US · Energy · Oil & Gas Midstream
EPS came in at 3.04 against a street estimate of 2.81 — a beat of 8.2%.
Analysts rate Targa Resources Inc a strong buy (21 buy, 1 hold, 0 sell out of 22) with an average price target of $330.19.
CONFIDENT TRGP posted record Q2 EBITDA (+38% YoY), Permian volumes +14% YoY with strong downstream metrics. Raising 2026 EBITDA guidance to high end of $5.7–5.9B range. Multiple growth projects executing on schedule. Q2 2026 Permian represents vast majority of operations; all major growth initiatives concentrated there. Analysts pressed plant cadence acceleration and fee floor timing. Management confirmed 3-plant baseline with upside from commercial wins; noted fee floors likely remain below aggregate through 2026, with long-term tailwind from higher commodity demand. 2026-08-06…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 9.72% |
| State Street Corp | 6.63% |
| Wellington Management Company LLP | 6.61% |
| Vanguard Capital Management, LLC | 6.54% |
| Vanguard Portfolio Management, LLC | 5.46% |
| Harris Associates L.P. | 3.70% |
| Geode Capital Management, LLC | 2.84% |
| NORGES BANK | 1.97% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • For the three months ended September 30, 2026, total revenues were $5,598.6 million, up from $4,151.2 million in the same period o | 2026-11-05 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Third-quarter 2026 net income attributable to Targa Resources Corp. was $658.2 million, up 38% from $478.4 million in the third qu | 2026-11-05 |
| Board / officer change · Q3 2026 TARGA RESOURCES CORP. - 8-K SUMMARY HEADLINE NUMBERS • Filing date: August 25, 2026 • Report date: August 19, 2026 • Company: Targa Resources Corp. | 2026-08-25 |
| Quarterly report · Q2 2026 TARGA RESOURCES CORP. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue (6M 2026): $8,534.8 million, down from $8,821.6 million in 6M 2025 • N | 2026-08-06 |
| Results announced · Q3 2026 TARGA RESOURCES CORP. - Q2 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Q2 2026 net income attributable to Targa: $765 million vs. $629 million in Q2 2 | 2026-08-06 |
| Board / officer change · Q3 2026 TARGA RESOURCES CORP. - 8-K SUMMARY HEADLINE NUMBERS • Board Appointment Date: July 16, 2026 • New Director Compensation: Pro-rated restricted stock | 2026-07-17 |
| Material agreement · Q3 2026 TARGA RESOURCES CORP. — 8-K SUMMARY HEADLINE NUMBERS • $451 million in trade receivable purchases outstanding under the receivables securitization f | 2026-07-06 |
| Quarterly report · Q1 2026 TARGA RESOURCES CORP. 10-Q SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total Revenues (Q1 2026): $4,094.7 million vs. $4,561.5 million (Q1 2025) | 2026-05-07 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $1.25 / share ex-date Oct 30, 2026 · pay Nov 17, 2026 | 2026-10-30 |
| Dividend | $1.25 / share ex-date Jul 31, 2026 · pay Aug 14, 2026 | 2026-07-31 |
| Dividend | $1.25 / share ex-date Apr 30, 2026 · pay May 15, 2026 | 2026-04-30 |
| Dividend | $1.00 / share ex-date Jan 30, 2026 · pay Feb 13, 2026 | 2026-01-30 |
| Dividend | $1.00 / share ex-date Oct 31, 2025 · pay Nov 17, 2025 | 2025-10-31 |
| Announcement | Date |
|---|---|
| New processing plants and Mont Belvieu fractionation train announced Targa Resources reported strong third-quarter 2026 results. Net income attributable to Targa rose to $658 million from $478 million a year earlier, while adjusted EBITDA increased 18% to $1. | 2026-11-05 |
| Full year 2026 adjusted EBITDA guidance raised to top end of range Targa Resources Corp. reported exceptional Q2 2026 results with record earnings. Net income jumped 22% year-over-year to $765 million, while adjusted EBITDA hit a record $1.603 billion, up 3 | 2026-08-06 |
| Increases full year 2026 adjusted EBITDA estimate to $5.7-$5.9 billion Targa Resources Corp., an energy infrastructure company, reported strong first quarter 2026 results with record performance across key metrics. Net income jumped 77% to $480 million versus $ | 2026-05-07 |
| Record 2025 results; provides outlook for record 2026 adjusted EBITDA Targa Resources Corp. reported exceptional 2025 results with record earnings and provided strong guidance for 2026. Key highlights: Full-year 2025 adjusted EBITDA reached $4.96 billion, up 2 | 2026-02-19 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Targa Resources Inc — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.