TRGP
Targa ResourcesCNYSE / Energy
Last Price
At close
2026-07-18
Current thesis
Primary-source evidence improved on May 7, 2026: raised 2026 EBITDA outlook, record Permian inlet and fractionation volumes, and management said Q2 Permian inlet volumes were already trending significantly above Q1 [#8-K-2026-05-07]. That supports the view that the current capex cycle is already converting into earnings power.
Posture
Mixed
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +7.8.
What can break
A late-Q1 unplanned outage at part of the export facility reduced LPG export volumes; management said it was resolved early in Q2, but reliability and volume normalization still need to show up in results [#8-K-2026-05-07].
Momentum
78
Value
40
Sentiment
47
Setup hits (3d)
— · Net —
AI TargetsBase $255.00 · Bull $285.00 · Bear $225.00
Data freshness
Prices
As of 2026-07-18
Fundamentals
As of 2026-07-17 • Vendor: Data Vendor v1
Scores
As of 2026-07-18 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-18
Investment thesis
As of 2026-07-18
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net —
Target $291.05
Why
Momentum78 · Δ7d +7.8
Value40 · Δ7d +0.0
Sentiment47 · Δ7d -6.0
So what
Balanced signals. Wait for confirmation before sizing up.
Lead driver: Momentum · See technicals
Momentum
78
26% active weight
Current posture
7d trendFlat
Δ7d
+7.8
Δ21d
+5.0
Value
40
39% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
+0.0
Sentiment
47
34% active weight
Current posture
7d trendSoftening
Δ7d
-6.0
Δ21d
-5.0
Why this grade
Composite grade C. Momentum 78.5 / Value 40.4 / Sentiment 47.1
Fundamentals (TTM)As of 2026-07-17
Fundamentals (TTM)
As of 2026-07-17
Market Cap
$60.72B
Beta
0.88
Shares Out
214.64M
P/E (TTM)
24.7
P/S (TTM)
2.27
P/FCF (TTM)
575.78
Rev YoY
-10.6%
EPS YoY
+143.6%
Gross Margin
+24.8%
Op Margin
+17.9%
Net Debt
$17.2B
Current Ratio
0.72
As of 2026-07-18 • Updated nightlySource: Internal modelMethodology

