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TRGP - Small- And Mid-Cap Midstream Review
April, 26 2021 06:43 AM
Targa Resources Inc.
Small- and mid-capitalization midstream names are undervalued and unloved. Years of long-term debt growth have come to an end and free cash flow is set to double in 2021. The market hasn’t given any credence to retained cash flow. If these names simply distributed all their free cash flow, their share price would grow by 71%. For long-term investors, now is the time to pick up equity at bargain basement prices. For further details see:
Small- And Mid-Cap Midstream Review
Stock Information
Company Name:
Targa Resources Inc.
Stock Symbol:
TRGP
Market:
NYSE
Website:
targaresources.com
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