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.

Targa Resources reported Q2 2025 earnings that exceeded forecasts, while Bitcoin surged following President Donald Trump's executive order allowing cryptocurrencies in 401(k) retirement accounts. Altcoins also saw significant gains, with Ether nearing its annual high.

Targa Resources Corp. reports Q2 2025 earnings with net income more than doubling, driven by record gas volumes. The company announces a $1 billion equity buyback plan, maintains its quarterly dividend, and receives updated price targets from major investment firms.

The article analyzes Targa Resources' (NYSE:TRGP) use of debt, highlighting its $15.9 billion debt level as of March 2025, a 3.9 times net debt to EBITDA ratio, and 3.5 times interest cover. It notes the company's 30% free cash flow conversion rate and warns of risks associated with its leverage, while acknowledging its 7.0% EBIT growth.

Targa Resources Corp. is a midstream energy company providing natural gas and natural gas liquids (NGLs) services, including gathering, processing, storage, and transportation. It operates through two segments: Gathering and Processing, and Logistics and Transportation. The company was founded in 2005 and is headquartered in Houston, TX.