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Targa ResourcesNYSE: TRGP

Profile

Sector:

Energy

Country:

United States

IPO:

07 December 2010

Next earnings report:

14 February 2025

Last dividends:

31 October 2024

Next dividends:

N/A
$48.08 B
0%vs. 3y high
90%vs. sector
-54%vs. 3y high
91%vs. sector
0%vs. 3y high
97%vs. sector
0%vs. 3y high
73%vs. sector

Price

pre-market | 12 min ago
$220.50+$12.65(+6.09%)
$3.85 B$4.64 B
$3.85 B$387.40 M

Analysts recommendations

Institutional Ownership

TRGP Latest News

Targa Resources, Inc. (TRGP) Is Up 1.96% in One Week: What You Should Know
zacks.com19 November 2024 Sentiment: POSITIVE

Is Targa Resources, Inc. (TRGP) a strong choice for momentum investors? Let's take a closer look.

Targa Resources Q3 Earnings Beat on Permian Volume Strength
zacks.com12 November 2024 Sentiment: POSITIVE

In the third quarter, TRGP reported an adjusted EBITDA of $1.1 billion, which is an increase from $840.2 million during the same time last year.

Targa Resources: Assuming The Past Never Happens Again
seekingalpha.com10 November 2024 Sentiment: NEUTRAL

In 2020, Target Resources reduced its dividend to pay off debt more quickly, showing its strong focus on growth. While midstream earnings are secured by "take-or-pay" contracts, growth can slow down during economic downturns that impact upstream companies. This cyclical aspect of the upstream industry means that growth will eventually decrease, which can influence stock performance.

Targa Resources Corp (TRGP) Q3 2024 Earnings Call Transcript
seekingalpha.com05 November 2024 Sentiment: NEUTRAL

Targa Resources Corp (NYSE:TRGP) will hold its Q3 2024 Results Conference Call on November 5, 2024, at 11:00 AM ET. The call will feature several company leaders, including CEO Matt Meloy and CFO Will Byers, along with analysts from various financial institutions. Thank you for your patience as we begin the call.

Targa Resources Corp. Reports Record Third Quarter 2024 Results and Announces Expectations for a 33% Year-Over-Year Increase to its 2025 Common Dividend
globenewswire.com05 November 2024 Sentiment: POSITIVE

HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company,” or “Targa”) has announced its results for the third quarter of 2024 today.

Targa Resources Corp. Releases Sustainability Report
globenewswire.com16 October 2024 Sentiment: POSITIVE

HOUSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) has announced that its 2023 Sustainability Report is now accessible on the Company's website at https://www.targaresources.com/sustainability. This report enhances Targa's sustainability information and reviews the company's performance in 2023 on key environmental, social, and governance issues relevant to its industry and operations.

Are You Looking for a Top Momentum Pick? Why Targa Resources, Inc. (TRGP) is a Great Choice
zacks.com15 October 2024 Sentiment: POSITIVE

Is Targa Resources, Inc. (TRGP) a strong choice for momentum investors? Let's take a closer look.

Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2024 Earnings Webcast
globenewswire.com10 October 2024 Sentiment: POSITIVE

HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") has declared its quarterly dividend for common shares for the third quarter of 2024.

One Stock Most Likely To Miss Q3 2024 Estimates
seekingalpha.com10 October 2024 Sentiment: NEGATIVE

Wall Street analysts had high hopes for the second-quarter earnings of many S&P 500 companies, as 74% of their earnings per share (EPS) were higher than the core EPS. Our study shows that the reported earnings are inflated for 369 S&P 500 companies, with an average inflation of 19%. Additionally, 42% of these companies have earnings overstated by over 10%, which impacts nearly 27% of the market's total value as of September 23, 2024.

Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream & Clean Energy Conference
globenewswire.com27 September 2024 Sentiment: POSITIVE

HOUSTON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") has announced that its representatives will join investor meetings online from Houston, TX, during the Wolfe Research Utilities, Midstream & Clean Energy Conference taking place in New York, NY on Monday, September 30, 2024.

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What type of business is Targa Resources?

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

What sector is Targa Resources in?

Targa Resources is in the Energy sector

What industry is Targa Resources in?

Targa Resources is in the Oil & Gas Midstream industry

What country is Targa Resources from?

Targa Resources is headquartered in United States

When did Targa Resources go public?

Targa Resources initial public offering (IPO) was on 07 December 2010

What is Targa Resources website?

https://www.targaresources.com

Is Targa Resources in the S&P 500?

Yes, Targa Resources is included in the S&P 500 index

Is Targa Resources in the NASDAQ 100?

No, Targa Resources is not included in the NASDAQ 100 index

Is Targa Resources in the Dow Jones?

No, Targa Resources is not included in the Dow Jones index

When was Targa Resources the previous earnings report?

No data

When does Targa Resources earnings report?

The next expected earnings date for Targa Resources is 14 February 2025