TRGP
BalancerTarga Resources
$240.51
-1.05%
as of 13 Apr
Power Core
Targa's moat is the integrated physical connectivity of its NGL value chain, linking Permian Basin gathering systems through processing, pipeline transport, fractionation, and Gulf Coast export in a single operational network.
Direction of Movement
Structural Earnings Improvement With Export Optionality Building
ROC 200
+42.5%
mOS zones are proprietary L17X overlays and do not constitute trading signals or investment advice.
Company Profile
Targa Resources Corp. is a leading provider of midstream energy services in North America. The company owns, operates, acquires, and develops a diversified portfolio of complementary domestic midstream infrastructure assets, delivering energy products across the United States. It gathers, compresses, treats, processes, transports, and markets natural gas; handles transportation, storage, fractionation, treatment, and sales of natural gas liquids (NGLs) and related products, including support for liquefied petroleum gas (LPG) exporters; and manages gathering, storage, terminaling, and marketing of crude oil. Targa Resources Corp. operates through two primary segments: Gathering and Processing, which focuses on assets for gathering and purchasing/selling natural gas from oil and gas wells; and Logistics and Transportation, which converts mixed NGLs into finished products via pipelines, fractionation, and export facilities. With a strong emphasis on fee-based contracts for stability, the company plays a critical role in connecting upstream production, particularly in key basins like the Permian, to downstream markets and international demand. Founded in 2006 and headquartered in Houston, Texas, Targa Resources Corp. supports the efficient flow of natural gas, NGLs, and crude oil in the U.S. energy infrastructure.