Targa Resources Corp. (NYSE:TRGP ) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Benjamin Branstetter - Corporate Participant D. Scott Pryor - President of Logistics & Transportation Jennifer R.
Get a deeper insight into the potential performance of Targa Resources (TRGP) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Targa offers strong EBITDA growth, Permian strength and shareholder returns, but faces debt, capex strain, trade risks and rising midstream competition.
Targa Resources benefits from strong NGL demand, Permian growth, and a fee-based model driving stable, record EBITDA and sustainable cash flows. Aggressive capex and expansion, combined with disciplined deleveraging, position Targa for long-term growth and shareholder value through dividends and buybacks. Risks include heavy Permian dependence and potential regulatory/environmental headwinds, but current tailwinds outweigh these concerns for now.
Targa Resources has de-risked its business, now 90% fee-based, and grown EBITDA by 24% over five years, driven by Permian Basin expansion. Despite underperformance and a lower dividend yield versus peers, Targa's strong cash flow and buybacks support shareholder returns and future dividend growth. Ongoing export growth, a robust capital program, and improved balance sheet position, Targa for continued volume and earnings expansion.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
TRGP's first-quarter adjusted EBITDA totals $1.2 billion, up from $966.2 million in the prior-year period.
The headline numbers for Targa Resources (TRGP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Targa Resources (TRGP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.