Targa Resources (TRGP) Expected to Announce Earnings on Wednesday

Targa Resources (NYSE:TRGP) will likely be posting its Q3 2025 results before the market opens on Wednesday, November 5th. Analysts expect Targa Resources to post earnings of $2.22 per share and revenue of $4.6990 billion for the quarter. Individuals may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Wednesday, November 5, 2025 at 11:00 AM ET.

Targa Resources (NYSE:TRGP) last announced its quarterly earnings data on Thursday, August 7th. The pipeline company reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.92. Targa Resources had a return on equity of 43.35% and a net margin of 8.99%.The business had revenue of $4.26 billion during the quarter, compared to analyst estimates of $4.82 billion. On average, analysts expect Targa Resources to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Targa Resources Price Performance

Shares of NYSE:TRGP opened at $156.03 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 5.93. Targa Resources has a 1 year low of $144.14 and a 1 year high of $218.51. The business has a fifty day simple moving average of $161.27 and a 200 day simple moving average of $164.83. The firm has a market cap of $33.58 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 0.91 and a beta of 1.12.

Targa Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, October 31st. Targa Resources’s dividend payout ratio (DPR) is 56.58%.

Hedge Funds Weigh In On Targa Resources

A number of institutional investors have recently made changes to their positions in the business. Cooksen Wealth LLC increased its stake in Targa Resources by 9.7% during the second quarter. Cooksen Wealth LLC now owns 10,176 shares of the pipeline company’s stock valued at $1,771,000 after acquiring an additional 897 shares during the period. Great Valley Advisor Group Inc. increased its stake in Targa Resources by 133.4% during the second quarter. Great Valley Advisor Group Inc. now owns 4,618 shares of the pipeline company’s stock valued at $803,000 after acquiring an additional 2,639 shares during the period. Curi Capital LLC bought a new position in Targa Resources during the second quarter valued at about $757,000. HUB Investment Partners LLC increased its stake in Targa Resources by 62.3% during the second quarter. HUB Investment Partners LLC now owns 2,567 shares of the pipeline company’s stock valued at $447,000 after acquiring an additional 985 shares during the period. Finally, Brown Advisory Inc. increased its stake in Targa Resources by 13.1% during the second quarter. Brown Advisory Inc. now owns 4,521 shares of the pipeline company’s stock valued at $787,000 after acquiring an additional 524 shares during the period. 92.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on TRGP. Royal Bank Of Canada raised their target price on Targa Resources from $205.00 to $208.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Scotiabank restated an “outperform” rating on shares of Targa Resources in a report on Thursday, August 14th. Mizuho cut their target price on Targa Resources from $212.00 to $207.00 and set an “outperform” rating on the stock in a report on Friday, August 29th. Wall Street Zen upgraded Targa Resources from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Finally, Cfra Research upgraded Targa Resources to a “hold” rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $209.50.

Targa Resources Company Profile

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.