The Pipeline to Prosperity: Targa Resources' Surging Success Raises Questions About the True Cost of Growth Targa Resources Corp. 's record breaking second quarter has sent shockwaves through the energy industry.
Beneath the surface, however, lies a more complex tale of growth, debt, and the delicate balance between profit and financial risk.
The Permian Basin, Targa's bread and butter, has long been a hotbed of energy production. The company's latest figures suggest that its success in this region is no coincidence.