Welcome to our dedicated page for Targa Res SEC filings (Ticker: TRGP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Targa Resources Corp. filings document the regulatory record of a NYSE-listed midstream energy company with gathering and processing and logistics and transportation operations. Its 8-K reports cover quarterly results, Regulation FD disclosures, non-GAAP measures such as adjusted EBITDA, adjusted cash flow from operations, adjusted free cash flow, and segment adjusted operating margin, together with reconciliations to GAAP measures.
The company’s filings also record capital-structure activity, including public senior note offerings, supplemental indentures, subsidiary guarantees, debt repayment uses, and general corporate funding purposes. Proxy materials address shareholder voting matters, board governance, executive compensation, equity awards, and other annual-meeting disclosures tied to Targa’s common stock.
Targa Resources Corp. reported the results of its 2026 Annual Meeting of Stockholders held on May 21, 2026. Stockholders elected four Class I directors—Paul W. Chung, Charles R. Crisp, Laura C. Fulton, and R. Keith Teague—to three-year terms expiring at the 2029 Annual Meeting.
All four director nominees received more votes for than against, with support ranging from about 161.6 million to 179.6 million votes for each nominee and broker non-votes over 12.0 million. This indicates solid backing for the current board slate.
Stockholders also ratified PricewaterhouseCoopers LLP as independent auditors for 2026 with 189,588,676 votes for, 7,795,387 against, and 62,452 abstentions. In addition, the advisory vote on named executive officer compensation was approved, receiving 176,432,347 votes for, 8,616,715 against, 337,011 abstentions, and 12,060,442 broker non-votes.
Targa Resources Corp. Chief Executive Officer Matthew J. Meloy reported a bona fide gift of 15,000 shares of Targa common stock. The transfer carried a reported price of $0.00 per share, reflecting a non-cash gift transaction rather than an open-market sale.
After this gift, Meloy directly holds 712,291 shares of Targa common stock, so the filing shows he retains a substantial equity position in the company. The Form 4 records a single gift transaction and no stock option exercises or open-market trades.
Wellington Management group filed an amended Schedule 13G reporting beneficial ownership of 15,043,474 shares of Targa Resources Corp. common stock, equal to 7.0% of the class as of 03/31/2026. The filing attributes shared voting power of 14,685,421 and shared dispositive power of 15,043,461 across related Wellington entities and states the shares are owned of record by clients of Wellington investment advisers.
Targa Resources Corp. director Charles R. Crisp sold 10,602 shares of common stock in an open-market transaction. The sale took place on May 12, 2026 at a weighted average price of $255.9647 per share. After this transaction, he directly owns 66,492 shares of Targa Resources common stock.
The reported price reflects multiple trades executed within a range from $255.65 to $256.30 per share, with the weighted average reported for this Form 4.
Targa Resources Corp. director Paul W. Chung reported a charitable-style transfer of company stock. He made a bona fide gift of 6,000 shares of common stock, recorded at a price of $0.00 per share. This was a disposition of shares, not an open-market sale.
After the gift, Chung directly holds 31,479 common shares. He also reports indirect holdings, including 45,816 shares held in an IRA and shares held by family trusts. The Paul Chung 2008 Family Trust holds 200,500 shares, and the Helen Chung 2007 Family Trust holds 232,827 shares, as referenced in the footnotes.
Morgan Stanley Smith Barney LLC filed a Form 144 reporting a proposed sale of Common Stock by Charles Crisp. The notice shows 1,359 shares of Common Stock were sold on 02/24/2026, generating $311,618.70 in proceeds. The securities are described as restricted stock vesting under a registered plan with an original date of 02/17/2016.
Targa Resources Corp. reported strong first-quarter 2026 results. Total revenues were $4.09 billion, down from $4.56 billion a year earlier, as commodity sales declined but fee-based midstream services grew.
Net income rose to $487.4 million from $279.8 million, and diluted EPS increased to $2.21 from $0.91, helped by lower product costs and higher operating margin. Cash from operating activities was $739.5 million, while heavy investing outflows of $2.16 billion reflected the $1.25 billion Stakeholder Midstream acquisition and large capital spending.
Total assets increased to $27.1 billion and long-term debt rose to $18.4 billion, including a March 2026 issuance of $1.5 billion of new senior notes. Targa continued returning capital, repurchasing $55.0 million of stock and raising its quarterly dividend from $1.00 to $1.25 per share.
Targa Resources Corp. reported record first quarter 2026 results with higher earnings and stronger guidance. Net income attributable to Targa rose to $480 million from $271 million a year earlier, while adjusted EBITDA increased 19% to $1.4 billion. Revenue declined 10% to $4.1 billion as lower commodity prices more than offset higher volumes.
The company raised its full-year 2026 adjusted EBITDA outlook to a range of $5.7 billion to $5.9 billion, about 17% growth year-over-year at the midpoint. Targa is investing heavily in new Permian processing plants, NGL fractionators, and pipeline expansions, and continues to estimate 2026 net growth capital expenditures of approximately $4.5 billion.
Targa increased its quarterly dividend to $1.25 per share, 25% above the prior-year quarter, and paid about $268 million in cash dividends. It also repurchased 227,801 shares for $55 million. Total consolidated debt was $19.1 billion at March 31, 2026, with liquidity of roughly $3.1 billion, including $3.0 billion available under its revolving credit facility.
Targa Resources Corp shares reported beneficially owned by Vanguard Capital Management. Vanguard Capital Management reports 16,208,859 shares of Common Stock, equal to 7.54% of the class as reported with a 03/31/2026 ownership date. The filing shows sole voting power for 2,258,506 shares and sole dispositive power for 16,208,859 shares.
The disclosure states these holdings reflect securities managed or held by affiliated Vanguard entities and includes shares held by Vanguard funds and managed accounts. The form is signed on 04/30/2026 by a Vanguard officer.
Targa Resources Corp reports a 5.54% passive stake held by Vanguard Portfolio Management. Vanguard Portfolio Management beneficially owns 11,907,152 shares of Common Stock and reports sole dispositive power over those shares while retaining only 55,763 shares of sole voting power. The filing states these holdings reflect positions held for Vanguard funds and managed clients.