Targa Resources Corp. Announces Form 10-K Available
Rhea-AI Summary
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
Market Reality Check
Peers on Argus
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
| 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. |
Recent fundamentally positive announcements often saw mixed reactions, with both aligned gains and divergences where shares traded lower on strong news.
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 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 regulatory
securities and exchange commission regulatory
sec filings regulatory
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