Targa Resources Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]
Targa Resources, Inc. (TRGP)
US:NYSE Investor Relations:
ir.targaresources.com/trc/events.cfm
Company Research
Source: Yahoo! Finance
Profit margin: 10% (up from 5.6% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.77 (up from US$0.97 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 13%. Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Oil and Gas industry in the US. Performance of the American Oil and Gas industry. The company's shares are up 7.9% from a week ago. We should say that we've discovered 3 warning signs for Targa Resources that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecas
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TRGP
News
- Targa Resources Corp. (NYSE: TRGP) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $185.00 to $223.00. They now have a "buy" rating on the stock.MarketBeat
- Targa Resources Corp. (NYSE: TRGP) had its price target raised by analysts at Wells Fargo & Company from $190.00 to $204.00. They now have an "overweight" rating on the stock.MarketBeat
- Targa Resources Corp. (NYSE: TRGP) had its price target lowered by analysts at Truist Financial Co. from $225.00 to $220.00. They now have a "buy" rating on the stock.MarketBeat
- New Mexico seeks record $47.8M fine for excess air pollution by natural gas processor [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Mexico seeks record $47.8M fine for excess air pollution by natural gas processor [Yahoo! Finance Canada]Yahoo! Finance Canada
TRGP
Sec Filings
- 12/3/24 - Form 4
- 12/2/24 - Form 144
- 11/19/24 - Form 4
- TRGP's page on the SEC website