| TRGP |
Report |
Adjusted EPS (Q2 2026) |
BEAT |
pred ~$2.85 vs. cons $2.70 |
MEDIUM |
| TRGP |
Report |
Adjusted EBITDA (Q2 2026) |
BEAT |
pred ~$1.52B vs. cons $1.45B |
MEDIUM |
| TRGP |
Report |
Permian (Delaware/Midland) Gathering & Processing inlet volumes (Bcf/d) |
BEAT |
pred ~6.3 Bcf/d vs. cons ~6.1 Bcf/d |
MEDIUM |
| TRGP |
Guide |
FY2026 Adjusted EBITDA guidance |
BETTER |
guide ~$5.9-6.1B (midpoint ~$6.0B) vs. cons ~$5.85B (FY2026) |
MEDIUM |
| TRGP |
Guide |
LPG export loadings (Q2 2026, record quarter commentary) |
BETTER |
guide/actual ~record ~13.5M Bbl vs. cons ~12.8M Bbl (Q2 2026) |
MEDIUM |
| TRGP |
Guide |
FY2026 growth capex |
UNCHANGED |
guide ~$4.5B vs. cons ~$4.5B (FY2026) |
HIGH |
| TRGP |
Guide |
Leverage (Net Debt/EBITDA, Q2-end) |
BETTER |
pred ~3.4x vs. cons/prior guide ~3.6x (Q2 2026) |
LOW |
| TRGP |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.2% |
— |
MEDIUM |
| TRGP |
Return |
5-day cumulative residual |
+0.3% (STABILIZE) |
A likely beat-and-raise (3rd straight EBITDA guide up, record LPG loadings, Permian volume inflection) should support an initial positive idiosyncratic pop, but with the stock already up ~39% YTD and near-record sell-side targets (mean ~$295, MS at $333) much of the good news is priced in, so estimate revisions get partially offset by valuation-driven profit-taking; absent a fresh multi-year EBITDA re-rate or major M&A/contract news, gains tend to stabilize rather than extend, while downside risk from lingering Waha-driven shut-ins caps a fade scenario too. |
LOW |