Targa Resources (MEX:TRGP) Moat Score: 5/10 (As of Jul. 02, 2026)


MEX:TRGP Targa Resources Corp MEX:TRGP
74 GF Score
Price MXN3,775.00
GF Value MXN2,477.82
! 7 Warning Signs
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What is Targa Resources Moat Score?

Targa Resources MEX:TRGP 74 Moat Score is 5 as of Jul. 02, 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 74/100 and a GF Value™ of MXN2,477.82. The stock has 7 warning signs investors should review. Among 1,041 Oil & Gas companies, Targa Resources ranks better than 94.24% on this metric.

Targa Resources has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Targa Resources has Narrow Moat: Targa Resources benefits from a solid distribution network and economies of scale in the energy sector. However, the industry is capital-intensive with fluctuating demand, limiting its pricing power and market leadership.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Targa Resources might have Narrow Moat - Solid narrow moat.

Targa Resources  (MEX:TRGP) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Targa Resources Moat Score Related Terms

MEX:TRGP vs MPLX, OKE, ET: Moat Score Comparison

For the Oil & Gas Midstream subindustry, Targa Resources's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Targa Resources Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Targa Resources's Moat Score distribution charts can be found below:

* The bar in red indicates where Targa Resources's Moat Score falls into.


MEX:TRGP
74GF Score
Targa Resources Corp MEX:TRGP
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Targa Resources (MEX:TRGP) has a Moat Score of 5 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Targa Resources ranks #60 out of 1041 companies in the Oil & Gas industry, placing it in the top 5.8%.
Is Targa Resources' Moat Score too high?
Targa Resources' current Moat Score is 5. The Oil & Gas industry median Moat Score is 1.00. Targa Resources' value of 5 is 400% above this industry median. Based on the distribution chart, Targa Resources ranks #60 out of 1041 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Targa Resources has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Moat Score compare to MPLX and OKE?
According to the Oil & Gas industry distribution chart, Targa Resources ranks #60 out of 1041 companies for Moat Score. This places Targa Resources in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Targa Resources' value of 5 is 400% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Targa Resources's current Moat Score of 5 is 400% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Targa Resources's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Targa Resources (MEX:TRGP) has a current Moat Score of 5. The stock's GF Value™ is MXN2,477.82, compared to a current price of MXN3,775.00 — trading 52.4% above its estimated fair value. The current Moat Score is 5 and 400% above the Oil & Gas industry median of 1.00. Targa Resources' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Moat Score is 5 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 52.4% above its estimated GF Value™ of MXN2,477.82.

Key valuation signals for MEX:TRGP:

  • Moat Score: 5
  • GF Value™: MXN2,477.82 vs. price of MXN3,775.00 (52.4% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 400% above the Oil & Gas median (#60 of 1041)

No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Targa Resources Business Description

Industry EnergyOil & Gas
Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
74GF Score

Get the complete analysis for MEX:TRGP

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,775.00
Price
MXN2,477.82
GF Value