Welcome to our dedicated page for Targa Res news (Ticker: TRGP), a resource for investors and traders seeking the latest updates and insights on Targa Res stock.
Targa Resources Corp. (NYSE: TRGP) is a midstream energy company focused on natural gas, NGL and crude oil infrastructure, and its news flow reflects this operational and financial profile. The company describes itself as one of the largest independent infrastructure companies in North America and a provider of midstream services that are critical to the delivery of energy across the United States and to international markets.
News about Targa commonly covers its financial results, including quarterly earnings releases where the company reports net income, adjusted EBITDA, adjusted cash flow from operations and adjusted free cash flow. These updates often highlight trends in Permian natural gas inlet volumes, NGL transportation volumes, fractionation volumes and marketing margins, along with commentary on operating expenses, capital expenditures and liquidity.
Targa’s announcements also feature major growth projects and infrastructure expansions. Recent news has described new gas processing plants in the Permian Midland and Permian Delaware areas, expansions of NGL and natural gas pipelines, fractionation capacity additions in Mont Belvieu, Texas, and projects such as the Speedway NGL Pipeline, Buffalo Run and the proposed Forza interstate natural gas pipeline. These items provide insight into how the company is expanding its gathering, processing and logistics footprint.
Investors following TRGP news will also see coverage of capital markets activity, such as senior notes offerings, the use of proceeds to redeem existing notes and repay borrowings, and updates on share repurchase programs and common dividends. Transaction announcements, including the acquisition of Stakeholder Midstream, LLC, add another layer of information about how Targa is deploying capital to grow its midstream platform.
By monitoring this news stream, readers can track Targa’s operational performance, project pipeline, financing decisions and corporate actions that shape the company’s midstream energy strategy.
Targa Resources Corp (NYSE: TRGP) said its board raised the quarterly cash dividend to $1.25 per share (annualized $5.00), a 25% increase versus Q1 2025. The dividend is payable May 15, 2026 to holders of record April 30, 2026.
The company will report Q1 2026 results before markets open on May 7, 2026 and host an 11:00 a.m. ET webcast with replay available.
Targa Resources (NYSE: TRGP) priced a $1.5 billion offering of senior notes: $750 million 4.350% due 2031 and $750 million 6.050% due 2056, sold at 99.812% and 99.975% of face, respectively.
The offering is expected to close on March 2, 2026. The company said net proceeds will be used for general corporate purposes, including repaying commercial paper and other indebtedness, repurchasing or redeeming securities, funding capital expenditures, working capital, or subsidiary investments.
Targa Resources (NYSE: TRGP) filed its Form 10-K with the SEC for the year ended December 31, 2025. The report is available on www.sec.gov, the company's Investors site, and can be requested in hard copy free of charge from investor relations.
Investors can access filings at https://www.targaresources.com/investors/financial-information/sec-filings or request a mailed copy via the company's investor relations email or phone.
Targa Resources (NYSE: TRGP) reported record fourth-quarter and full-year 2025 results, with 2025 adjusted EBITDA of $4.96 billion (up 20% YoY) and net income attributable of $1.923 billion (up 47% YoY). Management guided 2026 adjusted EBITDA of $5.4–5.6 billion (midpoint +11%) and plans a recommended $5.00 annual dividend per share (25% increase).
Key actions: $642 million of common share repurchases in 2025, $1.25 billion acquisition of Stakeholder, announced new Permian plants and Mont Belvieu Train 13, and estimated 2026 net growth capital of ~$4.5 billion.
Targa Resources Corp (NYSE: TRGP) declared a quarterly cash dividend of $1.00 per common share for Q4 2025 ($4.00 annualized), payable Feb 13, 2026, to holders of record as of the close of business on Jan 30, 2026. The company said it intends to recommend a common dividend increase to $1.25 per share for Q1 2026 ($5.00 annualized), subject to Board approval and payable in May 2026 if approved. Targa will report Q4 2025 results before market open on Feb 19, 2026 and host a live webcast at 10:00 a.m. CT, with a replay and updated investor materials available online.
Targa Resources (NYSE: TRGP) announced it has completed its acquisition of Stakeholder Midstream for $1.25 billion in cash, with an effective date of January 1, 2026. The transaction is closed and the acquired assets are described as complementary domestic infrastructure that connect natural gas and NGLs to domestic and international markets.
Targa is identified as a leading midstream provider and is included in the S&P 500 and is a FORTUNE 500 company.
Targa Resources (NYSE: TRGP) will acquire Stakeholder Midstream for $1.25 billion in cash, expanding its Permian Basin gathering & processing footprint.
The assets include ~480 miles of gas pipelines, ~180 MMcf/d cryogenic processing and sour treating capacity, carbon capture activities generating 45Q tax credits, and a small crude gathering system across ~170,000 dedicated acres. The purchase price represents ~6x estimated 2026 unlevered adjusted free cash flow; Stakeholder is expected to generate ~$200 million of annual unlevered adjusted free cash flow with minimal capital needs.
The deal is expected to close in Q1 2026, funded from cash on hand and the existing $3.5 billion revolver; pro forma leverage is expected to remain within Targa’s 3.0–4.0x target range.
Targa Resources (NYSE: TRGP) priced an underwritten public offering totaling $1.75 billion consisting of $750 million of 4.350% senior notes due 2029 and $1.0 billion of 5.400% senior notes due 2036, sold at 99.938% and 99.920% of face value, respectively.
The Offering is expected to close on November 12, 2025, subject to customary closing conditions. A portion of net proceeds will be used to redeem the 6.875% senior notes due 2029; remaining proceeds will fund general corporate purposes, including repayment of commercial paper, other indebtedness, share repurchases/redemptions, capital expenditures, working capital, or subsidiary investments.
Targa Resources (NYSE: TRGP) reported record third quarter 2025 results with adjusted EBITDA of $1,274.8 million (up 19% year‑over‑year) and net income attributable of $478.4 million (up 23% year‑over‑year). The company repurchased ~$156 million of stock in Q3 and ~$605 million year‑to‑date, with ~$1.41 billion remaining under repurchase programs.
Targa expects full‑year 2025 adjusted EBITDA near the top end of its $4.65–$4.85 billion range, net growth capex of ~$3.3 billion, and intends to recommend a $5.00 annualized common dividend in 2026 (25% increase). Key growth projects include new 275 MMcf/d plants, Bull Moose II now in service, multiple pipelines, and expected project onlines from 2027–2028. Consolidated liquidity was ~$2.3 billion and consolidated debt totaled ~$17.43 billion as of September 30, 2025.
Targa Resources Corp. (NYSE: TRGP) declared a $1.00 quarterly cash dividend ($4.00 annualized) for Q3 2025, payable November 17, 2025 to shareholders of record at the close of business on October 31, 2025.
The company will report third quarter 2025 financial results before market open on Wednesday, November 5, 2025 and will host a live webcast at 11:00 a.m. ET to discuss results. A webcast replay and updated investor presentations will be available on the investor website shortly after the event.
Targa is described as a leading midstream infrastructure company included in the S&P 500 and Fortune 500.