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Targa Resources Corp. Announces Form 10-K Available

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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.

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Key Figures

Fiscal year end: December 31, 2025 Report access date: Feb 19, 2026 Investor relations phone: (713) 584-1133
3 metrics
Fiscal year end December 31, 2025 Year covered by the filed Form 10-K
Report access date Feb 19, 2026 Date Form 10-K filing was announced as available
Investor relations phone (713) 584-1133 Contact for requesting hard copies of the 10-K

Market Reality Check

Price: $227.62 Vol: Volume 2,403,817 vs 20-da...
high vol
$227.62 Last Close
Volume Volume 2,403,817 vs 20-day average 1,376,712 (relative volume 1.75x) ahead of this routine 10-K filing news. high
Technical Price $224.16 is trading above the 200-day MA of $172.05, near the 52-week high (3.74% below).

Peers on Argus

TRGP was down 2.95% while peers were mixed: OKE -0.83%, VG +4.32%, TRP +2.12%, L...

TRGP was down 2.95% while peers were mixed: OKE -0.83%, VG +4.32%, TRP +2.12%, LNG +0.60%, PBA +0.18%, suggesting stock-specific trading rather than a sector-wide move.

Historical Context

5 past events · Latest: Feb 19 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 19 Earnings results Positive -3.0% Record Q4 and 2025 results with raised 2026 EBITDA outlook and dividend plan.
Jan 15 Dividend update Positive +1.9% Q4 2025 dividend declaration and signaled increase to $1.25 quarterly in 2026.
Jan 06 Acquisition close Positive -1.9% Completion of $1.25 billion Stakeholder Midstream acquisition effective Jan 1, 2026.
Dec 01 Acquisition plan Positive +0.8% Announced $1.25 billion Stakeholder deal expanding Permian gathering footprint.
Nov 06 Debt offering Positive +1.3% Priced $1.75 billion of senior notes to refinance debt and fund corporate uses.
Pattern Detected

Recent fundamentally positive announcements often saw mixed reactions, with both aligned gains and divergences where shares traded lower on strong news.

Recent Company History

Over the last few months, Targa reported record 2025 results with adjusted EBITDA of $4.96 billion and guided higher for 2026, while also executing a $1.25 billion Stakeholder Midstream acquisition and a $1.75 billion senior notes offering. Dividend increases and share repurchases were highlighted in earlier updates. Today’s 10-K availability follows these already disclosed financials and strategic moves, mainly formalizing them in the annual report rather than introducing new catalysts.

Market Pulse Summary

This announcement simply notes that Targa’s Form 10-K for the year ended December 31, 2025 is now av...
Analysis

This announcement simply notes that Targa’s Form 10-K for the year ended December 31, 2025 is now available through the SEC and the company’s website. It formalizes previously reported record results, acquisitions, and capital plans rather than adding new strategic information. Investors tracking the story may focus on details within the 10-K—such as segment trends, leverage, and capital commitments—alongside recent earnings, acquisitions, and debt offerings when assessing ongoing risk and opportunity.

Key Terms

form 10-k, securities and exchange commission, sec filings
3 terms
form 10-k regulatory
"has filed its Form 10-K with the Securities and Exchange Commission (SEC)"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
securities and exchange commission regulatory
"filed its Form 10-K with the Securities and Exchange Commission (SEC)"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
sec filings regulatory
"financial-information/sec-filings. Hard copies of the report may be ordered"
SEC filings are formal documents companies must send to the U.S. Securities and Exchange Commission that disclose key financial results, operations, risks and insider transactions. Think of them as a company’s official report card and instruction manual combined: they provide investors reliable, standardized facts used to evaluate value, spot risks, and compare companies, so missing or misleading filings can materially affect investment decisions.

AI-generated analysis. Not financial advice.

HOUSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the year ended December 31, 2025. The report may be accessed at www.sec.gov.

The report is also available in the Investors section of the Company's website at www.targaresources.com, or by going directly to https://www.targaresources.com/investors/financial-information/sec-filings. Hard copies of the report may be ordered free of charge by contacting the Company's investor relations department by email at investorrelations@targaresources.com, or by phone at (713) 584-1133.

About Targa Resources Corp.

Targa Resources Corp. is a leading provider of midstream services and is 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 and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks.

Targa is a FORTUNE 500 company and is included in the S&P 500.

For more information, please visit the Company’s website at www.targaresources.com.

Forward-Looking Statements

Certain statements in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements, including statements regarding the Company’s projected financial performance, capital spending, payment of future dividends and stock repurchase activity. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company’s control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, actions taken by other countries with significant hydrocarbon production, weather, political, economic and market conditions, including a decline in the price and market demand for natural gas, natural gas liquids and crude oil, the timing and success of the Company’s completion of capital projects and business development efforts, the expected growth of volumes on the Company’s systems, the impact of significant public health crises, commodity price volatility due to ongoing or new global conflicts, changes in laws and regulations, particularly with regard to taxes, tariffs and international trade, and other uncertainties. These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Targa Investor Relations
InvestorRelations@targaresources.com
(713) 584-1133


FAQ

Where can I find Targa Resources' Form 10-K for the year ended December 31, 2025 (TRGP)?

The Form 10-K is available on www.sec.gov and the company's investor site. According to the company, filings are posted at their SEC filings page: https://www.targaresources.com/investors/financial-information/sec-filings for direct access.

How can investors request a hard copy of Targa Resources' 2025 Form 10-K (TRGP)?

Hard copies may be ordered free of charge from investor relations by email or phone. According to the company, request via investorrelations@targaresources.com or call (713) 584-1133 for mailed copies.

When was Targa Resources' Form 10-K for 2025 filed with the SEC (TRGP)?

Targa Resources filed its 2025 Form 10-K on February 19, 2026. According to the company, the filing covers the fiscal year ended December 31, 2025 and is now publicly accessible on SEC and company websites.

Does the Targa Resources 10-K for 2025 include contact details for investor inquiries (TRGP)?

Yes, the filing notice lists investor relations contact details for inquiries and document requests. According to the company, email is investorrelations@targaresources.com and phone is (713) 584-1133.

Can I access Targa Resources' SEC filings directly from the company's website (TRGP)?

Yes, SEC filings are accessible via the company's investor relations SEC filings page. According to the company, use https://www.targaresources.com/investors/financial-information/sec-filings to view the Form 10-K and other filings.

Is Targa Resources' 2025 Form 10-K available immediately to shareholders (TRGP)?

Yes, the company made the 2025 Form 10-K publicly available upon filing. According to the company, investors can view it on www.sec.gov or the company's investor site and request a free hard copy if needed.
Targa Res Corp

NYSE:TRGP

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TRGP Stock Data

48.86B
211.48M
Oil & Gas Midstream
Natural Gas Transmission
Link
United States
HOUSTON