Welcome to our dedicated page for Targa Resources SEC filings (Ticker: TRGP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Targa Resources Corp. filings document the regulatory record of a NYSE-listed midstream energy company with gathering and processing and logistics and transportation operations. Its 8-K reports cover quarterly results, Regulation FD disclosures, non-GAAP measures such as adjusted EBITDA, adjusted cash flow from operations, adjusted free cash flow, and segment adjusted operating margin, together with reconciliations to GAAP measures.
The company’s filings also record capital-structure activity, including public senior note offerings, supplemental indentures, subsidiary guarantees, debt repayment uses, and general corporate funding purposes. Proxy materials address shareholder voting matters, board governance, executive compensation, equity awards, and other annual-meeting disclosures tied to Targa’s common stock.
Targa Resources Corp. (TRGP) director Waters S. Davis, through the Waters Davis Legacy Trust, has filed a notice to sell 2,400 shares of TRGP common stock under Rule 144. The planned sale, routed through Fidelity Brokerage Services LLC on the NYSE, has an indicated aggregate market value of $725,400 as of the notice.
Targa Resources Corp. (TRGP) reported a Form 4 insider transaction for its Chief Commercial Officer, identified as the reporting person. On 2026-08-18, this officer received a grant/award of 20,000 shares of Common Stock, recorded at $0.00 per share, as a direct acquisition. Following this award, the officer directly holds 217,401 shares of Targa Resources Corp. common stock.
Targa Resources Corp. reported stronger profitability for the quarter ended June 30, 2026. Total revenues were $4.44 billion, slightly above $4.26 billion a year earlier, while net income attributable to Targa increased to $764.6 million from $629.1 million, and diluted EPS rose to $3.54 from $2.87. For the first six months of 2026, net income attributable to Targa was $1.24 billion versus $899.6 million in 2025, supported by higher midstream fee revenues and lower product purchase costs.
Total assets grew to $28.52 billion, driven by capital spending and acquisitions, including the Stakeholder Midstream transaction that added Permian Delaware gathering and processing assets and new customer relationships. Property, plant and equipment, net, increased to $23.06 billion, and intangible assets, net, to $2.11 billion. Long-term debt rose to $19.02 billion, reflecting new senior unsecured notes issued in March 2026 and use of the accounts receivable securitization facility, partially offset by redemption of higher-coupon partnership notes.
Operating cash flow for the first half of 2026 was $2.18 billion, exceeding prior-year levels and helping fund $3.17 billion of investing outflows, including business acquisitions. Targa returned capital through $135.1 million of common share repurchases in the first half of 2026 and increased its quarterly dividend to $1.25 per share, or $5.00 annualized, while maintaining $1.24 billion of remaining authorization under its share repurchase programs.
Targa Resources Corp. reported record second-quarter 2026 results, with net income attributable to common shareholders of $764.6 million and adjusted EBITDA of $1.603 billion, up 22% and 38% year-over-year, respectively. Total revenues were $4.44 billion, driven by record Permian inlet volumes and record NGL transportation, fractionation and LPG export volumes, alongside stronger marketing margins.
Adjusted cash flow from operations rose to $1.371 billion and adjusted free cash flow to $205.3 million for the quarter. Targa now estimates full year 2026 adjusted EBITDA toward the top of its $5.7–$5.9 billion range and continues to expect about $4.5 billion of net growth capital and $250 million of maintenance capital in 2026. The company declared a quarterly dividend of $1.25 per share (25% higher than a year earlier), totaling $268 million, and repurchased 308,102 shares for $80 million, leaving $1.239 billion under existing repurchase programs. Total consolidated debt was $19.578 billion and liquidity about $3.2 billion, supported by an expanded and extended securitization facility and significant revolver availability.
Targa Resources Corp. executive Benjamin James Branstetter, President – Logistics and Transportation, reported that 1,346 shares of Common Stock were withheld on August 1, 2026 to satisfy exercise-price or tax obligations at $270.37 per share. After this disposition, he directly holds 27,941.8235 shares. A footnote clarifies his March 3, 2026 Form 3 and a subsequent Form 4 had understated his prior holdings, which were actually 36,087.8235 shares at that time.
Targa Resources Corp. reported that Senior VP and CAO John Christopher Eklof had 578 shares of common stock withheld on August 1, 2026 to satisfy an exercise price or tax liability at $270.37 per share. After this disposition, he directly holds 13,508 shares of Targa Resources common stock. The transaction was not carried out under a Rule 10b5-1 trading plan.
Targa Resources Corp. Executive Vice President, General Counsel and Secretary Gerald R. Shrader reported a disposition of 1,718 shares of common stock on August 1, 2026, withheld to cover equity-related obligations at $270.37 per share. After this exercise-price or tax-liability transaction, he directly owns 33,373 shares of common stock.
Targa Resources Corp. reported that director Thomas Joseph Mathiasmeier received a stock award of 477 shares of Common Stock on July 21, 2026, at a reported price of $0.00 per share. Following this grant, he directly owns 477 Targa Resources shares.
The transaction is categorized as a grant, award, or other acquisition, and company records indicate it was not made pursuant to a Rule 10b5-1 trading plan.
Targa Resources Corp. filed an initial insider ownership report for Thomas Joseph Mathiasmeier, who is identified as a director of the company. The filing does not report any insider transactions. The remarks note that an Exhibit 24 Power of Attorney is attached.
Targa Resources Corp. appointed Thomas Mathiasmeier to its Board of Directors as a Class II Director effective July 16, 2026, with a term expiring at the 2027 annual meeting of stockholders. He also joined the Board’s Audit Committee. Mathiasmeier most recently served as President, Global Gas, Power & Emerging Markets at ConocoPhillips, and has held multiple leadership roles across natural gas, LNG, power, midstream and commercial operations, as well as serving on industry association boards.
Mathiasmeier is a non-employee director and will receive compensation under Targa’s existing non-employee director policies, including equity awards under the Amended and Restated Targa Resources Corp. 2010 Stock Incentive Plan. In connection with his appointment, the Compensation Committee expects to grant him a pro-rated award of 477 shares of restricted stock. Targa also entered into an Indemnification Agreement with Mathiasmeier, providing indemnification to the fullest extent permitted under Delaware law and advancement of expenses for covered proceedings related to his service.