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Stock impact report

Targa Resources (TRGP) Is Up 11.7% After Strong Q3 Earnings and Dividend Hike Plans – Has The Bull Case Changed? [Yahoo! Finance]

Targa Resources, Inc. (TRGP) 
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
Company Research Source: Yahoo! Finance
net income of US$478.4 million, alongside new buybacks and plans to recommend a significant dividend increase for 2026. These updates reflect strengthened cash flow and a shareholder-focused approach, highlighted by a completed share repurchase totaling over US$600 million since August 2024. We'll explore how Targa's robust earnings and planned dividend hike add momentum to the company's long-term investment narrative. We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year . See the full list for free. Targa Resources Investment Narrative Recap For investors considering Targa Resources, the core belief centers on ongoing growth in natural gas and NGL volumes from the Permian Basin, supported by robust export infrastructure and stable fee-based contracts. The latest results, highlighting increased revenue and net income alongside a planned dividend hike, may bolster confidence in near-term cash flow stability; however, these developments do no Show less Read more
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