
OpinionTRGP
Targa's 20-year ExxonMobil deal changes the Permian growth story
Targa's 20-year, fee-based ExxonMobil agreements give its Permian expansion a longer earnings runway than a typical commodity-cycle bet. The premium valuation is real, but record volumes, project execution, and stronger guidance make the bull case more durable.
Aug 19, 20262 MIN
