04
Retained Earnings	-0.09	-0.1	-0.88	0.17		0.08	0.16	-0.09	0.15	-0.08	-0.1	0.15	-0.16	-0.28	0.1	0.11	-0.24	0.14	-0.63	0.34	0.17	-0.24	0.17	0.6	-0.12	-0.04
Accounts Payable	0.78	0.43	-0.14	0.92	0.08		0.92	0.85	0.94	0.82	-0.86	0.78	0.75	0.15	-0.07	0.91	0.59	0.45	0.33	-0.81	0.73	0.74	0.63	0.62	-0.53	0.01
Long Term Debt	0.78	0.31	-0.16	1.0	0.16	0.92		0.77	0.99	0.81	-0.91	0.75	0.74	-0.04	0.03	0.99	0.49	0.38	0.3	-0.77	0.76	0.69	0.58	0.73	-0.37	0.05
Net Receivables	0.85	0.35	0.04	0.78	-0.09	0.85	0.77		0.79	0.96	-0.84	0.63	0.81	0.1	-0.13	0.78	0.52	0.44	0.25	-0.79	0.74	0.74	0.57	0.62	-0.38	-0.02
Total Liab	0.81	0.38	-0.16	1.0	0.15	0.94	0.99	0.79		0.83	-0.91	0.8	0.77	0.04	0.02	0.99	0.55	0.44	0.32	-0.8	0.79	0.73	0.64	0.72	-0.43	0.05
Total Current Assets	0.89	0.38	0.12	0.81	-0.08	0.82	0.81	0.96	0.83		-0.85	0.71	0.86	0.1	-0.14	0.83	0.54	0.42	0.31	-0.84	0.8	0.76	0.65	0.69	-0.39	0.13
Treasury Stock	-0.67	-0.1	0.11	-0.91	-0.1	-0.86	-0.91	-0.84	-0.91	-0.85		-0.66	-0.62	0.23	0.16	-0.92	-0.3	-0.29	-0.07	0.69	-0.68	-0.55	-0.54	-0.69	0.35	0.14
Short Term Debt	0.76	0.59	-0.22	0.78	0.15	0.78	0.75	0.63	0.8	0.71	-0.66		0.75	0.32	0.02	0.77	0.66	0.53	0.33	-0.72	0.82	0.72	0.95	0.65	-0.8	0.01
Property Plant Equipment	0.99	0.7	0.16	0.74	-0.16	0.75	0.74	0.81	0.77	0.86	-0.62	0.75		0.45	0.19	0.77	0.81	0.56	0.61	-0.91	0.87	0.94	0.67	0.53	-0.39	0.29
Net Tangible Assets	0.39	0.92	0.25	-0.02	-0.28	0.15	-0.04	0.1	0.04	0.1	0.23	0.32	0.45		0.23	-0.02	0.84	0.66	0.62	-0.43	0.3	0.62	0.32	-0.16	-0.26	0.34
Good Will	0.19	0.35	-0.08	0.02	0.1	-0.07	0.03	-0.13	0.02	-0.14	0.16	0.02	0.19	0.23		0.03	0.28	0.15	0.11	0.0	0.35	0.27	-0.09	-0.13	0.14	-0.08
Long Term Debt Total	0.8	0.33	-0.09	0.99	0.11	0.91	0.99	0.78	0.99	0.83	-0.92	0.77	0.77	-0.02	0.03		0.51	0.38	0.33	-0.8	0.79	0.72	0.6	0.71	-0.37	0.08
Capital Surpluse	0.77	0.96	0.2	0.5	-0.24	0.59	0.49	0.52	0.55	0.54	-0.3	0.66	0.81	0.84	0.28	0.51		0.75	0.7	-0.8	0.7	0.94	0.57	0.21	-0.4	0.24
Deferred Long Term Liab	0.56	0.78	-0.12	0.4	0.14	0.45	0.38	0.44	0.44	0.42	-0.29	0.53	0.56	0.66	0.15	0.38	0.75		0.21	-0.46	0.61	0.7	0.49	0.39	-0.3	0.15
Long Term Investments	0.54	0.59	0.58	0.29	-0.63	0.33	0.3	0.25	0.32	0.31	-0.07	0.33	0.61	0.62	0.11	0.33	0.7	0.21		-0.72	0.26	0.67	0.22	-0.17	-0.14	0.49
Accumulated Depreciation	-0.9	-0.63	-0.33	-0.77	0.34	-0.81	-0.77	-0.79	-0.8	-0.84	0.69	-0.72	-0.91	-0.43	0.0	-0.8	-0.8	-0.46	-0.72		-0.73	-0.91	-0.59	-0.37	0.37	-0.28
Intangible Assets	0.9	0.64	-0.13	0.78	0.17	0.73	0.76	0.74	0.79	0.8	-0.68	0.82	0.87	0.3	0.35	0.79	0.7	0.61	0.26	-0.73		0.83	0.76	0.7	-0.44	0.07
Common Stock	0.92	0.83	0.21	0.7	-0.24	0.74	0.69	0.74	0.73	0.76	-0.55	0.72	0.94	0.62	0.27	0.72	0.94	0.7	0.67	-0.91	0.83		0.61	0.38	-0.38	0.2
Short Long Term Debt	0.68	0.55	-0.25	0.61	0.17	0.63	0.58	0.57	0.64	0.65	-0.54	0.95	0.67	0.32	-0.09	0.6	0.57	0.49	0.22	-0.59	0.76	0.61		0.66	-0.85	-0.02
Net Invested Capital	0.6	0.17	-0.52	0.74	0.6	0.62	0.73	0.62	0.72	0.69	-0.69	0.65	0.53	-0.16	-0.13	0.71	0.21	0.39	-0.17	-0.37	0.7	0.38	0.66		-0.37	0.07
Net Working Capital	-0.4	-0.39	0.33	-0.4	-0.12	-0.53	-0.37	-0.38	-0.43	-0.39	0.35	-0.8	-0.39	-0.26	0.14	-0.37	-0.4	-0.3	-0.14	0.37	-0.44	-0.38	-0.85	-0.37		0.26
Capital Stock	0.24	0.3	0.35	0.04	-0.04	0.01	0.05	-0.02	0.05	0.13	0.14	0.01	0.29	0.34	-0.08	0.08	0.24	0.15	0.49	-0.28	0.07	0.2	-0.02	0.07	0.26

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About Targa Resources Financial Statements

Targa Resources shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Targa Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Targa Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Targa Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Retained Earnings	442.8 M	464.9 M
Retained Earnings Total Equity	-564.1 M	-592.3 M

Pair Trading with Targa Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Targa Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Targa Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Targa Stock

0.81	AM	Antero Midstream Partners	Pair Corr
0.74	EE	Excelerate Energy	Pair Corr
0.7	ET	Energy Transfer LP Aggressive Push	Pair Corr

Moving against Targa Stock

0.39	BROGW	Brooge Energy Limited	Pair Corr
0.37	GEL	Genesis Energy LP	Pair Corr

The ability to find closely correlated positions to Targa Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Targa Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Targa Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Targa Resources to buy it.

The correlation of Targa Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Targa Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Targa Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Targa Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Targa Stock Analysis

When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.

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