TR

Targa Resources Inc.

TRGP · Targa Resources Inc. · Energy

Up next day
4/12
33%
Fell despite growth
6/12
Good earnings ignored
Avg earnings move
±2.7%
typical swing on earnings
Price when beating
+0.5%
avg over 9 beats
Biggest single move
+4.9%
'24.9 · largest reaction

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 4 of 9 beats (44%)
Reaction is erratic and hard to predict
Avg +0.5% on a beat, -1.6% on a miss
vs Energy sector avg (49 peers)
This
0.0%
Sector
+0.2%
Avg next-day reaction

Earnings number vs guidance — which drives it?

How often the beat/miss matched the actual price move

The number and guidance move the price about equally
Moved opposite to results 5 of last 12 times (42%)
5xBeat but fell
Even a beat sells off if guidance disappoints
0xMissed but rose
Even a miss rebounds if guidance reassures

Earnings timeline · tap a bar for that quarter

Nov 5Before open
'26.9 expectedEst. EPS $2.82
Quarter ended 6/2026
Reported 2026-08-06
Next-day move
-4.2%
After 5 days -0.5%
vs Consensus$2.84$3.25+14.3% beat
Beat by +14.3% but stock -4.2%
EPS
$3.25
YoY +61%
Revenue
$4.4B
YoY +4%
Next-Q guidance
N/A
Price around earnings
Fell despite growthvs market -4.8%p2.3x normal — unusual drop

Earnings trend · last 12 quarters

EPS$3.25YoY +61%
'23.9'26.6
Revenue$4.4BYoY +4%
'23.9'26.6

Price vs earnings · last 12 quarters

UpDown
Bad news out
weak · up ↑
1x8%
Met expectations
good · up ↑
3x25%
Disappointment
weak · down ↓
1x8%
Good earnings ignored
good · down ↓
7x58%
← Weak earningsStrong earnings →

Even on good earnings, the price often fell — earnings poorly reflected · 7 of 12q (58%)

Community · TRGP

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