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Targa Resources, Inc.

TRGP

Energy · 268.45 +3.3% today

You’ve read what changed. Here’s whether the market is confirming it.

SpreadingMarket checked 6 Aug, 15:55 GMT-4

Jodie situation report

Targa Resources, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 14 of 15 group members are active now; 3 filing-linked outsiders are moving with the group, and 1 of 8 directly disclosed connections are confirming.

P/E29.3xlatest annual facts
Revenue YoY+3.9%2025-12-31
Operating margin19.6%+3.1 pts YoY
Company+3.3% todayVolume comparison unavailable
Market group14 of 15 activeIndependent Oil Producers · active
Disclosed network1 of 8 confirmingENB moving with the group
What would change this read
  • Participation remains broad in the next market snapshot.
  • ENB remains aligned with the group in the next market snapshot.
  • Growth capital expenditures increased 12.4% year over year and equaled 22.4% of revenue, alongside higher construction activity during 2026.

Invalidation: This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.

Watch this read

Who this business touches

The relationships behind TRGP

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ENBEnbridge IncpartnerNov 5, 2025 ▾

“WPC is a joint venture owned 50.6% by WhiteWater, 30.4% by MPLX LP, and 19.0% by Enbridge Inc.”

MPLXMPLX LPinvesteeNov 5, 2025 ▾

“The Blackcomb Joint Venture is owned 70.0% by WPC, 17.5% by Targa, and 12.5% by MPLX LP.”

Depended on by

AMSCAmerican Superconductor CorporacustomerMay 27, 2026 ▾

“Navy, Capital Power Corp., Targa Resources Corp., Micron Technology Inc., SSE plc in the United Kingdom, Consolidated Power Projects (Pty) Ltd in South Africa, the Royal Canadian Navy in Canada, Fuji Bridex in Singapore, Copel Distribuição in Brazil and Ergon…”

Filing peers

FANGCQPGAIN

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

TRGP is currently a Early Follower in the organic co-movement group Independent Oil Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.