Targa Resources Corp., based in Houston, Texas, is scheduled to announce its financial results for the fourth quarter of 2025 on Thursday, February 19, before the market opens. The company, which was founded in 2005, owns and operates infrastructure assets across North America.
Analysts anticipate the company will report a profit of $2.35 per share on a diluted basis for the quarter. This represents an increase of 63.2% compared to the $1.44 per share earned in the same period last year. In its previous four quarters, Targa Resources has exceeded Wall Street's earnings per share estimates only once, while falling short in the other three instances.
For the current fiscal year, analysts project earnings per share to reach $8.36, a 45.6% rise from the $5.74 reported in fiscal 2024. Looking ahead to fiscal 2026, earnings per share are expected to grow by approximately 19.1% year-over-year to $9.96.
Over the past 52 weeks, the company's stock has declined by 13%. This performance trails the S&P 500 Index, which gained 16.9%, and the State Street Energy Select Sector SPDR ETF, which returned 2.3% during the same timeframe.
On December 1, shares of Targa Resources experienced a slight increase following the announcement of a definitive agreement to acquire Stakeholder Midstream, LLC. The total transaction cost is $1.25 billion in cash. This acquisition will expand the company's operations in natural gas gathering, treating, and processing services, as well as crude gathering and storage services in the Permian Basin. The deal includes approximately 480 miles of natural gas pipelines.
Analysts covering the stock maintain a highly positive outlook. Overall, the stock carries a 'Strong Buy' rating. Among the 22 analysts providing coverage, 18 recommend a 'Strong Buy,' one suggests a 'Moderate Buy,' and three advise a 'Hold.' The average analyst price target for TRGP is $207.91, suggesting a potential 12.2% increase from current price levels.