Targa Resources: Large Growth Potential With High Capex Spending
TRGPTarga(TRGP) Seeking Alpha·2024-08-06 14:18

DNY59 Thesis Targa Resources (NYSE:TRGP) is a midstream company that focuses its operations on a vertically integrated value chain for natural gas and natural gas liquids out of the Permian Basin. The wellhead to the water strategy gives a one-stop shop from the Permian Basin to international export markets. Over the last two years, TRGP has deployed an impressive amount of capital to expand its natural gas processing and NGL fractionation capabilities out of the Permian Basin. The company has a full set of ...