Why TRGP is down 11% since Oct 30
Down 11% from Oct 30 to Nov 10.
- Targa Resources fell 11% from Oct 30 to Nov 10. 6 points of it came on Nov 2.
Down 11% from Oct 30 to Nov 10.
TRGP's Quality Score fell 1 point on Tue, Nov 10, to 11. Trading went back to normal after a busy day (2 chart checks stopped).
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| The company | Profit up 42% to $2.4B |
| Latest filing | 8-K, Nov 5 |
ReportReports Tue Nov 17, before the open. Every 3 months, a company tells everyone how much it sold and earned. It rose after 2 and fell after 2 of its last 4 reports, -0.5% on average. Past reports ›
“Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war”
TRGP closed −4.5% that day.
After its last 4 reports it closed -0.5% on average, higher 2 of 4 times.
Above Averagefor quality, not price, 3 of 14 chart checks firingWhat the Quality Score means
TRGP is #3 of 12 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score |
Net income over four quarters: TRGP $2.45B, WMB $3.07B, WES $1.29B, AM $676M.
Reports Tue Nov 17, before the open (in 7 days). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
“The increase in commodity sales reflected higher NGL, natural gas and condensate prices ($801.5 million), higher NGL, natural gas and condensate volumes ($383.0 million) and the favorable impact of hedges ($68.5 million).”
TRGP's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Annual common dividend per share | $6.00 |
“The increase in fees from midstream services was primarily due to higher gas gathering and processing fees, and higher transportation and fractionation fees.”
From its results filing (SEC filing · Nov 5)
Sales grew 16% a year over 5 years, fiscal 2020 to 2025.
Pays $5.00 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 5, 2026 | +2.7% | -4.6% | not yet |
| Aug 6, 2026 | +3.2% | +3.1% | +3.3% |
| May 7, 2026 | -2.0% | +1.2% | +5.5% |
Sales grew in four of the last seven years, to $17B in 2025. It made a profit in six of the eight years.
RSI 45.6, MACD below signal, below its 50-day, above its 200-day. Not scored.
Its dividends come to 115% of its free cash flow.
| Dividend | $5.00 a share a year |
| Paid out | About $1.1B a year |
| Free cash flow | $934M |
| Record | Raised each of the last 5 years |
3 insiders sold $2.1M across 9 filings in the last 6 months. No open-market buys on record. The newest:
2 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: TRGP is 0.2% of VYM, 0.2% of SCHG, and under 0.1% of VOO, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
“We face strong competition in acquiring new natural gas or crude oil supplies.”
TRGP scores 11 today, which Breakaway calls Above Average. It is #3 of 12 in Natural Gas Transmission by Quality Score, with 3 of 14 chart checks firing. Down 11% from Oct 30 to Nov 10. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
TRGP scores 11 today, which Breakaway calls Above Average (11 to 14). That is #3 of 12 in Natural Gas Transmission by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind TRGP's 11.
3 insiders sold $2.1M across 9 filings in the last 6 months. No open-market buys on record. The newest is Paul W. Chung, Director, who sold $295K on Sep 1. Every filing, with the scored weight, for Pro members.
Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.
Insider and Congress trades, the chart, and the financials, in one score.
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