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TEX Stock Chart & Stats
C$0.16
<C$0.01(2.63%)
At close: 4:00 PM EDT
C$0.16
<C$0.01(2.63%)
Day’s Range― - ―
52-Week RangeC$0.13 - C$1.24
Previous CloseN/A
Volume127.50K
Average Volume (3M)79.72K
Market Cap
C$10.73M
Enterprise ValueC$12.28
Total Cash (Recent Filing)C$2.53M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.17
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.11
Shares Outstanding67,085,230
10 Day Avg. Volume57,266
30 Day Avg. Volume79,720
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)3.02
Price to Sales (P/S)0.00
P/FCF Ratio-3.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero DebtA debt-free capital structure reduces interest obligations, refinancing exposure, and insolvency risk. This gives Targa greater financial flexibility while it works toward establishing revenue, although it does not resolve the ongoing cash burn.
Growing Equity BaseGrowth in equity and an asset base above equity provide some financial resources to support operations. This offers a modest buffer against near-term funding pressure, though continued losses could erode that capital over time.
Improving Cash Flow TrendA less-negative free cash flow trend may indicate early progress in controlling cash outflows. If sustained, this could reduce future funding requirements, but the improvement is limited because TTM free cash flow remains materially negative.
Bears Say
No Demonstrated RevenueThe absence of reported revenue means Targa has not yet demonstrated a commercial operating model or customer monetization. This limits visibility into future growth, margins, and operating leverage until a recurring top line is established.
Persistent Net LossesPersistent and widening losses indicate that the company currently lacks profitable operations and has not achieved operating leverage. Continued deficits can weaken the capital base and increase dependence on external funding over the next several quarters.
Ongoing Cash BurnConsistently negative operating and free cash flow shows that the business consumes cash rather than self-funding operations. The roughly -4.8M TTM free cash flow implies ongoing financing needs and limits resources available for development.
Targa Exploration Corp. News
TEX FAQ
What was Targa Exploration Corp.’s price range in the past 12 months?
Targa Exploration Corp. lowest stock price was C$0.13 and its highest was C$1.24 in the past 12 months.
What is Targa Exploration Corp.’s market cap?
Targa Exploration Corp.’s market cap is C$10.73M.
When is Targa Exploration Corp.’s upcoming earnings report date?
Targa Exploration Corp.’s upcoming earnings report date is Dec 02, 2026 which is in 75 days.
How were Targa Exploration Corp.’s earnings last quarter?
Targa Exploration Corp. released its earnings results on Jul 22, 2026. The company reported -C$0.029 earnings per share for the quarter.
Is Targa Exploration Corp. overvalued?
According to Wall Street analysts Targa Exploration Corp.’s price is currently Overvalued.
Does Targa Exploration Corp. pay dividends?
Targa Exploration Corp. does not currently pay dividends.
What is Targa Exploration Corp.’s EPS estimate?
Targa Exploration Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Targa Exploration Corp. have?
Targa Exploration Corp. has 67,085,230 shares outstanding.
What happened to Targa Exploration Corp.’s price movement after its last earnings report?
Targa Exploration Corp. reported an EPS of -C$0.029 in its last earnings report. Following the earnings report the stock price went up 3.226%.
Which hedge fund is a major shareholder of Targa Exploration Corp.?
Currently, no hedge funds are holding shares in TSE:TEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Targa Exploration Corp.
Targa Exploration Corp. is a Canadian enterprise dedicated to identifying, exploring, and advancing mineral properties. The company possesses an agreement to secure complete ownership of the Shanghai property, a site comprising 150 Quartz claims spanning 2,600 hectares in the Mayo mining district of the Yukon territory. Founded in 2017, the firm changed its name from RCM Minerals Ltd. to Targa Exploration Corp. in July 2021 and maintains its principal office in Vancouver, Canada.