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Stock impact report

Targa Resources (TRGP) Jumps Following Q3 Report [Yahoo! Finance]

Targa Resources, Inc. (TRGP) 
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
Company Research Source: Yahoo! Finance
Targa Resources (TRGP) Jumps Following Q3 Report Targa Resources Corp. (NYSE:TRGP) is a leading provider of midstream services and one of the largest independent infrastructure companies in North America. Targa Resources Corp. (NYSE:TRGP) shot up after it topped forecasts in its third-quarter results on November 5. The company posted record adjusted EBITDA of $1.3 billion for Q3, a 19% increase YoY and up 10% sequentially, as production from the prolific Permian basin hit fresh highs. TRGP now expects its FY 2025 adjusted EBITDA to be at the top end of the $4.65 billion to $4.85 billion range. Targa Resources Corp. (NYSE:TRGP) also remains committed to its shareholders and revealed that its management intends to recommend a dividend increase to $5 per share annualized for the first quarter of 2026, a 25% rise from its current annualized payout of $3.75 per share. Targa Resources Corp. (NYSE:TRGP) also received a boost on November 6 when BMO Capital analyst Ameet Thakkar raise Show less Read more
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