Stock Analysis | Targa Resources Outlook
Market Snapshot
Headline Takeaway: Targa Resources shows moderate technical neutrality but gains support from strong institutional optimism. The current price has risen by 4.17%.
News Highlights
- Colombia’s E&P Investment Boost: Colombia’s investment in oil and gas E&P is expected to jump 8% to $4.68 billion in 2025, signaling increased global energy infrastructure activity. This could indirectly benefit TRGP by boosting sector-wide demand.
- Presidential Support for Nigerian Oil & Gas Sector: Nigeria’s President Tinubu introduced an executive order to lower upstream project costs and attract more investment. While localized, it reflects a broader global trend of policy support for the sector.
- Private Equity Exits in Fossil Fuels: Global…