Is Targa Resources Stock Still a Buy After Doubling in 2024?
TRGP's growth is underpinned by aggressive investments in high-demand energy infrastructure.
This Energy Stock Rocketed More Than 100% in 2024. Does It Have the Fuel to Continue Rallying in 2025?
Shares of Targa Resources (TRGP -0.30%) were blistering hot in 2024. The midstream company was up more than 105% heading into the final trading days of the year.
All You Need to Know About Targa Resources (TRGP) Rating Upgrade to Buy
Targa Resources (TRGP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here's Why Targa Resources (TRGP) Is a Great 'Buy the Bottom' Stock Now
Targa Resources (TRGP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Targa Resources (TRGP) Up 5.1% Since Last Earnings Report: Can It Continue?
Targa Resources (TRGP) reported earnings 30 days ago. What's next for the stock?
Targa Resources, Inc. (TRGP) Is Up 1.96% in One Week: What You Should Know
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Targa Resources: The Price Is Not Always Right (Rating Downgrade)
TRGP's price performance over the last several months has been incredibly strong, pushing it out past my price target for 2026. The new growth projects announced by the company will likely cause the company to increase debt levels in 2025, although still at manageable levels. Targa Resources will become a full taxpayer by 2027, negativity will impact FCF.
Targa Resources Q3 Earnings Beat on Permian Volume Strength
TRGP's adjusted EBITDA for the third quarter totaled $1.1 billion, up from $840.2 million in the prior-year period.
Targa Resources (TRGP) Upgraded to Buy: What Does It Mean for the Stock?
Targa Resources (TRGP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Targa Resources: Assuming The Past Never Happens Again
Target Resources cut its dividend in 2020 to repay debt faster, reflecting its aggressive growth strategy. Midstream earnings are protected by "take-or-pay" contracts, but growth often slows during cyclical downturns (of customer upstream companies). The cyclical nature of the upstream business means growth will eventually slow, affecting stock performance.
Targa Resources Corp (TRGP) Q3 2024 Earnings Call Transcript
Targa Resources Corp (NYSE:TRGP ) Q3 2024 Results Conference Call November 5, 2024 11:00 AM ET Company Participants Tristan Richardson - IR Matt Meloy - CEO & Director Jen Kneale - President of Finance & Administration Will Byers - Executive Vice President & CFO Scott Pryor - President of Logistics & Transportation Patrick McDonie - President of Gathering & Processing Robert Muraro - Chief Commercial Officer Conference Call Participants Theresa Chen - Barclays Jeremy Tonet - JPMorgan Michael Blum - Wells Fargo Keith Stanley - Wolfe Research Jean Salisbury - Bank of America John Mackay - Goldman Sachs Manav Gupta - UBS Neal Dingmann - Truist A.J. O'Donnell - TPH Sunil Sibal - Seaport Global Operator Ladies and gentlemen, thank you for standing by.
Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice
Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
