Houston, Texas-based Targa Resources Corp. (TRGP) owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets. Valued at a market cap of $37.1 billion, the company primarily generates revenue from gathering, compressing, treating, processing, transporting, and selling natural gas and natural gas liquids (NGLs). It is expected to announce its fiscal Q2 earnings for 2025 before the market opens on Thursday, Aug. 7.
Ahead of this event, analysts expect this energy company to report a profit of $1.93 per share, up 45.1% from $1.33 per share in the year-ago quarter. The company has topped Wall Street’s earnings estimates in two of the last four quarters, while missing on two other occasions. In Q1, TRGP’s EPS of $0.91 fell short of the forecasted figure by 55.4%.
