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
Industry: Oil & Gas Transportation Services

Last updated Today

Latest news about Targa Resources (Targa)

In short: Targa Resources achieved record financial growth, raised its dividend by 25%, and expanded its Permian footprint via a $1.25 billion deal.

Company announcements

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.

May 7 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%.

April 16 Targa

Targa declares 25% increase in quarterly dividend

The dividend rises to $1.25 per share, payable May 15, 2026. Q1 2026 earnings webcast is scheduled for May 7, 2026.

February 25 Targa

Targa Resources prices $1.5 billion senior notes offering

It comprises $750 million 4.350% notes due 2031 and $750 million 6.050% notes due 2056. Closing expected March 2, 2026. Proceeds for general corporate purposes.

Media coverage

July 29 MSN

ONEOK cut at Morgan Stanley on growth concerns, preferring Targa Resources

ONEOK (OKE) is downgraded Wednesday to Equal Weight from Overweight with a $103 price target, trimmed from $113, at Morgan Stanley, saying that while continuing...

June 18 Seeking Alpha

Targa Resources initiated Buy at Jefferies on best-in-class midstream growth

Targa Resources initiated at Buy at Jefferies, which cites "best-in-class" midstream growth and a footprint that spans the best acreages at the Permian Basin.

June 16 MarketWatch

Targa Resources Corp. stock underperforms Tuesday when compared to competitors

Shares of Targa Resources Corp. TRGP shed 1.01% to $259.68 Tuesday, on what proved to be an all-around mixed trading session for the stock market...

June 3 Yahoo Finance

Possible Bearish Signals With Targa Resources Insiders Disposing Stock

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