{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-021492","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.412077+00:00","generated_at":"2026-06-22T08:31:58.249570+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Targa Q3 adjusted EBITDA record $768.6M; announces new plant, Daytona NGL pipeline; FY guidance unchanged","bullets":["Q3 net income $193.1M vs $182.2M YoY; record adjusted EBITDA $768.6M, +52% YoY, +15% sequentially.","Declared $0.35/share quarterly dividend ($1.40 annualized), paid Nov 15, 2022; repurchased 1.16M shares for $72.9M.","Announced 275 MMcf/d Wildcat II plant (Permian) by Q1 2024 and Daytona NGL Pipeline (~$650M) by end 2024, owned 75% by Targa.","FY 2022 adjusted EBITDA guidance unchanged at $2.85-2.95B; growth capex raised to $1.1-1.2B to include new projects.","Permian natural gas inlet volumes record 4.1 Bcf/d; total liquidity $1.8B as of Sep 30, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-021492","json":"https://secwatch.observer/filing/0000950170-22-021492.json","markdown":"https://secwatch.observer/filing/0000950170-22-021492.md","text":"https://secwatch.observer/filing/0000950170-22-021492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000095017022021492/0000950170-22-021492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000095017022021492/trgp-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:31:58.249570+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b19cc6a271bd62f2130f97e0111ef2ae52383fa","claim":"Targa Resources Corp. reported three months ended September 30, 2022 results: net income $193.1 million. Guidance reaffirmed.","evidence_excerpt":"Third quarter 2022 net income attributable to Targa Resources Corp. was $193.1 million compared to $182.2 million for the third quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389170/000095017022021492/0000950170-22-021492-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2022"},{"label":"Net income","value":"$193.1 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}