TRGP
(NYSE: TRGP) (Targa or Targa Resources) announced today that its board of directors has declared an...
Article Summary
HOLD- (NYSE: TRGP) (Targa or Targa Resources) announced today 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 percent increase over the common dividend declared with respect to the first quarter of 2025.
- The Company will report its first quarter 2026 financial results before the market opens for trading on Thursday, May 7, 2026, and will host a live webcast at 11:00 a.m.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.4% | 25% | 20.0 ptsMinimal (3.4%) - Very weak |
| EPS Growth Next 5Y ? | 16.3% | 25% | 50.0 ptsMeets Minimum (16.3%) - Passes screener |
| Target Price Upside ? | 9.4% | 20% | 35.0 ptsBelow Screener (9.4%) - Target: $262.24 vs Current: $239.81 |
| Gross Margin % ? | 22.5% | 15% | 40.0 ptsModerate (22.5%) - Adequate margins |
| Drawdown from 52-Wk High ? | -5.5% | 15% | 20.0 ptsBarely a Dip (-5.5%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TRGP
- Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic 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.
- It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users.
- In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas.
- The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges.
- Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.