Targa Resources: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond!

Targa Resources Corp. has demonstrated a robust performance during the third quarter of 2024, with record volumes and adjusted EBITDA, suggesting a significant growth trajectory. The company’s strategic positioning in volatile markets, a strong Permian Basin presence, and a focus on fee-based or fee floor contracts, primarily in the Gathering and Processing (G&P) segments, have mitigated exposure to commodity price downturns. Notably, Targa has invested in long-term growth by expanding its infrastructure and capacity through key projects, such as the construction of new processing plants and sour gas treating facilities in the Permian Delaware Basin, expected to be operational by the upcoming years. This expansion is in anticipation of higher growth and to align with producer needs.