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Targa Resources Corp.

corporate_fare Company Profile

Targa Resources Corp.

TRGP·NYSE·Energy & Transportation·CIK 0001389170

Targa Resources Corp. is a publicly traded Delaware corporation formed in October 2005, operating as a leading provider of midstream services and one of the largest independent infrastructure companies in North America. The company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets. Targa's operations primarily involve gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. The company operates in two primary segments: Gathering and Processing, and Logistics and Transportation (also known as Downstream Business). The Gathering and Processing segment includes assets used for gathering and/or purchasing and selling natural gas from oil and gas wells, removing impurities, and processing raw natural gas into merchantable natural gas by extracting NGLs. This segment also includes assets for gathering and terminaling and/or purchasing and selling crude oil. These assets are located in the Permian Basin of West Texas and Southeast New Mexico (including the Midland, Central, and Delaware Basins); the Eagle Ford Shale in South Texas; the Barnett Shale in North Texas; the Anadarko, Ardmore, and Arkoma Basins in Oklahoma (including the SCOOP and STACK) and South Central Kansas; the Williston Basin in North Dakota (including the Bakken and Three Forks plays); and the onshore and near offshore regions of the Louisiana Gulf Coast.

Targa Resources Corp. (NYSE:TRGP) is a publicly traded company in the Energy & Transportation sector. Wiseek monitors TRGP SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Targa Resources Extends $800M Receivables Securitization Facility to July 2027, Adds $200M Uncommitted Line
  • Targa Resources Reports Strong Q1 Earnings, Hikes Dividend 25%, Details $1.25B Acquisition
  • Targa Resources Reports Record Q1 Results, Raises 2026 Adjusted EBITDA Outlook by 17%, and Boosts Dividend
  • Targa Resources Posts Record Q1 Earnings, Boosts 2026 Outlook & Hikes Dividend 25%
  • Targa Resources Boosts Quarterly Dividend to $1.25/Share, Signals Confidence

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$17.03B
Net Income
$1.92B
Diluted EPS
$8.49
Op. Cash Flow
$3.92B
Free Cash Flow
$584.1M
Gross Profit
$6.52B
Operating Income
$3.33B
Cash & Equivalents
$166.1M
Total Debt
$17.43B
Debt / Equity
5.68×
Net Margin
11.3%
Shares Outstanding
214.66M sh
Source: 10-K · filed 2026-02-19 · accession 0001193125-26-059296

Dilution Risk

Low risk

Filing-implied dilution signals for TRGP, detected from its recent SEC filings · based on capital-structure filings through 2026-02-26.

1 recent capital raise

Senior Unsecured Notes Offering · Use of Proceeds

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$267.64
52-week range · as of 2026-07-06 $144.14 – $280
Market cap
$57.45B
Volume
1.3M (1.0× avg)
3-mo avg 1.3M
Live data · 2026-07-28 06:41 UTC · Market overnight

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feed TRGP - Latest Insights

TRGP
Jul 06, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $263.52
Real-time Price: $267.64 info
Change: +$4.12 (+2%) info
Market Cap: $57.447B info
TRGP
May 07, 2026, 3:36 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $252.80
Real-time Price: $267.64 info
Change: +$14.84 (+6%) info
Market Cap: $57.447B info
TRGP
May 07, 2026, 6:15 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $251.99
Real-time Price: $267.64 info
Change: +$15.65 (+6%) info
Market Cap: $57.447B info
TRGP
May 07, 2026, 6:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $251.99
Real-time Price: $267.64 info
Change: +$15.65 (+6%) info
Market Cap: $57.447B info
TRGP
Apr 16, 2026, 5:57 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $239.81
Real-time Price: $267.64 info
Change: +$27.83 (+12%) info
Market Cap: $57.447B info
TRGP
Mar 26, 2026, 4:15 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $250.50
Real-time Price: $267.64 info
Change: +$17.14 (+7%) info
Market Cap: $57.447B info
TRGP
Mar 02, 2026, 4:33 PM EST
Source: Wiseek News
Importance Score:
7
Price at Filing: $238.60
Real-time Price: $267.64 info
Change: +$29.04 (+12%) info
Market Cap: $57.447B info
TRGP
Feb 26, 2026, 4:27 PM EST
Filing Type: 424B5
Importance Score:
8
Price at Filing: $231.22
Real-time Price: $267.64 info
Change: +$36.42 (+16%) info
Market Cap: $57.447B info
TRGP
Feb 25, 2026, 4:49 PM EST
Filing Type: FWP
Importance Score:
8
Price at Filing: $230.14
Real-time Price: $267.64 info
Change: +$37.50 (+16%) info
Market Cap: $57.447B info
TRGP
Feb 19, 2026, 3:53 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $224.22
Real-time Price: $267.64 info
Change: +$43.42 (+19%) info
Market Cap: $57.447B info
TRGP
Feb 19, 2026, 6:15 AM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $226.50
Real-time Price: $267.64 info
Change: +$41.14 (+18%) info
Market Cap: $57.447B info