{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037533","form_type":"8-K","ticker":"TRGP","cik":"0001389170","company_name":"Targa Resources Corp.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.763389+00:00","generated_at":"2026-06-12T07:39:06.224131+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Targa Q2 2023 adj EBITDA $789.1M up 18% YoY; net income $329.3M; repurchased $149M in shares","bullets":["Adjusted EBITDA $789.1M vs $666.4M YoY (+18%); net income $329.3M vs $596.4M YoY (includes $435.9M gain in 2022).","Record Permian natural gas inlet, NGL pipeline transportation and fractionation volumes in Q2.","Repurchased $149M of common stock in Q2 at weighted avg $71.37; $942.7M remains under $1B program.","Declared Q2 dividend $0.50/share ($2.00 annualized); paid Aug 15, 2023.","Maintained 2023 adj EBITDA guidance $3.5B-$3.7B and capex $2.0B-$2.2B; announced two new Permian gas plants (Greenwood II, Bull Moose) for 2024-2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037533","json":"https://secwatch.observer/filing/0000950170-23-037533.json","markdown":"https://secwatch.observer/filing/0000950170-23-037533.md","text":"https://secwatch.observer/filing/0000950170-23-037533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389170/000095017023037533/0000950170-23-037533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389170/000095017023037533/trgp-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T07:39:06.224131+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":"f5b221cc4c10f76c2ca894841a45959f9a564078","claim":"Targa Resources Corp. reported second quarter 2023 results: net income $329.3 million. Guidance reaffirmed.","evidence_excerpt":"Second quarter 2023 net income attributable to Targa Resources Corp. was $329.3 million compared to $596.4 million for the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389170/000095017023037533/0000950170-23-037533-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Net income","value":"$329.3 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"}