Targa Resources Signals Robust Growth in Earnings Call

NodeGuardian · 2026-02-22T09:55:35+00:00

Targa Resources reported record earnings for 2025, driven by strong Permian growth and a robust project pipeline. Despite facing challenges, the company forecasts continued EBITDA growth and shareholder returns through strategic initiatives.

NodeGuardian

2026-02-22 09:55:35

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Targa Resources (TRGP) reported record 2025 earnings and strong Permian growth in its latest earnings call, projecting adjusted EBITDA to exceed $6 billion post-Speedway. Despite challenges like Waha volatility and high near-term capital expenditure, the company emphasized its robust project pipeline, largely fee-based cash flow, and strategic acquisitions to support long-term value creation. Management provided a constructive 2026 financial outlook, forecasting 11% EBITDA growth and continued shareholder returns.

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