TRGP Targa Resources

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: Domestic infrastructure assets in natural gas gathering, processing, transportation, and NGL and crude oil logistics
• • New emphasis: Increased ownership stakes in joint ventures including 76.8% in Venice Energy and 80% in Targa Train 7 LLC
• • Strategic shift: Large capital expenditures with property, plant and equipment net increasing to $20.5B from $18.1B showing expansion and asset growth
• • Notable metric: Net income attributable to Targa Resources $1.92B, up from $1.31B in prior year; total assets up to $25.2B from $22.7B
• • Unique fact: Significant repurchase of noncontrolling interests in 2025 reducing noncontrolling interests equity from $1.83B to $130.3M, reflecting consolidation moves

Management Discussion & Analysis

• • Revenue $17.03B, up 4% YoY from $16.38B; commodity sales $14.4B (+4%), midstream service fees $2.62B (+5%)
• • Net income $1.92B, up 47% YoY from $1.31B; operating margin improved with income from operations $3.33B (+24%)
• • Best segment: Logistics and Transportation margin $2.79B (+18%), worst: Other segment margin negative $(5.3M) vs $(164.6M)
• • Adjusted EBITDA $4.96B (+20%); adjusted free cash flow $539M vs $140M; capex $3.57B total ($3.34B growth, $226M maintenance)
• • Management highlights continued growth in fee-based contracts, capital discipline on projects, and risk mitigation via commodity hedging; planned facility turnaround affects fees

Risk Factors

• • Regulatory risk: Compliance with Federal Energy Regulatory Commission (FERC) statutes and orders, noncompliance may cause substantial penalties and fines
• • Macroeconomic threat: Inflation and Federal Reserve monetary policy increases capital expenditures and operating costs
• • Operational risk: Dependence on third-party pipelines and facilities interconnected to Targa’s systems for natural gas, NGLs, and crude oil transportation
• • Competitive risk: Highly competitive oil and natural gas industry impacting ability to hire and retain management and operational personnel
• • Financial risk: Substantial indebtedness with potential for incurring more debt increasing risks of financial covenant compliance

What are the latest TRGP SEC filings in 2026?

Targa Resources (TRGP) has filed a 10-K annual report on February 19, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on August 6, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did TRGP file its most recent 10-K annual report?

Targa Resources (TRGP) filed its most recent 10-K annual report on February 19, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view TRGP 10-Q quarterly reports?

Targa Resources (TRGP)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every TRGP 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has TRGP filed recently?

Targa Resources (TRGP)'s most recent 8-K was filed on August 6, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find TRGP insider trading activity (Form 4)?

SignalX aggregates every TRGP Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does TRGP file with the SEC?

Targa Resources (TRGP) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new TRGP filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Targa Resources (TRGP).

What is TRGP's SEC CIK number?

Targa Resources (TRGP)'s SEC CIK (Central Index Key) number is 1389170. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1389170 to look up all TRGP filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find TRGP return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Targa Resources (TRGP) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.