TRGP Stock Recent News
TRGP LATEST HEADLINES
Targa Resources benefits from strong NGL demand, Permian growth, and a fee-based model driving stable, record EBITDA and sustainable cash flows. Aggressive capex and expansion, combined with disciplined deleveraging, position Targa for long-term growth and shareholder value through dividends and buybacks. Risks include heavy Permian dependence and potential regulatory/environmental headwinds, but current tailwinds outweigh these concerns for now.
Targa Resources has de-risked its business, now 90% fee-based, and grown EBITDA by 24% over five years, driven by Permian Basin expansion. Despite underperformance and a lower dividend yield versus peers, Targa's strong cash flow and buybacks support shareholder returns and future dividend growth. Ongoing export growth, a robust capital program, and improved balance sheet position, Targa for continued volume and earnings expansion.
HOUSTON, June 04, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.900% Senior Notes due 2030 and $750 million aggregate principal amount of its 5.650% Senior Notes due 2036 at a price to the public of 99.870% and 99.700% of their face value, respectively. The Offering is expected to close on June 18, 2025, subject to the satisfaction of customary closing conditions.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, SUN and GLP.
TRGP's first-quarter adjusted EBITDA totals $1.2 billion, up from $966.2 million in the prior-year period.
The headline numbers for Targa Resources (TRGP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Targa Resources, Inc. (TRGP) have what it takes?