YahooOctober 19, 2026 at 1:14 PM NY8 Days Ago
Targa (TRGP) Borrowed Five Times Its Equity and the Stock Nearly Doubled
Two things are true of Targa Resources Corp. (NYSE:TRGP) at once. It carries more debt against its equity than almost anything in midstream, and it has been one of the strongest performers in the business over the past year. The stock closed at $294.90 on October 16. It has returned 27.4% during the last 6 […]
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