TRGP · News · 20260804N

Guidance and Outlook

Targa Resources Corp. · 2026-08-04 · Importance 69 · Surprise 60

Targa raised its full-year 2026 adjusted EBITDA outlook to the top end of its $5.7 billion to $5.9 billion range. The increase was supported by strong marketing margins and volume growth during the second quarter. Management’s second-half outlook incorporates the possibility that marketing optimization benefits achieved in the first half will moderate. Strategic infrastructure expansion and continued Permian activity remain key operating priorities.

Key facts

• Wall Street analysts expect Targa Resources (TRGP) to report Q2 earnings of $2.71 per share, a 5.6% decrease year-over-year, with revenues projected at $4.95 billion, up 16.3%. source
• The consensus EPS estimate has seen a slight downward revision of 0.4% in the last 30 days. source