TRGP
Targa Resources Corp.
Overview
Targa Resources Corp is a Energy company operating in Oil & Gas Midstream with a $55.50B market cap.
Most recent reported earnings: Q2 FY2026 (Aug 5, 2026).
21 earnings calls indexed on Spoken Alpha.
Behavioral analysis
Management language signature
Disclosures
Investor Relations
Extracted from SEC 10-K filing, 2026-06-21.
Transcripts
Recent earnings calls
Most recent calls indexed for this ticker. Open any call to drill into prepared remarks and Q&A.
- Q1 FY2026Earnings2026-05-0718 Q&A exchanges
- Q4 FY2025Earnings2026-02-1925 Q&A exchanges
- Q3 FY2025Earnings2025-11-0524 Q&A exchanges
- Q2 FY2025Earnings2025-08-0717 Q&A exchanges
- Q1 FY2025Earnings2025-05-0120 Q&A exchanges
- Q4 FY2024Earnings2025-02-2029 Q&A exchanges
- Q3 FY2024Earnings2024-11-0522 Q&A exchanges
- Q2 FY2024Earnings2024-08-0131 Q&A exchanges
- Q1 FY2024Earnings2024-05-0219 Q&A exchanges
- Q4 FY2023Earnings2024-02-1531 Q&A exchanges
- Q3 FY2023Earnings2023-11-0235 Q&A exchanges
- Q2 FY2023Earnings2023-08-0322 Q&A exchanges
- Q1 FY2023Earnings2023-05-0418 Q&A exchanges
- Q4 FY2022Earnings2023-02-2232 Q&A exchanges
- Q3 FY2022Earnings2022-11-0333 Q&A exchanges
- Q2 FY2022Earnings2022-08-0422 Q&A exchanges
- Q1 FY2022Earnings2022-05-0529 Q&A exchanges
- Q4 FY2021Earnings2022-02-2430 Q&A exchanges
- Q3 FY2021Earnings2021-11-0434 Q&A exchanges
- Q2 FY2021Earnings2021-08-0529 Q&A exchanges
- Q1 FY2021Earnings2021-05-0635 Q&A exchanges
History
Earnings history
- Q2 FY20262026-08-05EPS— vs $2.59—Rev— vs ——EODHD
- Q1 FY20262026-04-29EPS$2.76 vs $2.42+13.9%Rev$4.09B vs ——EODHD
- Q4 FY20252026-02-18EPS$2.69 vs $2.32+15.8%Rev$4.06B vs ——EODHD
- Q3 FY20252025-11-04EPS$2.13 vs $2.11+0.9%Rev$4.20B vs ——EODHD
- Q2 FY20252025-08-06EPS$1.90 vs $1.88+1.1%Rev$4.03B vs ——EODHD
- Q1 FY20252025-04-29EPS$1.89 vs $2.05-8.0%Rev$4.85B vs ——EODHD
- Q4 FY20242025-02-12EPS$1.82 vs $1.83-0.7%Rev$4.41B vs ——EODHD
- Q3 FY20242024-11-04EPS$1.74 vs $1.55+12.3%Rev$3.89B vs ——EODHD
- Q2 FY20242024-07-31EPS$1.33 vs $1.27+4.7%Rev$3.62B vs ——EODHD
- Q1 FY20242024-05-01EPS$1.22 vs $1.30-6.2%Rev$4.56B vs ——EODHD
- Q4 FY20232024-02-14EPS$1.26 vs $1.46-13.7%Rev$4.23B vs ——EODHD
- Q3 FY20232023-11-01EPS$0.97 vs $1.20-19.2%Rev$3.88B vs ——EODHD
- Q2 FY20232023-08-02EPS$1.44 vs $1.24+16.1%Rev$3.21B vs ——EODHD
- Q1 FY20232023-05-03EPS$0.03 vs $1.40-97.9%Rev$4.30B vs ——EODHD
- Q4 FY20222023-02-21EPS$1.38 vs $1.380.0%Rev$4.55B vs ——EODHD
- Q3 FY20222022-11-02EPS$0.84 vs $1.20-30.0%Rev$5.36B vs ——EODHD
- Q2 FY20222022-08-03EPS$1.61 vs $1.22+32.0%Rev$6.23B vs ——EODHD
- Q1 FY20222022-05-04EPS$0.06 vs $0.86-93.0%Rev$4.96B vs ——EODHD
- Q4 FY20212022-02-23EPS$0.51 vs $0.66-22.7%Rev$5.44B vs ——EODHD
- Q3 FY20212021-11-03EPS$0.66 vs $0.53+24.5%Rev$4.54B vs ——EODHD
| Period | Reported | EPS actual | EPS consensus | EPS surprise | Revenue actual | Revenue consensus | Rev. surprise | Source |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 2026-08-05 | — | $2.59 | — | — | — | — | EODHD |
| Q1 FY2026 | 2026-04-29 | $2.76 | $2.42 | +13.9% | $4.09B | — | — | EODHD |
| Q4 FY2025 | 2026-02-18 | $2.69 | $2.32 | +15.8% | $4.06B | — | — | EODHD |
| Q3 FY2025 | 2025-11-04 | $2.13 | $2.11 | +0.9% | $4.20B | — | — | EODHD |
| Q2 FY2025 | 2025-08-06 | $1.90 | $1.88 | +1.1% | $4.03B | — | — | EODHD |
| Q1 FY2025 | 2025-04-29 | $1.89 | $2.05 | -8.0% | $4.85B | — | — | EODHD |
| Q4 FY2024 | 2025-02-12 | $1.82 | $1.83 | -0.7% | $4.41B | — | — | EODHD |
| Q3 FY2024 | 2024-11-04 | $1.74 | $1.55 | +12.3% | $3.89B | — | — | EODHD |
| Q2 FY2024 | 2024-07-31 | $1.33 | $1.27 | +4.7% | $3.62B | — | — | EODHD |
| Q1 FY2024 | 2024-05-01 | $1.22 | $1.30 | -6.2% | $4.56B | — | — | EODHD |
| Q4 FY2023 | 2024-02-14 | $1.26 | $1.46 | -13.7% | $4.23B | — | — | EODHD |
| Q3 FY2023 | 2023-11-01 | $0.97 | $1.20 | -19.2% | $3.88B | — | — | EODHD |
| Q2 FY2023 | 2023-08-02 | $1.44 | $1.24 | +16.1% | $3.21B | — | — | EODHD |
| Q1 FY2023 | 2023-05-03 | $0.03 | $1.40 | -97.9% | $4.30B | — | — | EODHD |
| Q4 FY2022 | 2023-02-21 | $1.38 | $1.38 | 0.0% | $4.55B | — | — | EODHD |
| Q3 FY2022 | 2022-11-02 | $0.84 | $1.20 | -30.0% | $5.36B | — | — | EODHD |
| Q2 FY2022 | 2022-08-03 | $1.61 | $1.22 | +32.0% | $6.23B | — | — | EODHD |
| Q1 FY2022 | 2022-05-04 | $0.06 | $0.86 | -93.0% | $4.96B | — | — | EODHD |
| Q4 FY2021 | 2022-02-23 | $0.51 | $0.66 | -22.7% | $5.44B | — | — | EODHD |
| Q3 FY2021 | 2021-11-03 | $0.66 | $0.53 | +24.5% | $4.54B | — | — | EODHD |
Source: EODHD. TRGP reported actuals as published; sparse fields render as —.
Track Record
SampleSpoken Alpha tracks TRGP's historical accountability: how often management beat consensus, how the stock reacted, and how guidance evolved across the cycle. The figures below are illustrative placeholder data generated for layout — they will be replaced with real deviation metrics, True Consensus values, and EODHD price reactions as those data layers land.
Beats consensus 10/10 quarters with 80% positive reaction rate
SampleConsistent execution against consensus with the stock following through is the cleanest signal a guidance regime is calibrated. Worth watching for the inflection where execution deteriorates relative to the bar.
Raised guidance 8 quarters in a row
SampleConsecutive raises tighten the bar quarter over quarter. Watch the most recent print for the magnitude of the beat — a smaller beat against a higher bar is the early signal that the regime is breaking.
Quarterly beats & misses
Sample| Quarter | Actual EPS | Consensus | Surprise | 1D | 5D |
|---|---|---|---|---|---|
| Q1 FY2026 | $4.09 | $3.48 | +17.4% | +7.6% | +8.7% |
| Q4 FY2026 | $4.41 | $3.76 | +17.2% | +9.8% | +11.7% |
| Q3 FY2026 | $4.55 | $3.73 | +22.1% | +8.5% | +7.5% |
| Q2 FY2026 | $4.28 | $3.53 | +21.2% | +4.4% | +5.1% |
| Q1 FY2025 | $4.34 | $3.61 | +20.3% | +1.9% | +4.0% |
| Q4 FY2025 | $4.55 | $3.61 | +26.1% | +4.8% | +2.2% |
| Q3 FY2025 | $4.44 | $3.70 | +19.9% | +8.7% | +6.3% |
| Q2 FY2025 | $4.66 | $3.88 | +20.2% | -1.1% | -0.4% |
| Q1 FY2024 | $4.47 | $3.64 | +22.7% | -0.4% | -1.0% |
| Q4 FY2024 | $4.42 | $3.86 | +14.5% | +4.3% | +1.5% |
Guidance change history
Sample- Q1 FY2026Raised2026-04-15
- Q4 FY2026Raised2026-13-15
- Q3 FY2026Raised2026-10-15
- Q2 FY2026Raised2026-07-15
- Q1 FY2025Raised2025-04-15
- Q4 FY2025Raised2025-13-15
- Q3 FY2025Raised2025-10-15
- Q2 FY2025Raised2025-07-15
Top executives
SampleSpoken Alpha builds an accountability record per executive — how the person's own guidance, language, and reactions have evolved across every call they've appeared on. The one-liners below are illustrative placeholder data pending the deviation v1 work. Click any name for the full role timeline and call appearance history.
- Matthew J MeloyCEO1 yr 1 mo21 callsCurrentSample
CEO since 2025 • 2/4 beats (50%) • last guidance raise Q3 FY2026
- William A ByersCFO5 mo7 callsCurrentSample
CFO since 2026 • 1/2 beats (50%) • last guidance raise Q3 FY2026
- Jennifer R KnealePresident5 mo8 callsCurrentSample
PRESIDENT since 2026 • 1/2 beats (50%) • last guidance cut Q2 FY2026
- Robert MuraroChief Commercial Officer5 mo16 callsCurrentSample
OTHER_C_SUITE since 2026 • 1/2 beats (50%) • last call held guidance Q2 FY2026
- Benjamin James BranstetterSee Remarks3 mono recorded callsCurrentSample
OTHER since 2026 • 2/2 beats (100%) • last call held guidance Q3 FY2026
- Patrick J McDonieSee Remarks5 mo17 callsCurrentSample
OTHER since 2026 • 1/2 beats (50%) • guidance suspended Q3 FY2026
Peers
Other companies in Energy
Sector peers tracked by Spoken Alpha. Each links to the same machine-readable IR surface — earnings calls, executives, and accountability scores.
API
For developers and AI agents
The same data on this page is available as a machine-readable feed via the Spoken Alpha API. One call returns the IR URL, recent transcripts, and accountability scores for TRGP.
$ curl https://api.spokenalpha.com/v1/companies/TRGPFAQ
Frequently asked about TRGP
Where can I find Targa Resources Corp.'s (TRGP) earnings call transcripts?
Spoken Alpha indexes TRGP's earnings call transcripts at https://spokenalpha.com/companies/TRGP. Each call links to attributed speakers and parsed analyst Q&A. Targa Resources Corp.'s own investor relations page is at https://www.targaresources.com/investors.
When was Targa Resources Corp.'s most recent earnings call?
Targa Resources Corp. (TRGP) held its most recent earnings call on 2026-05-07, covering fiscal Q1 2026.
What sector is TRGP in?
Targa Resources Corp. (TRGP) operates in the Energy sector (Oil & Gas Midstream industry).