TRGP Earnings Date: Nov 5, 2026 (Estimated) — Targa Resources Corp.
NYSE · Energy · Oil & Gas Midstream
Updated
When is TRGP's next earnings date?
Targa Resources Corp. (TRGP) is expected to report Q3 2026 earnings on Thursday, November 5, 2026 at 6:00 AM ET (before market open); the date is an estimate and has not been confirmed by the company. The consensus estimate is EPS of $2.74 on revenue of $4.77B.
How did TRGP do in its last earnings report?
In its most recent report on Aug 6, 2026 (Q2 2026), Targa Resources Corp. posted EPS of $3.54 versus the $2.83 estimate, a beat of 29.7%. Revenue was $4.44B against a $4.90B estimate. The stock's 1-day post-earnings move was +3.1%.
How much does TRGP stock move after earnings?
TRGP beat EPS estimates in 5 of its last 8 reported quarters. Over the last 8 reports the stock moved an average of 2.7% (up or down) in the day after earnings.
About Targa Resources Corp.
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
Earnings History
| Date | Period | EPS Est. | EPS Act. | Surprise | Revenue | Result | 1D Δ | 1W Δ | 1M Δ |
|---|---|---|---|---|---|---|---|---|---|
| 2026-08-06 | Q2 2026 | 2.83 | 3.54 | +29.67% | $4.44B | ✅ Beat | +3.12% | +3.29% | +12.85% |
| 2026-05-07 | Q1 2026 | 2.56 | 2.21 | -13.67% | $4.09B | ❌ Miss | +1.18% | +5.52% | +5.85% |
| 2026-02-19 | Q4 2025 | 2.39 | 2.51 | +5.02% | $4.06B | ✅ Beat | -1.52% | +1.10% | +5.23% |
| 2025-11-05 | Q3 2025 | 2.23 | 2.20 | -1.35% | $4.15B | ❌ Miss | +5.25% | +12.07% | +16.47% |
| 2025-08-07 | Q2 2025 | 1.95 | 2.87 | +47.18% | $4.26B | ✅ Beat | +2.36% | +2.26% | -0.43% |
| 2025-02-20 | Q4 2024 | 1.83 | 1.44 | -21.31% | $4.41B | ❌ Miss | -2.65% | -5.57% | -5.12% |
| 2024-11-05 | Q3 2024 | 1.55 | 1.75 | +12.90% | $3.85B | ✅ Beat | +4.84% | +15.22% | +15.51% |
| 2024-08-01 | Q2 2024 | 1.24 | 1.33 | +7.26% | $3.56B | ✅ Beat | +0.60% | -1.51% | +8.13% |
Showing last 8 quarters.
Revenue by segment & region
By segment
Q2 FY26 · $4.81B total
| Segment | Share | Revenue | YoY | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 |
|---|---|---|---|---|---|---|---|
| Logistics And Transportation | 72.7% | $3.50B | +2.2% | $3.86B | $4.20B | $3.42B | $3.53B |
| Gathering And Processing | 27.3% | $1.31B | -24.9% | $1.91B | $2.19B | $1.75B | $1.87B |
By region
Q2 FY26 · $4.81B total
| Segment | Share | Revenue | YoY | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 |
|---|---|---|---|---|---|---|---|
| Logistics And Transportation | 72.7% | $3.50B | +2.2% | $3.86B | $4.20B | $3.42B | $3.53B |
| Gathering And Processing | 27.3% | $1.31B | -24.9% | $1.91B | $2.19B | $1.75B | $1.87B |
Source: company filings via FMP. YoY compares the same fiscal period a year earlier.