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Targa Resources Partners LP (Targa Resources Partners LP) Revenue per Share : $44.15 (TTM As of Sep. 2020)


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What is Targa Resources Partners LP Revenue per Share?

Targa Resources Partners LP's revenue per share for the three months ended in Sep. 2020 was $11.44. Targa Resources Partners LP's revenue per share for the trailing twelve months (TTM) ended in Sep. 2020 was $44.15.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for Targa Resources Partners LP's Revenue per Share or its related term are showing as below:

NGLS's 3-Year Revenue Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 16.7
* Ranked among companies with meaningful 3-Year Revenue Growth Rate only.

Targa Resources Partners LP Revenue per Share Historical Data

The historical data trend for Targa Resources Partners LP's Revenue per Share 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 Revenue per Share Chart

Targa Resources Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.15 36.20 47.69 56.72 46.91

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
Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.29 13.38 11.08 8.24 11.44

Competitive Comparison of Targa Resources Partners LP's Revenue per Share

For the Oil & Gas Midstream subindustry, Targa Resources Partners LP's PS Ratio, along with its competitors' market caps and PS Ratio 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 PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Targa Resources Partners LP's PS Ratio falls into.



Targa Resources Partners LP Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Targa Resources Partners LP's Revenue Per Share for the fiscal year that ended in Dec. 2019 is calculated as

Revenue Per Share (A: Dec. 2019 )=Revenue (A: Dec. 2019 )/Shares Outstanding (Diluted Average) (A: Dec. 2019 )
=8671.1/184.848
=46.91

Targa Resources Partners LP's Revenue Per Share for the quarter that ended in Sep. 2020 is calculated as

Revenue Per Share (Q: Sep. 2020 )=Revenue (Q: Sep. 2020 )/Shares Outstanding (Diluted Average) (Q: Sep. 2020 )
=2115.1/184.848
=11.44

Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.15

* 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.


Targa Resources Partners LP  (NYSE:NGLS) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Targa Resources Partners LP Revenue per Share Related Terms

Thank you for viewing the detailed overview of Targa Resources Partners LP's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
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

Targa Resources Partners LP (Targa Resources Partners LP) Headlines