Targa Resources Corp. (TRGP) is thought to be the best gas and crude oil stock to buy currently. This bullish perspective is reinforced by
billionaire investors and growth investors alike. A
33% dividend hike and its norm-surpassing stock performance cements this position further. There have also been multiple adjustments to its price target by US Capital Advisors and JPMorgan, with the latest being upwards of $200. The company's robust
financial blueprint and immaculate control of North Dakota assets further set it apart. Organizations such as Goldman Sachs laud TRGP for its high consensus ROE. TRGP's ability to reconstitute its dividend, despite challenges, illustrates resilience, but caution is signaled via insider sell-offs by major stakeholders. There have been two billion-dollar offerings of senior notes to fund strategic transactions. The company's
record financial results in 2024 reflected in soaring stock prices. With a 34% ROE deemed better than the average, TRGP might continue its financial rally into 2025. Despite some fluctuations, TRGP sustains a positive trajectory with continuous strategic growth and record results.
Targa Resources Corp TRGP News Analytics from Fri, 10 May 2024 07:00:00 GMT to Mon, 24 Mar 2025 21:35:01 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 4
