Targa Resources Partners LP (Targa Resources Partners LP) FCF Margin % : 7.62% (As of Sep. 2020)

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What is Targa Resources Partners LP FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Targa Resources Partners LP's Free Cash Flow for the three months ended in Sep. 2020 was $161 Mil. Targa Resources Partners LP's Revenue for the three months ended in Sep. 2020 was $2,115 Mil. Therefore, Targa Resources Partners LP's FCF Margin % for the quarter that ended in Sep. 2020 was 7.62%.

As of today, Targa Resources Partners LP's current FCF Yield % is 0.00%.

The historical rank and industry rank for Targa Resources Partners LP's FCF Margin % or its related term are showing as below:

NGLS' s FCF Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.36
Current: 3.36

During the past 13 years, the highest FCF Margin % of Targa Resources Partners LP was 3.36%. The lowest was 0.00%. And the median was 0.00%.

NGLS's FCF Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 2.865 vs NGLS: 3.36

Targa Resources Partners LP FCF Margin % Historical Data

The historical data trend for Targa Resources Partners LP's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Targa Resources Partners LP FCF Margin % Chart

Targa Resources Partners LP Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

FCF Margin %

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4.01

4.13

-4.99

-18.13

-17.46

Targa Resources Partners LP Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
FCF Margin %	Get a 7-Day Free Trial															-17.39	0.89	5.51	-1.45	7.62

Competitive Comparison of Targa Resources Partners LP's FCF Margin %

For the Oil & Gas Midstream subindustry, Targa Resources Partners LP's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Targa Resources Partners LP's FCF Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Targa Resources Partners LP's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Targa Resources Partners LP's FCF Margin % falls into.

Targa Resources Partners LP FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Targa Resources Partners LP's FCF Margin for the fiscal year that ended in Dec. 2019 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2019 )	/	Revenue (A: Dec. 2019 )
	=	-1514.3	/	8671.1
	=	-17.46 %

Targa Resources Partners LP's FCF Margin for the quarter that ended in Sep. 2020 is calculated as

FCF Margin	=	Free Cash Flow (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	161.1	/	2115.1
	=	7.62 %

Targa Resources Partners LP FCF Margin % Related Terms

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Targa Resources Partners LP (Targa Resources Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Partners LP (NYSE:NGLS) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002

Website

http://www.targaresources.com

Targa Resources Partners LP is a midstream natural gas company. It mainly operates, acquires and develop a diversified portfolio of complementary midstream energy assets. The company acts as a provider of midstream natural gas and NGL (Natural Gas Liquids) services as well as crude oil gathering and petroleum terminaling. The company's business activities include gathering, compressing, treating, processing and selling natural gas, storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to LPG (Liquefied Petroleum Gas) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. Targa divides its business into two segments Gathering and Processing, and Logistics and Transportation.

Executives

Davis Waters S Iv	director	10200 ALLIANCE ROAD, SUITE 200, CINCINNATI OH 45242
Chris Tong	director	600 E LAS COLINAS # 1100, IRVING TX 75019
Redd Ershel C Jr	director	C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Charles R Crisp	director	1301 MCKINNEY STE 700, HOUSTON TX 77010
Laura C. Fulton	director	THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Robert B Evans	director	100 COLLEGE STREET, MINDEN LA 71055
Michael A Heim	other: Vice Chairman of the Board	TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Jeffrey J Mcparland	officer: See Remarks	TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Paul W Chung	officer: EVP, Gen. Counsel & Secretary	TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Barry R Pearl	director	P.O. BOX 2521, HOUSTON TX 77252-2521
James W Whalen	director, officer: Exec. Chairman of the Board	BETH SIBLEY, 1301 MCKINNEY STE 700, HOOOUSTON TX 77010
Joe Bob Perkins	director, officer: CEO	TARGA RESOURCES PARTNERS, LP, 1000 LOUISIANA ST., SUITE 4300, HOUSTON TX 77002
Ruth Dreessen	director	6850 VERSAR CENTER, SPRINGFIELD VA 22151
John Robert Sparger	officer: Senior VP and CAO	TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Matthew J Meloy	officer: Executive VP and CFO	1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002

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