Targa Resources Corp (TRGP) has seen a flurry of activity from both inside the company and among shareholders. Some insiders, including
Chief Commercial Officer Robert Muraro and
Director Paul W. Chung, have sold significant amounts of their shares. However, stock prices have remained steady due to increased shares purchasing by entities such as
Cetera Advisors LLC and
Czech National Bank. The company showed a
record second quarter in 2024, leading to increased outlook for the entire year. Despite some missed earnings and weaker-than-expected revenue, TRGP continues to present a robust
dividend stock, with an increase announced to
$0.75. Their recent
$1 billion senior notes offering was also successful. Amidst this, a SWOT analysis of the company hints at strategic insight and improving EBITDA indicative of potential upside.
Targa Resources Corp TRGP News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 18 Aug 2024 11:04:26 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 3