Targa Resources Slips to 414th in Market Activity Amid Pipeline Push and Permian Growth Strategy

, , ranking 414th in market activity. The company launched a non-binding open season for the Forza Pipeline, aiming to enhance natural gas flow in the Delaware Basin. This initiative aligns with Targa’s broader strategy to expand infrastructure capacity in key production regions.

Recent analyst activity included a Wells Fargo upgrade, , citing steady demand and Permian Basin growth. , driven by record gas and NGL volumes in the Permian. The company also announced a share buyback program expansion, signaling confidence in its financial flexibility.

Long-term performance remains robust, . Analysts highlighted Targa’s resilience in high-volume production and strategic liquidity moves amid market fluctuations. The firm’s focus on Permian growth and infrastructure development continues to underpin its investment thesis.

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