Targa Resources Corp (TRGP) has had a remarkable financial year in 2024, highlighted by the annual report. Financial performance records show significant growth in net profit and earnings per share, underpinned by strong growth in natural gas demand. Key measures attest to record-breaking financial results, with notable Q4 earnings that exceeded expectations. Various influential entities such as Truist Financial Corp and Americana Partners have made significant share purchases, indicating market support for the corporation. The company's outlook for 2025 suggests continued growth, encapsulated by plans for a major 33% dividend hike and the rebuffing of a takeover offer from a larger rival. With a new president, Jennifer R. Kneale, to lead from March 2025, Targa is on a strong upward trajectory. However, bearish signals are indicated with insiders disposing off stock. The corporation continues to outperform the energy sector overall, with shares skyrocketing and recording an all-time high of $210.
Targa Resources Corp TRGP News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 22 Feb 2025 16:47:03 GMT -
Rating 9
- Innovation 8
- Rumor 4
