Welcome to our dedicated page for Targa Res 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. completed an underwritten notes offering, issuing $750.0 million of 4.350% Senior Notes due 2029 and $1.0 billion of 5.400% Senior Notes due 2036. The notes are fully and unconditionally guaranteed on a senior unsecured basis by certain subsidiaries, subject to stated conditions, under an existing indenture and a new Twelfth Supplemental Indenture.
The company expects to use a portion of the net proceeds to redeem Targa Resources Partners LP’s 6.875% Senior Notes due 2029, with the remainder for general corporate purposes, including repaying commercial paper and other debt, repurchasing or redeeming securities, and funding capital expenditures, working capital, or subsidiary investments. The securities were issued off an automatic shelf registration on Form S-3ASR and a prospectus supplement dated November 6, 2025.
Targa Resources Corp. launched a primary offering of $750,000,000 4.350% Senior Notes due 2029 and $1,000,000,000 5.400% Senior Notes due 2036. The notes pay interest semi‑annually beginning in January 2026 and may be redeemed at Targa’s option at the prices described, with no mandatory redemption or sinking fund.
Targa expects approximately $1,738.2 million in net proceeds. A portion will be used to redeem Targa Resources Partners LP’s 6.875% Senior Notes due 2029, with the balance for general corporate purposes, including repayment of borrowings under the unsecured Commercial Paper Program, other debt repayment, securities repurchases or redemptions, and funding capital expenditures, working capital, or subsidiary investments.
The notes are senior unsecured obligations of Targa and will be fully and unconditionally guaranteed on a senior unsecured basis by certain subsidiaries. They rank equally with Targa’s existing unsecured senior debt and effectively junior to secured debt to the extent of collateral, and structurally junior to non‑guarantor subsidiary obligations. The offering is T+3 settlement, and no exchange listing is intended.
Targa Resources Corp. announced the pricing and sale of $1.75 billion of senior notes, split between $750.0 million 4.350% Senior Notes due 2029 and $1.0 billion 5.400% Senior Notes due 2036, fully and unconditionally guaranteed on a senior unsecured basis by certain subsidiaries.
The 2029 notes mature on January 15, 2029, with interest payable each January 15 and July 15 beginning January 15, 2026. The 2036 notes mature on July 30, 2036, with interest payable each January 30 and July 30 beginning January 30, 2026. Interest on both series accrues from November 12, 2025, and the company may redeem the notes in whole or in part at applicable redemption prices.
Targa expects to use a portion of net proceeds to redeem its affiliates’ 6.875% Senior Notes due 2029 and to use the remainder for general corporate purposes, including repayment of borrowings under its commercial paper program or other indebtedness, repurchases or redemptions of securities, and funding capital expenditures, working capital, or subsidiary investments. The offering was conducted via a prospectus supplement under an effective Form S‑3 shelf.
Targa Resources Corp. launched a preliminary prospectus supplement to offer new senior unsecured notes due 2029 and 2036. The company expects to use a portion of the net proceeds to redeem Targa Resources Partners’ 6.875% Senior Notes due 2029 and to use the remainder for general corporate purposes, including repayment of borrowings under its unsecured commercial paper program, other debt repayment, securities repurchases or redemptions, and capital investments.
The notes will be senior unsecured obligations, initially guaranteed on a senior unsecured basis by certain subsidiaries, with optional redemption features and no mandatory redemption or sinking fund. No exchange listing is planned. As context, as of September 30, 2025, outstanding borrowings under the Commercial Paper Program were $1.3 billion at a 4.7% weighted average rate, and the Partnership’s accounts receivable securitization facility had $600.0 million outstanding at a 5.2% weighted average rate, maturing August 31, 2026.
Targa Resources Corp. (TRGP) reported stronger Q3 2025 results. Revenue reached $4,151.2 million, up from $3,851.8 million a year ago, and net income attributable to the company rose to $478.4 million, or $2.20 diluted EPS. For the first nine months, revenue was $12,972.8 million and net income attributable to the company was $1,378.0 million.
The company closed the acquisition of Blackstone’s 45% interest in Targa Badlands for $1.8 billion in cash, now owning 100% of its earnings effective January 1, 2025. Operating cash flow for the nine months was $2,411.9 million, supporting $2,370.1 million of capital expenditures, $604.8 million of share repurchases, and $602.5 million of dividends. Targa also issued $3,490.7 million of senior unsecured notes and redeemed $705.2 million.
On the balance sheet, total assets were $24,174.8 million, with long‑term debt at $16,742.0 million. Liquidity included the TRGP Revolver and commercial paper program with approximately $2.2 billion available as of September 30, 2025. Shares outstanding were 214,658,564 as of October 31, 2025.
Targa Resources Corp. (TRGP) furnished an 8‑K announcing its quarterly results release. The company issued a press release covering financial results for the three months ended September 30, 2025, and scheduled a live webcast conference call for 11:00 a.m. Eastern (10:00 a.m. Central) on November 5, 2025. A replay will be available through the Investors section of its website.
The materials reference non‑GAAP measures, including adjusted EBITDA, adjusted cash flow from operations, adjusted free cash flow, and adjusted operating margin (segment), with reconciliations to GAAP included in the press release. The press release was furnished as Exhibit 99.1 and, along with the 8‑K, is not deemed filed for liability purposes under Section 18 unless specifically incorporated by reference.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 28,382,289 shares of Targa Resources Corp. (TRGP) common stock, representing 13.18% of the class as of 09/30/2025. Vanguard is identified as an investment adviser.
The filing lists 0 shares with sole voting power and 1,397,836 with shared voting power. It reports 26,192,024 shares with sole dispositive power and 2,190,265 with shared dispositive power. Vanguard states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control. The filing notes that Vanguard’s clients have rights to dividends or sale proceeds, and no single other person’s interest exceeds 5%.
D. Scott Pryor, a director and officer of Targa Resources Corp. (TRGP) and President - Logistics and Transportation, reported insider transactions on a Form 4 filed following trades dated 08/15/2025. The filing shows two dispositions totaling 53,420 common shares sold: 20,000 shares sold at a weighted-average price of $165.3522 (individual trade prices ranged from $165.0177 to $165.6433) and 33,420 shares also disposed (no price shown on the form). After these transactions the reporting person beneficially owns 42,139 shares indirectly through the Pryor Trust, for which D. Scott Pryor and Marcy Gaye Pryor are co-trustees. The Form 4 is signed by D. Scott Pryor on 08/19/2025.
Matthew J. Meloy, CEO and director of Targa Resources Corp. (TRGP), reported a sale of 24,942 shares of common stock on 08/15/2025. After the transaction he beneficially owns 685,686 shares, reported on Form 4 filed 08/19/2025. The sale was coded as G (likely a sale under Rule 10b5-1 plan or similar coding used on Form 4) and shows a price of $0 in the filing record.
Targa Resources Corp. (TRGP) Form 144 reports a proposed sale of 20,000 common shares. The shares were received as incentive compensation from the issuer on 01/20/2025. The seller lists Raymond James & Associates (St. Petersburg, FL) as the broker and sets the approximate sale date as 08/15/2025 on the NYSE. The filing reports an aggregate market value of $3,307,038.05 for the shares and states 215,191,852 shares outstanding. The filer indicates no securities sold during the past three months. The notice includes the standard representation that the seller has no undisclosed material adverse information about the issuer.