View Financial HealthTarga Resources 배당 및 자사주 매입배당 기준 점검 3/6Targa Resources 수익으로 충분히 충당되는 현재 수익률 1.85% 보유한 배당금 지급 회사입니다.핵심 정보1.9%배당 수익률1.1%자사주 매입 수익률총 주주 수익률2.9%미래 배당 수익률2.6%배당 성장률-4.4%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향43%최근 배당 및 자사주 매입 업데이트Declared 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.공시 • 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.공시 • 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.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.공시 • 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.공시 • 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.모든 업데이트 보기Recent 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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).공시 • 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.공시 • 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.공시 • 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.공시 • 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%).공시 • 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, 2025지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 1TRGP 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 1TRGP 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Targa Resources 배당 수익률 vs 시장1TRGP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (1TRGP)1.9%시장 하위 25% (IT)1.7%시장 상위 25% (IT)4.5%업계 평균 (Oil and Gas)4.4%분석가 예측 (1TRGP) (최대 3년)2.6%주목할만한 배당금: 1TRGP 의 배당금( 1.85% )은 Italian 시장에서 배당금 지급자의 하위 25%( 1.68% )보다 높습니다.고배당: 1TRGP 의 배당금( 1.85% )은 Italian 시장에서 배당금 지급자의 상위 25%( 4.52% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 43.2% )로 1TRGP 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 409.8% )이 높기 때문에 1TRGP 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 17:15종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Targa Resources Corp.는 33명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ethan BellamyBairdRichard GrossBarclaysTheresa ChenBarclays30명의 분석가 더 보기
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.
공시 • 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.
공시 • 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.
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.
공시 • 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.
공시 • 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.
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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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