Targa Resources (TRGP) Reports Q3 Earnings: What Key Metrics Have to Say

Targa Resources reported Q3 2026 earnings with revenue of $5.6 billion, up 34.9% year-over-year, and EPS of $3.04 versus $2.20 in the prior year quarter. Both metrics exceeded Wall Street consensus estimates by approximately 9%, with the company demonstrating strong performance across gathering, processing, logistics, and marketing segments. The stock holds a Zacks Rank #2 (Buy) rating.