Latest Targa Resources News & Updates

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Targa Resources (Targa)

Midstream energy infrastructure company

targaresources.com

Headquarters: Houston, United States
Founded year: 2005
Company type: Public company
Number of employees: 2,600–5,000
Industry: Integrated Oil & Gas

Last updated October 13

Latest news about Targa Resources (Targa)

In short: Targa posted record Q2 results, signed ExxonMobil deals, planned Permian plants and raised its dividend.

Company announcements

October 13 Targa

Targa announces quarterly dividend and third quarter earnings date

The board declared a $1.25 per share dividend for Q3 2026, payable November 17. Earnings will be reported on November 5 with a webcast at 11:00 AM ET.

August 17 Targa

Targa secures 20-year ExxonMobil agreements and announces new Permian plants

The company updates its 2026 capital estimate to $5 billion. Bull Run II pipeline support is included in the growth plans.

August 6 Targa

Targa Reports Record Second Quarter 2026 Financial Results

Second quarter adjusted EBITDA reaches $1.6 billion with record volumes in the Permian Basin. The company raises full-year EBITDA guidance towards $5.9 billion and declares a $5.00 annualized dividend.

July 16 Targa

Targa declares quarterly cash dividend and schedules earnings webcast

The $1.25 per share dividend is payable August 14, 2026, and the Q2 2026 earnings webcast will be held August 6, 2026.

Media coverage

October 7 Energy Now

Targa to Build Three Permian Gas Processing Plants, New Pipeline - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

(Reuters) - Pipeline operator Targa Resources said on Monday it would build three natural gas processing plants in the Permian Delaware Basin and a new...

September 29 ScanX

Targa Resources Q2 Results: Adjusted EBITDA rises 38% YoY to $1.603 billion

What specific regulatory or supply chain risks could delay the completion of the Speedway NGL expansion and LPG export capacity projects scheduled for Q3 2027?fuzz...

September 19 Yahoo Finance

Targa Resources (TRGP) Set a Record Quarter and Then Raised the Bar

On August 6, Targa Resources Corp. (NYSE:TRGP) reported a record second quarter. Adjusted EBITDA...

September 18 StreetInsider

TD Cowen Upgrades Targa Resources (TRGP) to Buy, 'Wet Gas Fuels Growth'

TD Cowen analyst Jason Gabelman upgraded Targa Resources (NYSE: TRGP) from Hold to Buy with a price target of $350.00 ...

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