Targa Resources Corp. shareholders approved Advisory approval of the compensation of the Company's named executive officers for the fiscal year ended December 31, 2025 at the 2026-05-21 meeting.
“VOTES FOR VOTES AGAINST VOTES ABSTAINED BROKER NON-VOTES 176,432,347 8,616,715 337,011 12,060,442”
Shareholder Votes
Targa Resources Corp. shareholders approved Ratify the selection of PricewaterhouseCoopers LLP as the Company's independent auditors for 2026 at the 2026-05-21 meeting.
“VOTES FOR VOTES AGAINST VOTES ABSTAINED 189,588,676 7,795,387 62,452”
Shareholder Votes
Targa Resources Corp. shareholders approved Election of four Class I Directors at the 2026-05-21 meeting.
“Paul W. Chung 174,201,147 11,145,675 39,250 12,060,443 Charles R. Crisp 178,594,280 6,738,370 53,423 12,060,442 Laura C. Fulton 161,582,074 23,750,294 53,705 12,060,442 R. Keith Teague 179,594,411 5,738,762 52,904 12,060,438”
Earnings Releases
Targa Resources Corp. updated its full year 2026 guidance (raised).
“Increasing full year 2026 adjusted EBITDA estimate to $5.7 billion to $5.9 billion”
Earnings Releases
Targa Resources Corp. reported first quarter 2026 results: net income $480 million.
“First quarter 2026 net income attributable to Targa Resources Corp. was $480 million compared to $271 million for the first quarter of 2025.”
Debt Financings
Targa Resources Corp. incurred senior notes of $750.0 million at 6.050%.
“$750.0 million aggregate principal amount of the Company’s 4.350% Senior Notes due 2031”
Material Agreements
Targa Resources Corp. entered into Thirteenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $750.0 million aggregate principal amount of the Company’s 4.350% Senior Notes due 2031 and $750.0 m (effective 2026-03-02).
“On March 2, 2026, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $750.0 million aggregate principal amount of the Company’s 4.350% Senior Notes due 2031 (the “2031 Notes”) and (ii) $750.0 million aggregate principal amount of the Company’s 6.050% Senior Notes due 2056 (the “2056 Notes,” and, together with the 2031 Notes, the “Notes”).”
Debt Financings
Targa Resources Corp. incurred senior notes of $1.0 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 5.400% maturing 2036.
“$1.0 billion aggregate principal amount of the Company’s 5.400% Senior Notes due 2036”
Debt Financings
Targa Resources Corp. incurred senior notes of $750.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.350% maturing 2029.
“$750.0 million aggregate principal amount of the Company’s 4.350% Senior Notes due 2029”
Debt Financings
Targa Resources Corp. incurred senior notes of $750 million with U.S. Bank Trust Company, National Association at 5.650% maturing due 2036.
“$750 million aggregate principal amount of the Company’s 5.650% Senior Notes due 2036”
Debt Financings
Targa Resources Corp. incurred senior notes of $750 million with U.S. Bank Trust Company, National Association at 4.900% maturing due 2030.
“$750 million aggregate principal amount of the Company’s 4.900% Senior Notes due 2030”
Debt Financings
Targa Resources Corp. incurred senior notes of $1.0 billion with U.S. Bank Trust Company, National Association at 6.125% maturing 2055.
“and (ii) $1.0 billion aggregate principal amount of the Company’s 6.125% Senior Notes due 2055”
Debt Financings
Targa Resources Corp. incurred senior notes of $1.0 billion with U.S. Bank Trust Company, National Association at 5.550% maturing 2035.
“completed the previously announced underwritten public offering (the “Offering”) of (i) $1.0 billion aggregate principal amount of the Company’s 5.550% Senior Notes due 2035”
Jennifer R. Kneale was appointed as President at Targa Resources Corp..
“Targa Resources Corp. (the “Company”) announced today that Jennifer R. Kneale was appointed President, effective March 1, 2025.”
William A. Byers was appointed as Chief Financial Officer at Targa Resources Corp..
“the Board also appointed William A. Byers to serve as the Company’s Chief Financial Officer, effective as of July 22, 2024.”
J. Christopher Eklof was appointed as Senior Vice President and Chief Accounting Officer at Targa Resources Corp..
“On May 16, 2024, the Board of Directors of the Company appointed J. Christopher Eklof, age 55, as Senior Vice President and Chief Accounting Officer of the Company, effective March 1, 2025.”
Julie H. Boushka departed as Senior Vice President and Chief Accounting Officer at Targa Resources Corp..
“On May 15, 2024, Julie H. Boushka gave notice to Targa Resources Corp. (the “Company”) of her intent to retire from her position as Senior Vice President and Chief Accounting Officer of the Company, effective March 1, 2025.”
Shareholder Votes
Targa Resources Corp. shareholders approved Advisory approval of named executive officer compensation for fiscal year 2023 at the 2024-05-16 meeting.
“3. The Board proposal seeking approval, on an advisory basis, of the compensation of the Company’s named executive officers was approved.”
Shareholder Votes
Targa Resources Corp. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditors for 2024 at the 2024-05-16 meeting.
“2. PricewaterhouseCoopers LLP was ratified as the Company’s independent auditors for 2024.”
Shareholder Votes
Targa Resources Corp. shareholders approved Election of three Class II Directors to serve until 2027 at the 2024-05-16 meeting.
“1. Each of the three Class II directors that was up for re-election was elected for a term of three years expiring at the Company’s 2027 Annual Meeting of Stockholders.”
Earnings Releases
Targa Resources Corp. reported first quarter 2024 results: net income $275.2 million. Guidance reaffirmed.
“First quarter 2024 net income attributable to Targa Resources Corp. was $275.2 million compared to $497.0 million for the first quarter of 2023. The Company reported record adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“adjusted EBITDA”) (1) of $966.2 million for the first quarter of 2024 compared to $940.6 million for the first quarter of 2023.”
Caron A. Lawhorn was appointed as Director at Targa Resources Corp..
“On March 11, 2024, the Board appointed Ms. Caron A. Lawhorn to serve on the Board.”
Robert Keith Teague was appointed as Director at Targa Resources Corp..
“On February 26, 2024, the Board appointed Mr. Robert Keith Teague to serve on the Board to fill the vacancy resulting from the resignation of Mr. Evans.”
Robert B. Evans retired as Director at Targa Resources Corp..
“Robert B. Evans, age 75, a member of the Board of Directors (the “Board”) of Targa Resources Corp. (the “Company”) retired as a director of the Company, effective February 26, 2024.”
Earnings Releases
Targa Resources Corp. reported fourth quarter and full year 2023 results: net income Fourth quarter 2023 net income attributable to Targa Resources Corp. was $299.6 million compared to $318.0 million for t. Guidance initiated.
“Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2023 results. Fourth quarter 2023 net income attributable to Targa Resources Corp. was $299.6 million compared to $318.0 million for the fourth quarter of 2022. For full year 2023, net income attributable to Targa Resources Corp. was a record $1,345.9 million compared to $1,195.5 million for 2022.”
Governance Changes
Targa Resources Corp.: Adopted Third Amended and Restated Bylaws with revisions to director nomination procedures, proxy access, meeting rules, indemnification, and other updates (effective 2023-12-07).
“On December 7, 2023, the Board of Directors (the “Board”) of Targa Resources Corp. (the “Company”) approved the Company’s Third Amended and Restated Bylaws (the “Third Amended and Restated Bylaws”), effective as of such date.”
Debt Financings
Targa Resources Corp. incurred senior notes of $1 billion aggregate principal amount of the Company's 6.150% Senior Notes due 2029 and $1 billion aggregate principal a with U.S. Bank Trust Company, National Association at 6.150% for the 2029 Notes and 6.500% for the 2034 Notes maturing 2029 for the 2029 Notes and 2034 for the 2034 Notes.
“On November 9, 2023, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 (the “2029 Notes”) and (ii) $1 billion aggregate principal amount of the Company’s 6.500% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”).”
Material Agreements
Targa Resources Corp. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 and $1 billion a (effective 2023-11-09).
“On November 9, 2023, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $1 billion aggregate principal amount of the Company’s 6.150% Senior Notes due 2029 (the “2029 Notes”) and (ii) $1 billion aggregate principal amount of the Company’s 6.500% Senior Notes due 2034 (the “2034 Notes” and, together with the 2029 Notes, the “Notes”).”
Earnings Releases
Targa Resources Corp. reported third quarter 2023 results: net income $220.0 million. Guidance reaffirmed.
“Third quarter 2023 net income attributable to Targa Resources Corp. was $220.0 million compared to $193.1 million for the third quarter of 2022.”
Material Agreements
Targa Resources Corp. amended Fourteenth Amendment to the Receivables Purchase Agreement with PNC Bank, National Association valued at $600 million (effective 2023-08-30).
“On August 30, 2023, Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (the “Company”), and Targa Receivables LLC, a bankruptcy-remote special purpose entity that is an indirect wholly-owned subsidiary of the Partnership (the “SPV”), entered into a Fourteenth Amendment to the Receivables Purchase Agreement”
Earnings Releases
Targa Resources Corp. reported second quarter 2023 results: net income $329.3 million. Guidance reaffirmed.
“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.”
Shareholder Votes
Targa Resources Corp. shareholders rejected Stockholder proposal requesting that the Company issue a report assessing policy options related to venting and flaring at the 2023-05-23 meeting.
“The stockholder proposal requesting that the Company issue a report assessing policy options related to venting and flaring was not approved.”
Shareholder Votes
Targa Resources Corp. shareholders approved Approve, on an advisory basis, the frequency of future advisory votes to approve executive compensation (every 3, 2, or 1 year) at the 2023-05-23 meeting.
“The Board proposal regarding the frequency of future advisory votes to approve the compensation of the Company’s named executive officers every three years, every two years, or every year, was approved for every year.”
Shareholder Votes
Targa Resources Corp. shareholders approved Elect three Class I Directors to serve on the Board for a term expiring at 2026 Annual Meeting at the 2023-05-23 meeting.
“Targa Resources Corp. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”) on May 23, 2023.”
Earnings Releases
Targa Resources Corp. reported first quarter 2023 results: net income $497.0 million. Guidance reaffirmed.
“Targa Resources Corp. Reports First Quarter 2023 Financial Results HOUSTON – May 4, 2023 - Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2023 results. First quarter 2023 net income attributable to Targa Resources Corp. was $497.0 million compared to $88.0 million for the first quarter of 2022.”
Earnings Releases
Targa Resources Corp. reported the full year 2022 results: net income $1,195.5 million.
“For full year 2022, net income attributable to Targa Resources Corp. was a record $1,195.5 million compared to $71.2 million for 2021.”
Earnings Releases
Targa Resources Corp. reported the fourth quarter of 2022 results: net income $318.0 million.
“Fourth quarter 2022 net income (loss) attributable to Targa Resources Corp. was $318.0 million compared to $(313.6) million (including a non-cash pre-tax impairment loss of $452.3 million on assets in SouthTX associated with Targa's Central operations) for the fourth quarter of 2021.”
Debt Financings
Targa Resources Corp. incurred senior notes of $850,000,000 in aggregate principal amount at 6.500% maturing 2053.
“$850,000,000 in aggregate principal amount of the Company’s 6.500% Senior Notes due 2053”
Debt Financings
Targa Resources Corp. incurred senior notes of $900,000,000 in aggregate principal amount at 6.125% maturing 2033.
“$900,000,000 in aggregate principal amount of the Company’s 6.125% Senior Notes due 2033”
Material Agreements
Targa Resources Corp. entered into Fifth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $900,000,000 in aggregate principal amount of the Company’s 6.125% Senior Notes due 2033 and $850,00 (effective 2023-01-09).
“On January 9, 2023, Targa Resources Corp. (the “Company”), along with certain of its subsidiaries (the “Subsidiary Guarantors”), completed the previously announced underwritten public offering (the “Offering”) of (i) $900,000,000 in aggregate principal amount of the Company’s 6.125% Senior Notes due 2033 (the “2033 Notes”) and (ii) $850,000,000 in aggregate principal amount of the Company’s 6.500% Senior Notes due 2053 (the “2053 Notes” and, together with the 2033 Notes, the “Notes”).”
Earnings Releases
Targa Resources Corp. reported three months ended September 30, 2022 results: net income $193.1 million. Guidance reaffirmed.
“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.”
James W. Whalen retired as Director at Targa Resources Corp..
“James W. Whalen, age 80, a member of the Board of Directors (the “Board”) of Targa Resources Corp. (the “Company”) retired as a director of the Company, effective December 10, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.