Targa Resources Corp. (TRGP) on Decifer

Why it ranks here

• It earns solid returns on the money it puts to work, around 12%.
• Revenue is expected to grow about 16% a year, profits grew 48% over the past year, and growth is speeding up, not slowing down.
• It keeps a healthy share of every sale as profit, with profitability widening as it grows.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares and it returns cash to shareholders.
• Our durability check found pressure on this name, which costs it a few points.

The current read

The evidence on TRGP lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Oil & Energy: Targa Resources Corp. operates in oil & gas midstream. That places it inside the Oil & Energy story.

Read the full TRGP research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.