Targa Resources: Underappreciated Resilience Supports Upside
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.
Are You Looking for a High-Growth Dividend Stock?
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?
Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now
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 Resources Q1 Earnings Miss Estimates, Expenses Increase Y/Y
TRGP's first-quarter adjusted EBITDA totals $1.2 billion, up from $966.2 million in the prior-year period.
Targa Resources (TRGP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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.
Targa Resources, Inc. (TRGP) Could Be a Great Choice
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?
Stay Ahead of the Game With Targa Resources (TRGP) Q1 Earnings: Wall Street's Insights on Key Metrics
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.
Strength Seen in Targa Resources (TRGP): Can Its 8.2% Jump Turn into More Strength?
Targa Resources (TRGP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Targa Resources May Still Interest Growth Investors
Targa Resources Corporation, a $43.5 billion market cap gas midstream company focused on NGLs, offers a dividend yield of $3.00/share (1.5%) with an expected increase to $2.00/share (2.0%). The company dominates a much needed natural gas processing capacity niche in the Permian Basin. Waha prices remain pressured, which benefits Targa. Targa's stock price is up over 50% in less than a year, but the company has good growth projects underway.
Targa's Shares Gain 29% in Six Months: Time to Buy or Hold?
TRGP offers solid financial performance and stable revenues from fee-based contracts but is exposed to regulatory uncertainties, market competition and execution risks.
Targa Resources Q4 Earnings Miss Estimates, Revenues Increase Y/Y
TRGP's adjusted EBITDA for the fourth quarter totaled $1.1 billion, up from $959.9 million in the prior-year period.
3 Reasons Growth Investors Will Love Targa Resources (TRGP)
Targa Resources (TRGP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
