Targa Resources Corp. Announces Quarterly Common Dividend and Timing of Second Quarter 2026 Earnings Webcast
Rhea-AI Summary
Targa Resources (NYSE: TRGP) announced that its board declared a second quarter 2026 quarterly cash dividend of $1.25 per common share, equivalent to $5.00 per share on an annualized basis. The dividend will be paid on August 14, 2026 to shareholders of record as of the close of business on July 31, 2026.
The company plans to release its second quarter 2026 financial results before the market opens on Thursday, August 6, 2026, followed by a live earnings webcast and presentation at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors can access the webcast via Targa’s website under “Events and Presentations” or directly through the provided media-server link, with a replay available about two hours after the event. Targa will also post a quarterly earnings supplement and updated investor presentation in the Investors section of its website prior to the call.
Positive
- Quarterly dividend of $1.25 per share for Q2 2026, or $5.00 annualized
- Defined dividend dates: record date July 31, 2026; payment date August 14, 2026
Negative
- None.
Key Figures
Previous Dividends,earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 16 | Dividend hike notice | Positive | -1.8% | Raised quarterly dividend to $1.25 and set Q1 2026 webcast timing. |
| Jan 15 | Dividend & webcast notice | Positive | +1.9% | Declared Q4 2025 dividend and flagged planned increase to $1.25 in 2026. |
| Nov 05 | Earnings & dividend outlook | Positive | +5.3% | Record Q3 2025 results and expectation for 25% dividend increase in 2026. |
| Oct 16 | Dividend & webcast notice | Positive | +1.6% | Declared Q3 2025 dividend and scheduled earnings release and webcast. |
| Jul 10 | Dividend & webcast notice | Positive | +0.7% | Announced Q2 2025 dividend and timing for quarterly results webcast. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Similar dividends/earnings announcements have generally seen modestly positive share reactions, with only one negative move among recent tagged events.
Key Terms
forward-looking statements regulatory
annual report on form 10-k regulatory
quarterly reports on form 10-q regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, July 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of
The Company will report its second quarter 2026 financial results before the market opens for trading on Thursday, August 6, 2026, and will host a live webcast at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss its 2026 second quarter financial results.
Event Information
Event: Targa Resources Corp. Second Quarter 2026 Earnings Webcast and Presentation
Date: Thursday, August 6, 2026
Time: 11:00 a.m. Eastern Time (10:00 a.m. Central Time)
Webcast: www.targaresources.com under "Events and Presentations" or directly at https://edge.media-server.com/mmc/p/o7q55fuf/lan/en/
Replay Information
A webcast replay will be available at the link above approximately two hours after the conclusion of the event. A quarterly earnings supplement presentation and updated investor presentation will also be available under Events and Presentations in the Investors section of the Company’s website prior to the start of the conference call, or directly at https://www.targaresources.com/investors/events.
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
