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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: Loading The Chamber For Future Growth (Rating Upgrade)

2026-02-12

Shares of energy companies are trading lower as oil prices pull back after the International Energy Agency issued a demand forecast that signaled weaker consumption ahead.

2026-02-12

Analyst Sentiment on Targa Resources (TRGP) Strengthens Following Recent Analyst Updates

2026-02-11
Targa Resources Corp. (NYSE:TRGP) is included in the list of the best performing S&P 500 stocks in the last five years. With Targa Resources Corp. (NYSE:TRGP) shares trading near consensus valuation levels, analyst updates continued to pile up through the end of January. With a $213.00 consensus price target indicating a 3.60% upside as of […]

Targa Resources Corp. stock outperforms competitors on strong trading day

2026-02-11
Targa Resources Corp. stock outperforms competitors on strong trading day

Is Wall Street Bullish or Bearish on Targa Resources Stock?

2026-02-11
Even though Targa Resources has lagged behind the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

NML: This Fund Is Worth Considering Given Current Energy Sector Trends

2026-02-10

Live On CNBC, Josh Brown Hosts Segment Titled "Josh's Best Stocks In The Market: W.W. Grainger; Corteva; Targa Resources"

2026-02-03

Josh Brown's "Best Stocks in the Market:" Targa, WW Grainger and Corteva

2026-02-03
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight 3 names in his "Best Stocks in the Market."

Shares of oil and gas stocks are trading lower after President Trump's comments on Iran signaled a possible de-escalation of conflict, easing concerns about regional disruption. Also, the industry may be falling in response to warmer weather forecasts, and reports that gas and oil output suffered manageable freeze-offs during Winter Storm Fern.

2026-02-02

Cushing Asset Nearly Doubles Number of Kinetik Shares

2026-01-27
The asset management firm added 855,000 shares.