{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "971145d3-c50d-4d5f-973c-61161901518a",
    "symbol": "TRGP",
    "name": "Targa Resources Inc",
    "exchange": "NYSE",
    "country_code": "US",
    "country_name": "United States",
    "sector": "Energy",
    "industry": "Oil & Gas Midstream",
    "chart_url": "https://sharemaestro.com/terminal/971145d3-c50d-4d5f-973c-61161901518a/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "971145d3-c50d-4d5f-973c-61161901518a",
      "symbol": "TRGP",
      "name": "Targa Resources Inc",
      "exchange": "NYSE",
      "country_code": "US",
      "country_name": "United States",
      "sector": "Energy",
      "industry": "Oil & Gas Midstream",
      "chart_url": "https://sharemaestro.com/terminal/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "TRGP",
    "market_cap": 58511929344.0,
    "market_cap_usd": 56685308343.27,
    "price": 272.600006,
    "currency": "USD",
    "dividend_yield": 0.0158,
    "dividend_years": 15,
    "dividend_growth_5y": 0.25386038,
    "dividend_cut_5y": true,
    "payout_ratio": 0.4086,
    "net_income": 1923000000.0,
    "free_cash_flow": 584100000.0,
    "fcf_covers_dividend": false,
    "debt_to_equity": 5.85249,
    "revenue_growth_5y": 0.15679273,
    "net_margin": 0.12874,
    "roe": 0.74097997,
    "pe_ratio": 27.873213,
    "price_vs_ma": 0.22947996,
    "return_3y": 3.16646489,
    "return_5y": 5.67011676,
    "max_drawdown": -0.30934447,
    "scores": {
      "dividend_reliability": 18.0,
      "dividend_sustainability": 12.0,
      "business_quality": 23.0,
      "valuation": 13.0,
      "trend": 15.0,
      "total": 81.0,
      "confidence": 100.0
    },
    "rating": "high_quality",
    "rating_label": "High Quality Watchlist Candidate",
    "decision": "reject",
    "decision_label": "Reject",
    "warnings": [
      "Dividend cut or material annual decrease detected in the last five completed years.",
      "Free cash flow does not cover dividends paid.",
      "Debt to equity is elevated at 5.85."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/",
      "chart": "https://sharemaestro.com/terminal/971145d3-c50d-4d5f-973c-61161901518a/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 18.0,
    "dividend_sustainability": 12.0,
    "business_quality": 23.0,
    "valuation": 13.0,
    "trend": 15.0,
    "total": 81.0,
    "confidence": 100.0
  },
  "warnings": [
    "Dividend cut or material annual decrease detected in the last five completed years.",
    "Free cash flow does not cover dividends paid.",
    "Debt to equity is elevated at 5.85."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend review warning",
      "detail": "Debt to equity is elevated at 5.85.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2026-04-30",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend increased 25.0%",
      "detail": "Payment changed from 1 to 1.25.",
      "amount": 1.25,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2026-04-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 1.25 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 1.25,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2026-01-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 1 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 1.0,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2025-10-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 1 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 1.0,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2025-07-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 1 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 1.0,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2025-04-30",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend increased 33.3%",
      "detail": "Payment changed from 0.75 to 1.",
      "amount": 1.0,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2025-04-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 1 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 1.0,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2025-01-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.75 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.75,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2024-10-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.75 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.75,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2024-07-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.75 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.75,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2024-04-29",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend increased 50.0%",
      "detail": "Payment changed from 0.5 to 0.75.",
      "amount": 0.75,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2024-04-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.75 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.75,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2024-01-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.5 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.5,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2023-10-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.5 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.5,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2023-07-28",
      "event_type": "payment",
      "severity": "info",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "TRGP dividend payment 0.5 USD",
      "detail": "Recorded dividend payment for Targa Resources Inc.",
      "amount": 0.5,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2023-04-27",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend increased 42.9%",
      "detail": "Payment changed from 0.35 to 0.5.",
      "amount": 0.5,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2022-01-28",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend increased 250.0%",
      "detail": "Payment changed from 0.1 to 0.35.",
      "amount": 0.35,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    },
    {
      "event_date": "2020-04-30",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "TRGP",
      "exchange": "NYSE",
      "headline": "Dividend cut -89.0%",
      "detail": "Payment changed from 0.91 to 0.1.",
      "amount": 0.1,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/971145d3-c50d-4d5f-973c-61161901518a/"
    }
  ]
}