Targa Resources Corp risk profile

43 Elevated one input has moved against it

Measured 21 October 2026 from TRGP's filed statements. Recomputed nightly.

43 (Elevated), driven by Leverage and coverage at 54, over 4 weighted categories on the MANUFACTURER profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation20NormalStableOne-year price volatility — 28.1%
Operating pressureReads cost_of_revenue, operating_expense, operating_income and revenue. No reading is stored for this company.
Cash conversion42ElevatedWorseningCapital spending against operating cash — 0.85x
Leverage and coverage54ElevatedStableNet debt to EBITDA — 3.56x
Competitive position45ElevatedStableOperating-margin gap against peers — +4.3 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Energy companies with a risk reading

Financials, valuation and price history for Targa Resources Corp