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Targa Resources Corp. (NYSE:TRGP) has been on a strong run this year, posting gains of almost 55% since the beginning of 2026. A primary driver behind the rally is the 20-year fee-based agreement that the company signed with ExxonMobil in August. Despite the stock’s substantial gains and concerns that its rally could be nearing its […]
Where the price sits against its 50- and 200-day moving averages.
Makkler Fair Value, financial health score, analyst view, peers and MakklerAI.
Targa Resources has had a powerful multi‑year run, and with the stock now around US$283, the key issue for investors is whether that price still lines up with the cash the business can generate over time. Over the past 5 years the share price has risen by a very large amount, which puts a lot of weight on whether the underlying cash flows can justify that journey. New long term power contracts supporting Targa Resources' Permian Basin gas processing expansion may influence future cash flow...
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