TARGA RES CORP's ticker is TRGP and the CUSIP is 87612G101. A total of 581 filers reported holding TARGA RES CORP in Q2 2023. The put-call ratio across all filers is 0.58 and the average weighting 0.3%.
About TARGA RES CORP
Targa Resources Corp. is a leading provider of midstream energy services in North America. The company operates in two segments: Gathering and Processing, and Logistics and Marketing. Targa's Gathering and Processing segment includes natural gas gathering and processing, while its Logistics and Marketing segment includes crude oil and natural gas liquids logistics and marketing.
Targa Resources Corp. has a strong presence in the Permian Basin, which is one of the most prolific oil and gas producing regions in the United States. The company's assets in the Permian Basin include natural gas processing plants, crude oil gathering and transportation pipelines, and fractionation facilities.
In addition to its operations in the Permian Basin, Targa Resources Corp. also has assets in other key producing regions, including the Bakken, Eagle Ford, and Barnett shale plays. The company's diversified asset base and strategic location make it well-positioned to capitalize on the growing demand for midstream energy services in North America.
Targa Resources Corp. has a strong financial position, with a solid balance sheet and ample liquidity. The company has a history of generating strong cash flows, which it has used to fund growth initiatives and return capital to shareholders through dividends and share repurchases.
Overall, Targa Resources Corp. is a well-managed company with a strong asset base and a solid financial position. While the energy industry is subject to volatility, Targa's diversified operations and strategic location make it a compelling investment opportunity for investors seeking exposure to the midstream energy sector.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
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