Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Targa Resources remains a 'Buy' as its Permian Basin NGL midstream footprint drives double-digit EBITDA and dividend growth. TRGP's aggressive growth cap-ex program addresses pent-up Permian demand and positions it to benefit from secular U.S. energy export growth. EBITDA guidance was raised to $5.7–$5.9 billion, with cap-ex set to decline, unlocking significant free cash flow and supporting substantial future dividend increases.
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Targa Resources (TRGP) and Blue Owl Capital (OWL) are top TOLL picks, offering differentiated income and growth amid market disruption. TRGP delivers robust total return potential, leveraging irreplaceable Permian Basin assets, high margin scalability, and a five-year dividend CAGR of 60%. OWL offers a 9%+ yield, substantial fee-based income from $315B AUM, and trades at a deep valuation discount despite recent sector pressures.
TRGP surges almost 59% in a year, backed by major growth projects, LPG export expansion and earnings growth outlook despite key risks.
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The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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TRGP posts record Q1 adjusted EBITDA on strong Permian and fractionation volumes despite revenue and earnings misses.
Targa Resources, Inc. (TRGP) came out with quarterly earnings of $2.21 per share, missing the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $0.91 per share a year ago.
Targa Resources Corp. (TRGP) Q1 2026 Earnings Call Transcript