Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast
Rhea-AI Summary
Targa Resources Corp (NYSE: TRGP) declared a quarterly cash dividend of $1.00 per common share for Q4 2025 ($4.00 annualized), payable Feb 13, 2026, to holders of record as of the close of business on Jan 30, 2026. The company said it intends to recommend a common dividend increase to $1.25 per share for Q1 2026 ($5.00 annualized), subject to Board approval and payable in May 2026 if approved. Targa will report Q4 2025 results before market open on Feb 19, 2026 and host a live webcast at 10:00 a.m. CT, with a replay and updated investor materials available online.
Positive
- Q4 dividend declared at $1.00 per share
- Annualized dividend maintained at $4.00 per share for 2025
- Proposed dividend increase to $1.25 per quarter would raise annualized payout to $5.00 (+25%) if approved
- Earnings transparency: Q4 2025 results due before market on Feb 19, 2026 with a live webcast
Negative
- Proposed $1.25 Q1 2026 dividend is subject to Board approval, not guaranteed
News Market Reaction – TRGP
In the Jan 16 session, TRGP gained 1.88%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 06 | Acquisition close | Positive | -1.9% | Completion of $1.25B Stakeholder Midstream acquisition effective Jan 1, 2026. |
| Dec 01 | Acquisition announcement | Positive | +0.8% | Announcement to acquire Permian gathering and processing assets for $1.25B. |
| Nov 06 | Debt offering | Neutral | +1.3% | Pricing of $1.75B senior notes for refinancing and general corporate purposes. |
| Nov 05 | Earnings and dividend | Positive | +5.3% | Record Q3 2025 results and expectation for $5.00 annualized 2026 dividend. |
| Oct 16 | Dividend declaration | Positive | +1.6% | Q3 2025 $1.00 dividend declaration and scheduling of earnings webcast. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Dividend and earnings-related announcements have generally seen positive price alignment, while an acquisition close saw a negative divergence.
Over the past six months, Targa has combined balance sheet activity, acquisitions, and dividend growth. It completed the Stakeholder Midstream acquisition for $1.25 billion, issued $1.75 billion of senior notes, and reported record Q3 2025 results with higher adjusted EBITDA and net income. Dividend actions included an increase to $1.00 per share and regular quarterly declarations. Today’s Q4 2025 dividend and webcast timing update continues the pattern of pairing earnings dates with clear dividend communication following prior guidance toward a $5.00 annualized 2026 dividend.
Key Terms
forward-looking statements regulatory
form 10-k regulatory
form 10-q regulatory
form 8-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) today announced its quarterly dividend on common shares with respect to the fourth quarter of 2025.
Targa announced today that its board of directors has declared a quarterly cash dividend of
For the first quarter of 2026, Targa intends to recommend to its Board of Directors an increase to its common dividend to
The Company will report its fourth quarter 2025 financial results before the market opens for trading on Thursday, February 19, 2026, and will host a live webcast over the internet at 10:00 a.m. Central Time to discuss its 2025 fourth quarter financial results.
Event Information
Event: Targa Resources Corp. Fourth Quarter 2025 Earnings Webcast and Presentation
Date: Thursday, February 19, 2026
Time: 10:00 a.m. Central Time
Webcast: https://www.targaresources.com/investors/events or directly at https://edge.media-server.com/mmc/p/ktbyx3ix.
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 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, and payment of future dividends. 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, the impact of disruptions in the bank and capital markets, 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
