Targa Resources Corp. (TRGP) has a MoatMap StockRank of 67/100 based on Quality (59/100), Value (21/100), and Momentum (71/100) factor scores. The current signal is BUY. Targa Resources is a premier midstream infrastructure player with a dominant position in the Permian Basin. As geopolitical tensions in the Middle East create a structural floor for global energy prices, US energy export volumes will remain highly robust. Targa's integrated gathering, processing, and fractionation network acts as a high-toll road with immense pricing power and strong FCF generation, aligning perfectly with the Terry Smith and Warren Buffett lenses.
Targa Resources Corp. is a prominent midstream energy company focused on gathering, processing, and transporting natural gas and natural gas liquids (NGLs) across major U.S. production basins, notably the Permian. Its competitive advantage lies in its extensive, integrated infrastructure network, which commands high barriers to entry and provides critical services to producers. The company's largely fee-based business model generates stable cash flows, mitigating direct exposure to commodity price fluctuations.
| Price | $265.14 |
| Market Cap | $56.3B |
| P/E (TTM) | 27.31 |
| P/E (Forward) | 21.73 |
| Price/Book | 18.71 |
| Return on Equity | 74.1% |
| Return on Invested Capital | 15.4% |
| Debt/Equity | 585.25 |
| Gross Margin | 41.8% |
| Operating Margin | 20.9% |
| Revenue Growth | -10.2% |
| Dividend Yield | 1.6% |
| Free Cash Flow | $-319M |
Targa Resources Corp. operates in the Oil & Gas Midstream industry, part of the Energy sector (United States).