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Targa Resources Inc Value Stock - Dividend - Research Selection

Targa resources

ISIN: US87612G1013 , WKN: A1C9E3

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Description of the company

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

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NEWS


Targa Resources Corp. stock underperforms Wednesday when compared to competitors

2026-03-18
Targa Resources Corp. stock underperforms Wednesday when compared to competitors

PGIM Jennison Energy Infrastructure Fund Q4 2025: Who Moved The Needle

2026-03-17
The Fund outperformed its index in Q4 2025 led by strong midstream and electrical equipment gains. Read the full analysis for more details.

Targa Resources Stock: Is TRGP Underperforming the Energy Sector?

2026-03-13
Targa Resources stock has slightly lagged the energy sector over the past year but analysts remain highly bullish about its prospects.

Wells Fargo Maintains Overweight on Targa Resources, Raises Price Target to $264

2026-03-13
Wells Fargo analyst Michael Blum maintains Targa Resources (NYSE:TRGP) with a Overweight and raises the price target from $248 to $264.

EMLP: Shale Producers Might Be Increasing Production, Which Would Benefit Midstream

2026-03-13
EMLP's active management has outperformed major energy infrastructure indices since inception. Read my analysis of EMLP ETF here.

Strong Q4 2025 Caps Record Year For Midstream/MLP Buybacks

2026-03-10
Aggregate equity repurchases for midstream MLPs and corporations remained healthy in Q4 2025. This note looks at 4Q25 repurchase activity and compares 2025 total buybacks with recent years.

IWP: Betting On Growth Without Mega-Caps Is Challenging

2026-03-09
iShares Russell Mid-Cap Growth ETF offers diversified mid-cap growth exposure. Click here to learn more about IWP and its holdings.

Does Targa Resources' 25% Dividend Hike Outlook Make It A Smart Hold?

2026-03-05
TRGP gains momentum with strong Q4 results, Permian growth and a planned 25% dividend hike by 2026, though heavy capex and basin risks cloud the outlook.

Midstream Energy: Relative Favorability

2026-03-04

Morgan Stanley Maintains Overweight on Targa Resources, Raises Price Target to $298

2026-03-03
Morgan Stanley analyst Robert Kad maintains Targa Resources (NYSE:TRGP) with a Overweight and raises the price target from $266 to $298.