NYSE:TRGPOil and Gas
Strong Earnings and Expanded Buyback Program Might Change the Case for Investing in Targa Resources (TRGP)
Targa Resources recently reported second-quarter results, including revenue of US$4.26 billion and net income of US$629.1 million, alongside confirmation of a share repurchase program up to US$1 billion and full-year 2025 net income guidance of US$1.83 billion.
Management emphasized a focus on organic growth while remaining open to bolt-on acquisitions, and continued delivering higher NGL production and robust shareholder returns through stock buybacks.
We'll explore how Targa Resources'...