Targa Resources First Quarter 2025 Earnings: Misses Expectations

Targa Resources (NYSE:TRGP) First Quarter 2025 Results

Key Financial Results

• Revenue: US$4.56b (flat on 1Q 2024).
• Net income: US$198.8m (down 27% from 1Q 2024).
• Profit margin: 4.4% (down from 6.0% in 1Q 2024).
• EPS: US$0.91 (down from US$1.23 in 1Q 2024).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Targa Resources Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 54%.

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are down 12% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Targa Resources you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.