Cameco vs Targa Resources

This page compares Cameco Corporation and Targa Resources Corp., examining their business models, financial performance, and market context in clear, accessible terms. It provides an objective overview to help readers understand the similarities and differences between the two companies. Educational content, not financial advice.

This page compares Cameco Corporation and Targa Resources Corp., examining their business models, financial performance, and market context in clear, accessible terms. It provides an objective overvie...

Comparison Snapshot

Key Financial Metrics

CCJ

Metric

TRGP

$38.71B

Market Cap

$41.33B

3.61%

Potential Profit

7.19%

Buy

Analyst Rating

Buy

Why It's Moving

Cameco surges as uranium powerhouse rides nuclear revival wave with blockbuster earnings growth ahead.

Analysts project adjusted earnings to double in FY25 and grow 55% in 2026, driven by high-grade mines like Cigar Lake and McArthur River that outpace global competitors.
Zacks awards CCJ a #1 Strong Buy rank after recent upward revisions, with 2026 estimates 13% above consensus, underscoring its role in the nuclear-AI nexus.
49% stake in Westinghouse bolsters long-term upside, as U.S. ramps up AP1000 reactors with government backing, shielding Cameco from tariff risks via Canadian imports.

Sentiment:

🐃Bullish

Targa Resources Seals $1.25B Midstream Deal, Signals Dividend Boost Amid Expansion Push.

Closed $1.25B Stakeholder Midstream acquisition effective January 1, enhancing Targa's critical midstream network for growing cleaner fuel demand.
Board approved $1.00/share Q4 dividend payable February 13 to holders of record January 30, with plans to raise it to $1.25/share quarterly starting Q1.
President Jennifer Kneale net acquired shares in January via zero-cost transactions, disposing some at $185.35 after boosting holdings to over 264K shares.

Sentiment:

🐃Bullish

Cameco surges as uranium powerhouse rides nuclear revival wave with blockbuster earnings growth ahead.

Analysts project adjusted earnings to double in FY25 and grow 55% in 2026, driven by high-grade mines like Cigar Lake and McArthur River that outpace global competitors.
Zacks awards CCJ a #1 Strong Buy rank after recent upward revisions, with 2026 estimates 13% above consensus, underscoring its role in the nuclear-AI nexus.
49% stake in Westinghouse bolsters long-term upside, as U.S. ramps up AP1000 reactors with government backing, shielding Cameco from tariff risks via Canadian imports.

Sentiment:

🐃Bullish

Targa Resources Seals $1.25B Midstream Deal, Signals Dividend Boost Amid Expansion Push.

Closed $1.25B Stakeholder Midstream acquisition effective January 1, enhancing Targa's critical midstream network for growing cleaner fuel demand.
Board approved $1.00/share Q4 dividend payable February 13 to holders of record January 30, with plans to raise it to $1.25/share quarterly starting Q1.
President Jennifer Kneale net acquired shares in January via zero-cost transactions, disposing some at $185.35 after boosting holdings to over 264K shares.

Sentiment:

🐃Bullish

Investment Analysis

Cameco

CCJ

Pros

Cameco benefits from a diversified portfolio of long-term uranium supply contracts, providing revenue stability and downside protection during periods of low spot prices.
The company maintains multiple curtailed operations that could resume production if uranium prices rise, offering significant operational leverage to commodity cycles.
Cameco is increasing its annual dividend and has committed to further growth through 2026, enhancing income appeal for shareholders.

Considerations

Recent quarterly earnings fell notably short of analyst expectations, reflecting challenges in profitability despite higher revenues.
Cameco’s adjusted EBITDA has recently underperformed consensus estimates, partly due to lower sales volumes in key segments.
Valuation metrics suggest the stock may already reflect much of its growth potential, with several analyses indicating it is not currently undervalued.

Targa Resources

TRGP

Pros

Targa Resources operates a large, integrated midstream energy infrastructure network, providing critical services for natural gas and NGLs in key U.S. production basins.
The company has demonstrated strong cash flow generation, supporting ongoing capital returns to shareholders including dividends and share buybacks.
Targa’s asset footprint is well-positioned to benefit from sustained North American energy production growth and export demand.

Considerations

Targa’s business is highly exposed to hydrocarbon commodity price cycles, which can lead to volatility in earnings and cash flows.
Regulatory and environmental scrutiny around fossil fuel infrastructure could impact project approvals and operational costs.
The company’s leverage ratios remain elevated compared to some peers, exposing it to risks if interest rates rise or cash flows weaken.

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