Targa Resources Declares $1.00 Quarterly Dividend for Q4 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Should l Buy TRGP?
Source: Globenewswire
- Quarterly Dividend Announcement: Targa Resources has declared a cash dividend of $1.00 per common share for Q4 2025, with an annualized dividend of $4.00, reflecting the company's strong cash flow and commitment to shareholder returns.
- Future Dividend Plans: The company intends to recommend an increase to $1.25 per share for Q1 2026, which would annualize to $5.00, potentially boosting investor confidence if approved by the board.
- Earnings Release Schedule: Targa will report its Q4 2025 financial results before the market opens on February 19, 2026, and will host a live webcast at 10:00 AM Central Time, ensuring transparency in its financial disclosures.
- Company Background: As one of the largest independent infrastructure companies in North America, Targa ensures the efficient, safe, and reliable delivery of energy through its diversified portfolio of assets, further solidifying its leadership position in the market.
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Analyst Views on TRGP
Wall Street analysts forecast TRGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRGP is 208.09 USD with a low forecast of 188.00 USD and a high forecast of 261.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 205.550
Low
188.00
Averages
208.09
High
261.00
Current: 205.550
Low
188.00
Averages
208.09
High
261.00
About TRGP
Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Future Dividend Plans: The company intends to recommend an increase to $1.25 per share for Q1 2026, which would annualize to $5.00, potentially boosting investor confidence if approved by the board.
- Earnings Release Schedule: Targa will report its Q4 2025 financial results before the market opens on February 19, 2026, and will host a live webcast at 10:00 AM Central Time, ensuring transparency in its financial disclosures.
- Company Background: As one of the largest independent infrastructure companies in North America, Targa ensures the efficient, safe, and reliable delivery of energy through its diversified portfolio of assets, further solidifying its leadership position in the market.
See More
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- Surge in Natural Gas Demand: The massive snowstorm has led to a significant rise in natural gas demand, drawing attention to midstream companies like Targa Resources, whose stock is nearing all-time highs, reflecting market interest in energy infrastructure.
- Strong Performance by Targa Resources: Targa Resources reported a record adjusted EBITDA of $1.27 billion for Q3 2025, a 19% year-over-year increase, with net income reaching $478.4 million, showcasing robust growth in the natural gas transmission sector.
- Devon Energy Merger Talks: Devon Energy achieved an oil production average of 390,000 barrels per day in Q3 2025 and is in discussions to merge with Coterra Energy, potentially creating a $57 billion independent U.S. shale producer, indicating a trend towards industry consolidation.
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See More
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- Share Increase: Cushing Asset Management significantly increased its stake in Kinetik Holdings by purchasing 855,000 shares, bringing its total holdings to 1.8 million shares, reflecting confidence in the company's future performance.
- AUM Impact: This acquisition raises Kinetik Holdings' representation to 3.8% of Cushing's assets under management, indicating its significant position within the fund's investment portfolio.
- Price Volatility: Despite Kinetik's stock price declining by 35.5% over the past year, the company recently raised its quarterly dividend by 4% to $0.81, demonstrating a positive cash flow performance even in challenging conditions.
- Market Comparison: Kinetik's 8.1% dividend yield is substantially higher than the S&P 500's 1.1%, which may attract more investors seeking stable income from the stock.
See More
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- Natural Gas Price Surge: Natural gas prices have jumped 70% in less than two weeks, reaching record highs, which has driven Excelerate Energy (EE) stock up 28% this month, reflecting strong market demand and renewed investor confidence in natural gas supply.
- Production Loss Estimates: Natural gas production is projected to decrease by 10 to 80 billion cubic feet, similar to the 30 billion cubic feet loss caused by Winter Storm Uri in 2021, potentially leading to supply tightness and impacting price volatility in the market.
- Utility Challenges: Heavy snow and freezing rain could lead to widespread power outages for utilities like Exelon (EXC) and NRG Energy (NRG), with analysts projecting a 42% upside for NRG's stock price, indicating confidence in its recovery capabilities amid adverse weather conditions.
- Infrastructure Investment Opportunities: As concerns over grid reliability increase, companies like Quanta Power Services (PWR) may benefit from power line repairs and infrastructure investments, with analysts expecting this to drive long-term investment growth in the energy sector.
See More
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- Sector Impact Analysis: While the industrials sector was the only detractor, the overall strong performance reflects the fund's successful stock selection strategy.
- New Investment Positioning: The fund added Target Resources (TRGP) in Q4, a company controlling 90% of the fractionation capacity in the world's largest NGL hub, Mont Belvieu, indicating a bullish outlook on the midstream natural gas market.
- Asset Adjustment Strategy: The fund announced final sales of Charter Communications Cl A (CHTR), GCI Liberty Cl C (GLIBK), and Liberty Broadband Cl C (LBRDK), highlighting its proactive approach to optimizing the investment portfolio.
See More
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- Quarterly Dividend Declaration: Targa Resources has declared a quarterly dividend of $1.00 per share, consistent with previous distributions, payable on February 13, 2026, indicating the company's stable cash flow and commitment to shareholder returns.
- Future Dividend Growth Plan: The company intends to recommend an increase in its common dividend to $1.25 per share for the first quarter of 2026, which would annualize to $5.00, reflecting confidence in future profitability if approved for payment in May 2026.
- Shareholder Record Date: The record date for this dividend is set for January 30, 2026, with an ex-dividend date also on January 30, ensuring existing shareholders benefit from the upcoming payment and bolstering investor confidence.
- Acquisition Context: Targa Resources is also planning to acquire Stakeholder Midstream, a gas gathering firm in the Permian Basin, for $1.25 billion, which will further enhance its competitive position and business expansion capabilities in the market.
See More
Targa Resources Declares $1.00 Quarterly Dividend for Q4 2025
- Quarterly Dividend Announcement: Targa Resources has declared a cash dividend of $1.00 per common share for Q4 2025, with an annualized dividend of $4.00, reflecting the company's strong cash flow and commitment to shareholder returns.
- Future Dividend Plans: The company intends to recommend an increase to $1.25 per share for Q1 2026, which would annualize to $5.00, potentially boosting investor confidence if approved by the board.
- Earnings Release Schedule: Targa will report its Q4 2025 financial results before the market opens on February 19, 2026, and will host a live webcast at 10:00 AM Central Time, ensuring transparency in its financial disclosures.
- Company Background: As one of the largest independent infrastructure companies in North America, Targa ensures the efficient, safe, and reliable delivery of energy through its diversified portfolio of assets, further solidifying its leadership position in the market.
See More
