TRGP

Targa Resources Corp.'s stock price has risen significantly over the past six months. The company reported record first-quarter 2026 results, with increased net income and adjusted EBITDA, leading to an increased full-year 2026 adjusted EBITDA outlook. Targa declared a quarterly cash dividend increase and repurchased shares of its common stock. The company acquired Stakeholder Midstream, LLC, expanded its Permian Basin footprint, completed new processing plants and a fractionator, and announced the construction of two new natural gas processing plants. Targa completed a public offering of senior notes for general corporate purposes.