View Future GrowthTarga Resources 過去の業績過去 基準チェック /56Targa Resourcesは、平均年間42.9%の収益成長を遂げていますが、 Oil and Gas業界の収益は、年間 成長しています。収益は、平均年間9.5% 1.9%収益成長率で 成長しています。 Targa Resourcesの自己資本利益率は66.2%であり、純利益率は12.8%です。主要情報42.89%収益成長率43.93%EPS成長率Oil and Gas 業界の成長27.84%収益成長率1.88%株主資本利益率66.21%ネット・マージン12.80%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Feb 20Full year 2025 earnings released: EPS: US$8.62 (vs US$5.77 in FY 2024)Full year 2025 results: EPS: US$8.62 (up from US$5.77 in FY 2024). Revenue: US$17.0b (up 3.9% from FY 2024). Net income: US$1.85b (up 46% from FY 2024). Profit margin: 11% (up from 7.7% in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: US$2.22 (vs US$1.76 in 3Q 2024)Third quarter 2025 results: EPS: US$2.22 (up from US$1.76 in 3Q 2024). Revenue: US$4.15b (up 7.8% from 3Q 2024). Net income: US$478.4m (up 24% from 3Q 2024). Profit margin: 12% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: US$2.89 (vs US$1.34 in 2Q 2024)Second quarter 2025 results: EPS: US$2.89 (up from US$1.34 in 2Q 2024). Revenue: US$4.26b (up 20% from 2Q 2024). Net income: US$629.1m (up 112% from 2Q 2024). Profit margin: 15% (up from 8.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Oil and Gas industry in Europe.お知らせ • Jul 11+ 1 more updateTarga Resources Corp. to Report Q2, 2025 Results on Aug 07, 2025Targa Resources Corp. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025すべての更新を表示Recent updatesRecent Insider Transactions • May 14Independent Director recently sold €2.3m worth of stockOn the 12th of May, Charles Crisp sold around 11k shares on-market at roughly €218 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.5m. Insiders have been net sellers, collectively disposing of €30m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €228, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €404 per share.Declared Dividend • Apr 20Fourth quarter dividend of US$1.25 announcedShareholders will receive a dividend of US$1.25. Ex-date: 29th April 2026 Payment date: 15th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 17+ 1 more updateTarga Resources Corp. Declares Dividend for the First Quarter of 2026, Payable on May 15, 2026Targa Resources Corp. announced that its board of directors has declared an increase to its quarterly cash dividend to $1.25 per common share, or $5.00 per common share on an annualized basis, for the first quarter of 2026, consistent with previously disclosed expectations. This dividend represents a 25% increase over the common dividend declared with respect to the first quarter of 2025. This cash dividend will be paid May 15, 2026 on all outstanding common shares to holders of record as of the close of business on April 30, 2026.お知らせ • Mar 27Targa Resources Corp., Annual General Meeting, May 21, 2026Targa Resources Corp., Annual General Meeting, May 21, 2026. Location: at 811 louisiana street, suite 2100, tx 77002, houston United StatesRecent Insider Transactions • Mar 03President recently sold €5.8m worth of stockOn the 24th of February, Jennifer Kneale sold around 30k shares on-market at roughly €195 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jennifer's only on-market trade for the last 12 months.Reported Earnings • Feb 20Full year 2025 earnings released: EPS: US$8.62 (vs US$5.77 in FY 2024)Full year 2025 results: EPS: US$8.62 (up from US$5.77 in FY 2024). Revenue: US$17.0b (up 3.9% from FY 2024). Net income: US$1.85b (up 46% from FY 2024). Profit margin: 11% (up from 7.7% in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe.お知らせ • Feb 19Targa Resources Corp. Provides Dividend Guidance for the First Quarter, Payable in May 2026 and Annual Common Dividend for the Fiscal Year 2026Targa Resources Corp. announced that the company's Board of Directors an annual common dividend per share of $5.00 in 2026, a 25% increase to 2025 For the first quarter of 2026, the company intend to recommend to Board of Directors an increase to quarterly common dividend to $1.25 per common share or $5.00 per common share annualized. The recommended 25% increase in common dividend per share, if approved, would be effective for the first quarter of 2026 and payable in May 2026. Going forward, The company expects to be in position to continue to meaningfully increase the capital returned to shareholders through increasing common dividends per share and opportunistic repurchases of common stock.Buy Or Sell Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €176. The fair value is estimated to be €224, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €185, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 9x in the Oil and Gas industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €242 per share.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €176, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Oil and Gas industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €259 per share.Declared Dividend • Jan 19Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 29th January 2026 Payment date: 13th February 2026 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 16+ 1 more updateTarga Resources Corp. Announces Quarterly Dividend, Payable on February 13, 2026Targa Resources Corp. announced its quarterly dividend on common shares with respect to the fourth quarter of 2025. Targa announced that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the fourth quarter of 2025. This cash dividend will be paid February 13, 2026, on all outstanding common shares to holders of record as of the close of business on January 30, 2026.お知らせ • Jan 07Targa Resources Corp. (NYSE:TRGP) completed the acquisition of Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P.Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P. for $1.3 billion on December 1, 2025. Targa Resources Corp. will acquire Stakeholder Midstream, LLC for $1.3 billion in cash. Targa expects to fund the acquisition using its strong liquidity position, including cash on hand and its existing $3.5 billion revolving credit facility. Completion of the transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in the first quarter of 2026. RBC Capital Markets, LLC acted as financial advisor for Targa Resources Corp. Ryan Maierson, James Garrett, Patrick Nevins, Joshua Marnitz, Jim Cole, Jason Cruise, Peter Todaro, David Della Rocca, Sandra Benjamin, Aaron Friberg, Robert Brown, Harrison White, James Robertson, Eric Leon and Benjamin Gelfand of Latham & Watkins LLP acted as legal advisor for Targa Resources Corp. Jefferies Financial Group Inc. acted as financial advisor for Stakeholder Midstream, LLC. Sarah McLean, Robert Jacobson, Britton Davis, Jonathan Konoff and Scott Thompson of Willkie Farr & Gallagher LLP and Clifford Chance US LLP acted as legal advisor for Stakeholder Midstream, LLC. Targa Resources Corp. (NYSE:TRGP) completed the acquisition of Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P. on January 6, 2026. The acquisition has an effective date of January 1, 2026.New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (598% net debt to equity). Dividend is not well covered by cash flows (134% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Significant insider selling over the past 3 months (€3.0m sold).お知らせ • Dec 01Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC for $1.3 billion.Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC for $1.3 billion on December 1, 2025. Targa expects to fund the acquisition using its strong liquidity position, including cash on hand and its existing $3.5 billion revolving credit facility. Completion of the transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in the first quarter of 2026. RBC Capital Markets, LLC acted as financial advisor for Targa Resources Corp. Latham & Watkins LLP acted as legal advisor for Targa Resources Corp. Jefferies Financial Group Inc. acted as financial advisor for Stakeholder Midstream, LLC. Willkie Farr & Gallagher LLP and Clifford Chance US LLP acted as legal advisor for Stakeholder Midstream, LLC.Recent Insider Transactions • Nov 19President of Logistics & Transportation recently sold €3.0m worth of stockOn the 14th of November, D. Pryor sold around 20k shares on-market at roughly €148 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €32m more than they bought in the last 12 months.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: US$2.22 (vs US$1.76 in 3Q 2024)Third quarter 2025 results: EPS: US$2.22 (up from US$1.76 in 3Q 2024). Revenue: US$4.15b (up 7.8% from 3Q 2024). Net income: US$478.4m (up 24% from 3Q 2024). Profit margin: 12% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe.お知らせ • Nov 06+ 1 more updateTarga Resources Corp. Provides Dividend Guidance for the First Quarter and Full Year 2026Targa Resources Corp. provided dividend guidance for the first quarter and full year 2026. for the quarter, the company intends to recommend to Targa’s Board of Directors an increase to its common dividend to $1.25 per common share. The recommended common dividend per share increase, if approved, would be effective for the first quarter of 2026 and payable in May 2026. for the year, company intends to recommend to Targa’s Board of Directors dividend of $5.00 per common share.お知らせ • Oct 17+ 1 more updateTarga Resources Corp. Declares Quarterly Cash Dividend for the Third Quarter of 2025, Payable on November 17, 2025Targa Resources Corp. announced that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the third quarter of 2025. This cash dividend will be paid November 17, 2025 on all outstanding common shares to holders of record as of the close of business on October 31, 2025.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: US$2.89 (vs US$1.34 in 2Q 2024)Second quarter 2025 results: EPS: US$2.89 (up from US$1.34 in 2Q 2024). Revenue: US$4.26b (up 20% from 2Q 2024). Net income: US$629.1m (up 112% from 2Q 2024). Profit margin: 15% (up from 8.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Oil and Gas industry in Europe.お知らせ • Aug 07+ 1 more updateTarga Resources Corp. (NYSE:TRGP) announces an Equity Buyback for $1,000 million worth of its shares.Targa Resources Corp. (NYSE:TRGP) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.Upcoming Dividend • Jul 23Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Italian dividend payers (5.1%). Lower than average of industry peers (6.3%).お知らせ • Jul 11+ 1 more updateTarga Resources Corp. to Report Q2, 2025 Results on Aug 07, 2025Targa Resources Corp. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025収支内訳Targa Resources の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BIT:1TRGP 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 2616,5622,1201,739031 Dec 2517,0281,8411,704030 Sep 2517,3781,6151,658030 Jun 2517,0791,5241,624031 Mar 2516,3811,1951,594031 Dec 2416,3821,2701,561030 Sep 2416,2161,2311,522030 Jun 2416,2611,0651,486031 Mar 2416,1021,0951,451031 Dec 2316,0608281,427030 Sep 2316,3768681,407030 Jun 2317,8398441,379031 Mar 2320,4918901,313031 Dec 2220,9308971,223030 Sep 2221,8172441,160030 Jun 2220,9162111,077031 Mar 2218,276-1281,038031 Dec 2116,950-161,020030 Sep 2114,081319997030 Jun 2111,737195961031 Mar 219,844210938031 Dec 208,260-1,685953030 Sep 208,161-1,828937030 Jun 207,949-1,944986031 Mar 208,421-2,0341,044031 Dec 198,671-334984030 Sep 198,795-3271,088030 Jun 199,879-3021,076031 Mar 1910,328-1821,020031 Dec 1810,484-119979030 Sep 1810,589272930030 Jun 189,735129877031 Mar 189,15878856031 Dec 178,815-63826030 Sep 178,125-497801030 Jun 177,645-339785031 Mar 177,361-420764031 Dec 166,691-278741030 Sep 166,326-72708030 Jun 166,306-19706031 Mar 166,42149715031 Dec 156,65958702030 Sep 157,04457681030 Jun 157,700756490質の高い収益: 1TRGPは 高品質の収益 を持っています。利益率の向上: 1TRGPの現在の純利益率 (12.8%)は、昨年(7.3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 1TRGPの収益は過去 5 年間で年間42.9%増加しました。成長の加速: 1TRGPの過去 1 年間の収益成長率 ( 77.3% ) は、5 年間の平均 ( 年間42.9%を上回っています。収益対業界: 1TRGPの過去 1 年間の収益成長率 ( 77.3% ) はOil and Gas業界7.3%を上回りました。株主資本利益率高いROE: 1TRGPの 自己資本利益率 ( 66.21% ) は 抜群 ですが、負債レベルが高いためこの指標は歪んでいます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 10:27終値2026/06/05 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Targa Resources Corp. 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。32 アナリスト機関Ethan BellamyBairdRichard GrossBarclaysTheresa ChenBarclays29 その他のアナリストを表示
Reported Earnings • Feb 20Full year 2025 earnings released: EPS: US$8.62 (vs US$5.77 in FY 2024)Full year 2025 results: EPS: US$8.62 (up from US$5.77 in FY 2024). Revenue: US$17.0b (up 3.9% from FY 2024). Net income: US$1.85b (up 46% from FY 2024). Profit margin: 11% (up from 7.7% in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: US$2.22 (vs US$1.76 in 3Q 2024)Third quarter 2025 results: EPS: US$2.22 (up from US$1.76 in 3Q 2024). Revenue: US$4.15b (up 7.8% from 3Q 2024). Net income: US$478.4m (up 24% from 3Q 2024). Profit margin: 12% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: US$2.89 (vs US$1.34 in 2Q 2024)Second quarter 2025 results: EPS: US$2.89 (up from US$1.34 in 2Q 2024). Revenue: US$4.26b (up 20% from 2Q 2024). Net income: US$629.1m (up 112% from 2Q 2024). Profit margin: 15% (up from 8.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Oil and Gas industry in Europe.
お知らせ • Jul 11+ 1 more updateTarga Resources Corp. to Report Q2, 2025 Results on Aug 07, 2025Targa Resources Corp. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025
Recent Insider Transactions • May 14Independent Director recently sold €2.3m worth of stockOn the 12th of May, Charles Crisp sold around 11k shares on-market at roughly €218 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €6.5m. Insiders have been net sellers, collectively disposing of €30m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €228, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 50% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €404 per share.
Declared Dividend • Apr 20Fourth quarter dividend of US$1.25 announcedShareholders will receive a dividend of US$1.25. Ex-date: 29th April 2026 Payment date: 15th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 17+ 1 more updateTarga Resources Corp. Declares Dividend for the First Quarter of 2026, Payable on May 15, 2026Targa Resources Corp. announced that its board of directors has declared an increase to its quarterly cash dividend to $1.25 per common share, or $5.00 per common share on an annualized basis, for the first quarter of 2026, consistent with previously disclosed expectations. This dividend represents a 25% increase over the common dividend declared with respect to the first quarter of 2025. This cash dividend will be paid May 15, 2026 on all outstanding common shares to holders of record as of the close of business on April 30, 2026.
お知らせ • Mar 27Targa Resources Corp., Annual General Meeting, May 21, 2026Targa Resources Corp., Annual General Meeting, May 21, 2026. Location: at 811 louisiana street, suite 2100, tx 77002, houston United States
Recent Insider Transactions • Mar 03President recently sold €5.8m worth of stockOn the 24th of February, Jennifer Kneale sold around 30k shares on-market at roughly €195 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jennifer's only on-market trade for the last 12 months.
Reported Earnings • Feb 20Full year 2025 earnings released: EPS: US$8.62 (vs US$5.77 in FY 2024)Full year 2025 results: EPS: US$8.62 (up from US$5.77 in FY 2024). Revenue: US$17.0b (up 3.9% from FY 2024). Net income: US$1.85b (up 46% from FY 2024). Profit margin: 11% (up from 7.7% in FY 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe.
お知らせ • Feb 19Targa Resources Corp. Provides Dividend Guidance for the First Quarter, Payable in May 2026 and Annual Common Dividend for the Fiscal Year 2026Targa Resources Corp. announced that the company's Board of Directors an annual common dividend per share of $5.00 in 2026, a 25% increase to 2025 For the first quarter of 2026, the company intend to recommend to Board of Directors an increase to quarterly common dividend to $1.25 per common share or $5.00 per common share annualized. The recommended 25% increase in common dividend per share, if approved, would be effective for the first quarter of 2026 and payable in May 2026. Going forward, The company expects to be in position to continue to meaningfully increase the capital returned to shareholders through increasing common dividends per share and opportunistic repurchases of common stock.
Buy Or Sell Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €176. The fair value is estimated to be €224, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €185, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 9x in the Oil and Gas industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €242 per share.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €176, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Oil and Gas industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €259 per share.
Declared Dividend • Jan 19Third quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 29th January 2026 Payment date: 13th February 2026 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 2.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 16+ 1 more updateTarga Resources Corp. Announces Quarterly Dividend, Payable on February 13, 2026Targa Resources Corp. announced its quarterly dividend on common shares with respect to the fourth quarter of 2025. Targa announced that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the fourth quarter of 2025. This cash dividend will be paid February 13, 2026, on all outstanding common shares to holders of record as of the close of business on January 30, 2026.
お知らせ • Jan 07Targa Resources Corp. (NYSE:TRGP) completed the acquisition of Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P.Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P. for $1.3 billion on December 1, 2025. Targa Resources Corp. will acquire Stakeholder Midstream, LLC for $1.3 billion in cash. Targa expects to fund the acquisition using its strong liquidity position, including cash on hand and its existing $3.5 billion revolving credit facility. Completion of the transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in the first quarter of 2026. RBC Capital Markets, LLC acted as financial advisor for Targa Resources Corp. Ryan Maierson, James Garrett, Patrick Nevins, Joshua Marnitz, Jim Cole, Jason Cruise, Peter Todaro, David Della Rocca, Sandra Benjamin, Aaron Friberg, Robert Brown, Harrison White, James Robertson, Eric Leon and Benjamin Gelfand of Latham & Watkins LLP acted as legal advisor for Targa Resources Corp. Jefferies Financial Group Inc. acted as financial advisor for Stakeholder Midstream, LLC. Sarah McLean, Robert Jacobson, Britton Davis, Jonathan Konoff and Scott Thompson of Willkie Farr & Gallagher LLP and Clifford Chance US LLP acted as legal advisor for Stakeholder Midstream, LLC. Targa Resources Corp. (NYSE:TRGP) completed the acquisition of Stakeholder Midstream, LLC from EnCap Flatrock Midstream, L.P. on January 6, 2026. The acquisition has an effective date of January 1, 2026.
New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (598% net debt to equity). Dividend is not well covered by cash flows (134% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Significant insider selling over the past 3 months (€3.0m sold).
お知らせ • Dec 01Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC for $1.3 billion.Targa Resources Corp. (NYSE:TRGP) entered into a definitive agreement to acquire Stakeholder Midstream, LLC for $1.3 billion on December 1, 2025. Targa expects to fund the acquisition using its strong liquidity position, including cash on hand and its existing $3.5 billion revolving credit facility. Completion of the transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in the first quarter of 2026. RBC Capital Markets, LLC acted as financial advisor for Targa Resources Corp. Latham & Watkins LLP acted as legal advisor for Targa Resources Corp. Jefferies Financial Group Inc. acted as financial advisor for Stakeholder Midstream, LLC. Willkie Farr & Gallagher LLP and Clifford Chance US LLP acted as legal advisor for Stakeholder Midstream, LLC.
Recent Insider Transactions • Nov 19President of Logistics & Transportation recently sold €3.0m worth of stockOn the 14th of November, D. Pryor sold around 20k shares on-market at roughly €148 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €32m more than they bought in the last 12 months.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: US$2.22 (vs US$1.76 in 3Q 2024)Third quarter 2025 results: EPS: US$2.22 (up from US$1.76 in 3Q 2024). Revenue: US$4.15b (up 7.8% from 3Q 2024). Net income: US$478.4m (up 24% from 3Q 2024). Profit margin: 12% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe.
お知らせ • Nov 06+ 1 more updateTarga Resources Corp. Provides Dividend Guidance for the First Quarter and Full Year 2026Targa Resources Corp. provided dividend guidance for the first quarter and full year 2026. for the quarter, the company intends to recommend to Targa’s Board of Directors an increase to its common dividend to $1.25 per common share. The recommended common dividend per share increase, if approved, would be effective for the first quarter of 2026 and payable in May 2026. for the year, company intends to recommend to Targa’s Board of Directors dividend of $5.00 per common share.
お知らせ • Oct 17+ 1 more updateTarga Resources Corp. Declares Quarterly Cash Dividend for the Third Quarter of 2025, Payable on November 17, 2025Targa Resources Corp. announced that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the third quarter of 2025. This cash dividend will be paid November 17, 2025 on all outstanding common shares to holders of record as of the close of business on October 31, 2025.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: US$2.89 (vs US$1.34 in 2Q 2024)Second quarter 2025 results: EPS: US$2.89 (up from US$1.34 in 2Q 2024). Revenue: US$4.26b (up 20% from 2Q 2024). Net income: US$629.1m (up 112% from 2Q 2024). Profit margin: 15% (up from 8.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Oil and Gas industry in Europe.
お知らせ • Aug 07+ 1 more updateTarga Resources Corp. (NYSE:TRGP) announces an Equity Buyback for $1,000 million worth of its shares.Targa Resources Corp. (NYSE:TRGP) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.
Upcoming Dividend • Jul 23Upcoming dividend of US$1.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Italian dividend payers (5.1%). Lower than average of industry peers (6.3%).
お知らせ • Jul 11+ 1 more updateTarga Resources Corp. to Report Q2, 2025 Results on Aug 07, 2025Targa Resources Corp. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025