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
2,500–5,000

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Latest news about Targa Resources (Targa)

In short: Targa achieved record profits on high Permian volumes, raised its dividend by 25%, and signed 20-year gas plant deals with ExxonMobil.

Company announcements

Targa

Targa Resources reports record Q1 2026 financial results

Adjusted EBITDA reaches $1.4 billion, up 19% YoY. Increases 2026 outlook to $5.7-5.9 billion. Completes new plants and announces more projects. Raises dividend 25%.

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Media coverage

Seeking Alpha

Targa expects 2026 adjusted EBITDA toward top end of $5.7B-$5.9B range as Permian volumes rise 450 MMcf/d vs. Q1

Q2 2026 earnings call: record Permian volumes, EBITDA up 38%, guidance near high end, and 2027 catalysts—read now.

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