In the current session, the stock is trading at $173.84, after a 2.17% spike. Over the past month, Targa Resources Inc. TRGP stock increased by 5.25%, and in the past year, by 18.82%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Targa Resources P/E Compared to CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate ma ...

Targa Resources Corp. (NYSE:TRGP) is one of the Most Promising Energy Stocks According to Wall Street Analysts. On September 18, Ameet Thakkar, an analyst from BMO Capital, initiated a “Buy” rating on the company’s stock with a price target of $185. The analyst’s rating is backed by a combination of factors demonstrating Targa Resources Corp. (NYSE:TRGP)’s growth potential and value. As per the analyst, the company remains well-placed to thrive even in the challenging Permian rig environment, with expectat ...

Group 1 - Loop Capital analyst Ananda Baruah initiated coverage on CoreWeave, Inc. (CRWV) with a Buy rating and a price target of $165, while shares closed at $121.39 [6] - BMO Capital analyst Ameet Thakkar initiated coverage on The Williams Companies, Inc. (WMB) with an Outperform rating and a price target of $66, with shares closing at $60.38 [6] - BMO Capital analyst Ameet Thakkar also initiated coverage on Targa Resources Corp. (TRGP) with an Outperform rating and a price target of $185, while shares closed at $170.12 [6] - Barclays analyst William Grippin initiated coverage on Clean Harbors, Inc. (CLH) with an Equal-Weight rating and a price target of $253, with shares closing at $237.14 [6] - Barclays analyst William Grippin initiated coverage on Republic Services, Inc. (RSG) with an Equal-Weight rating and a price target of $240, while shares closed at $226.71 [6]

Core Insights - Targa Resources Corp. (TRGP) is a leading U.S. midstream energy company with a market cap of $35.8 billion, operating in Gathering & Processing and Logistics & Transportation segments [1][2] - The company benefits from fee-based contracts that mitigate exposure to commodity price fluctuations, while ongoing expansion projects enhance growth potential [2] - TRGP shares are currently trading 25.3% below their 52-week high, with a recent decline of 6.6% over the past three months, underperforming the Nasdaq Composite [3][4] Financial Performance - In Q2, TRGP reported a revenue increase of 20% year-over-year to $4.26 billion, driven by higher NGL volumes and stronger natural gas prices [5] - Net income attributable to common shareholders more than doubled to $629.1 million from $298.5 million in the prior year, with adjusted EBITDA rising 18% to $1.16 billion [5] - The company reaffirmed its full-year 2025 adjusted EBITDA guidance of $4.65–$4.85 billion, anticipating growth in Permian gathering and processing operations [6]

Core Insights - The focus is on generating a 7%+ income yield through investments in energy stocks while minimizing principal loss [1] - The investment strategy includes managing risk through options and providing both micro and macro analysis of energy companies [1] Group 1 - The investment group "Energy Profits in Dividends" aims to provide early access to investment ideas and in-depth research for subscribers [1] - The leader of the group emphasizes a long position in MPLX shares, indicating a positive outlook on this stock [1] - Subscribers have had the opportunity to act on investment insights since the article's publication date [2] Group 2 - The article highlights the importance of energy-related funds and acknowledges that positions in these funds may change without prior notice [2] - There is a disclaimer regarding the lack of control over the funds mentioned, emphasizing the dynamic nature of investment positions [2] - The article does not provide specific investment recommendations or guarantees regarding future performance [3]

Core Insights - The article identifies three dividend stocks with growth potential: Permian Resources Corp., Archrock Inc., and Targa Resources [1][5][17] Company Summaries Permian Resources Corp. (PR) - Formed in September 2022 through a merger, the company operates in the Permian Basin and reported FY '24 revenue of $5 billion, a 60% increase, and net income of $984 million, a 106% increase, resulting in a basic EPS of $1.54 [7] - The forward annual dividend is $0.60 per share, yielding 4.3%, with a payout ratio of 45.58% [7] - Analysts rate it a "Strong Buy" with a score of 4.73 out of 5 and a highest price target of $22 per share, indicating ~58% upside potential [8] Archrock Inc. (AROC) - A provider of natural gas compression services, Archrock reported FY '24 revenue of $1.16 billion, a 17% increase, and net income of $172.2 million, a 64% increase, with an EPS of $1.05 [10][11] - The forward annual dividend is $0.84 per share, yielding 3.34%, with a payout ratio of 49.76% [11] - Over the past five years, the dividend has grown 21.82%, and the stock has appreciated 316.97%, with analysts rating it a "Moderate Buy" and a highest price target of $33 per share, suggesting ~31% upside potential [12] Targa Resources (TRGP) - Targa Resources, which supports natural gas and oil producers, reported FY '24 revenue of $16.38 billion, a 2% increase, and net income of $1.28 billion, a 53% increase, with an EPS of $2.94 [14][15] - The forward annual dividend is $4.00 per share, yielding 2.46%, with a payout ratio of 46.13% [15] - Analysts rate it a "Strong Buy" with a score of 4.67 out of 5 and a highest price target of $240 per share, indicating ~45% upside potential, with a stock gain of over 975% in the past five years [16]

Core Insights - The iShares Core S&P U.S. Growth ETF (IUSG) has an implied analyst target price of $178.40 per unit, indicating a potential upside of 10.53% from its recent trading price of $161.40 [1][2][3] ETF and Holdings Analysis - IUSG's underlying holdings include Targa Resources Corp (TRGP), Equitable Holdings Inc (EQH), and Range Resources Corp (RRC), all of which show significant upside potential based on analyst target prices [2][3] - TRGP is currently trading at $163.41, with an average analyst target of $205.14, representing a 25.54% upside [2][3] - EQH has a recent price of $52.72, with a target price of $65.50, indicating a 24.24% upside [2][3] - RRC is trading at $34.84, with an expected target price of $43.27, which is 24.20% above its current price [2][3] Analyst Target Price Considerations - The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high target prices relative to current trading prices may reflect optimism but could also lead to potential downgrades if they are based on outdated information [3]

Core Viewpoint - Kayne Anderson Energy Infrastructure Fund, Inc. reported its financial position as of August 31, 2025, highlighting a strong net asset value and significant asset coverage ratios under the Investment Company Act of 1940 [1][2]. Financial Summary - The Company's net assets totaled $2.3 billion, with a net asset value per share of $13.82 as of August 31, 2025 [2]. - Total assets amounted to $3,234.7 million, which included investments of $3,223.1 million and cash and cash equivalents of $8.9 million [3]. - The asset coverage ratio for senior securities representing indebtedness was 723%, while the total leverage coverage ratio was 522% [2]. Liabilities Overview - Total liabilities were reported at $347.1 million, which included a credit facility of $50 million, notes of $350 million, and a deferred tax liability of $294.2 million [3]. Investment Composition - The Company had 169,126,038 common shares outstanding and invested primarily in Midstream Energy Companies (94%), with smaller allocations to Power Infrastructure (3%) and Other (3%) [5]. - The ten largest holdings included significant investments in companies such as The Williams Companies, Inc. ($344 million), Enterprise Products Partners L.P. ($327.1 million), and Energy Transfer LP ($323.8 million) [5]. Investment Objective - The Company aims to provide a high after-tax total return with a focus on cash distributions to stockholders, investing at least 80% of its total assets in securities of Energy Infrastructure Companies [7].

Core Viewpoint - Targa Resources Corp. has initiated an open season for non-binding bids for its Forza Pipeline Project, aimed at transporting natural gas to meet rising regional output, with a capacity of up to 750,000 dekatherms per day [1][9]. Group 1: Forza Pipeline Project Details - The Forza Pipeline Project will consist of 36 miles of new 36-inch pipeline and 43 miles of leased capacity on the Bull Run Pipeline extension, connecting gas processing plants to demand centers and downstream markets [3]. - The project is expected to be completed by mid-2028, subject to regulatory approvals and shipper commitments [3]. Group 2: Financial Implications - The open season for bids is crucial for Targa's long-term contracts for natural gas transportation, which will positively impact its earnings and cash flows [2]. - Contracts for the pipeline will have a minimum term of 10 years, with options for ramp-up volumes to align with production growth [4]. Group 3: Strategic Importance - The Forza Pipeline is a key component of Targa's broader expansion strategy in the Permian Basin, enhancing system redundancy, reliability, and competitive advantage while improving access to in-basin demand and major interstate markets [5]. Group 4: Company Overview - Targa Resources is a leading energy infrastructure company in North America, primarily generating revenue from gathering, compressing, treating, processing, and selling natural gas [6].

Core Viewpoint - Targa Resources Corp. has launched a non-binding open season for its Forza Pipeline Project, aimed at supporting the increasing natural gas production in the Delaware Basin, with the open season running from September 2 to October 2, 2025 [1][2]. Project Details - The Forza Project will consist of 36 miles of 36-inch diameter pipe, providing 750 dekatherms per day of primary firm transportation service from Lea County, New Mexico to delivery points near the Waha Hub in Texas [2]. - The project aims to connect new and existing gas processing facilities to in-basin demand and other markets, with a completion target set for mid-2028, contingent on shipper interest and regulatory approvals [2]. Participation and Information - Interested parties can participate in the open season to secure firm transportation capacity, with more details available on Targa's website [3]. - Pro forma agreements will be provided to prospective shippers upon signing a confidentiality agreement [3]. Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America, focusing on the efficient delivery of energy across the U.S. and globally [4]. - The company operates a diversified portfolio of assets that connect natural gas and NGLs to domestic and international markets, catering to the growing demand for cleaner fuels [4].