Targa Resources (<a>NYSE:TRGP</a>) Second Quarter 2025 Results\n\nKey Financial Results\n- Revenue: US$4.26b (up 20% from 2Q 2024).\n- Net income: US$629.1m (up 112% from 2Q 2024).\n- Profit margin: 15% (up from 8.3% in 2Q 2024). The increase in margin was driven by higher revenue.\n- EPS: US$2.89 (up from US$1.34 in 2Q 2024).\n\nTarga Resources EPS Beats Expectations, Revenues Fall Short\n- Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 55%.\n- Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Oil and Gas industry in the US.\n- The company's shares are up 1.3% from a week ago.\n\nRisk Analysis\n- Don't forget that there may still be risks. For instance, we've identified <a>2 warning signs for Targa Resources</a> that you should be aware of.\n\nThis article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Targa Resources Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag

Targa Resources reported stronger earnings per share in its second quarter of 2025, with EPS rising to $2.89 compared to $1.34 in the previous year's quarter, exceeding analyst expectations by 55%. Revenue reached $4.26 billion, up 20% year-over-year, but missed analyst estimates by 13%. The company's profit margin improved to 15% from 8.3% in 2024, driven by higher revenue. Looking ahead, Targa Resources forecasts 8.3% annual revenue growth over the next three years, outpacing the U.S. Oil and Gas industry's projected 3.7% growth. The company's shares rose 1.3% from the previous week. The article notes potential risks and highlights two warning signs for the company, emphasizing that the analysis is based on historical data and does not constitute financial advice.