Targa is the dominant Permian NGL gatherer and processor with strategic Mont Belvieu fractionation and Gulf Coast export terminals. Asian LPG demand growth and limited new export capacity globally create multi-year volume tailwind. Recent contract structure shifts more revenue to fee-based, reducing commodity sensitivity. Capital discipline and rising distributions support multiple expansion.
Thesis reviewed May 29, 2026
Targa Resources Corp. is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail ββ‘Energy78REDUCE| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | 73 | +10% | β79% | WATCH |
| SU | Suncor Energy Inc. | 73 | +14% | β79% | WATCH |
| CVE | Cenovus Energy Inc. | 73 | +17% | β79% | WATCH |
| PTR | PetroChina Company Limited | 73 | +8% | β79% | NEUTRAL |
| SNP | China Petroleum & Chemical Corporation (Sinopec) | 73 | +8% | β79% | NEUTRAL |
| TTE | TotalEnergies SE | 73 | +10% | β79% | WATCH |
| FTI | TechnipFMC plc | 73 | +20% | β79% | WATCH |
Investors who hold TRGP may also have indirect exposure through these country funds.
US LPG exports hit record on Asian demand and limited terminals
Targa Galena Park expansion approved by FERC
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Gilbert CisnerosCA | D | Buy | $1kβ$15k | Feb 10, 26 | |
| Gilbert CisnerosCA | D | Buy | $1kβ$15k | Jan 9, 26 | |
| Gilbert CisnerosCA | D | Buy | $1kβ$15k | Dec 19, 25 |