Recent activities and insights shed light on Targa Resources Corp financial and market operations. Several institutes including Mitsubishi UFJ Trust & Banking, iA Global Asset Management and Ninety One UK Ltd have sold, bought or had significant holdings in Targa Resources Corp. An anticipated dividend increase is considered a game changer for the company's capital return. The company recently launched the Forza Pipeline to strengthen growth in the Delaware Basin. The acquisition of Stakeholder Midstream for $1.25 billion represents a strategic growth stride of the organization. In addition, Q3 earnings ranked impressive with a revenue shortfall, leading to upscaling of stocks by 3.62%. This bullish performance over the last five quarters led to a 638% return for investors, despite a recent 4.2% pullback. Other key highlight was the company's announcement of its new Permian investments, and the announced plans of Targa Resources Corp to build a $1.6B Permian NGL Pipeline.
Targa Resources Corp TRGP News Analytics from Fri, 21 Mar 2025 07:00:00 GMT to Sat, 24 Jan 2026 13:44:49 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
