Capital Return StrategyTRGP's capital return strategy, which targets returning 40-50% of adjusted cash flow to shareholders, should provide downside support to share price.
Tax Legislation BenefitsTarga does not expect to be a material cash taxpayer until post-2027, benefiting from recently approved tax legislation.
Volume GrowthTRGP's volume growth has three major drivers: Permian oil growth, Gas to Oil Ratio growth, and TRGP acreage outperformance.