TRGP · News · 20260806N
Guidance and Outlook
Targa Resources Corp. · 2026-08-06 · Importance 69 · Surprise 60 · In source text
Targa raised its full-year 2026 adjusted EBITDA outlook to the top end of its $5.7 billion to $5.9 billion range. The increase was supported by strong marketing margins and volume growth during the second quarter. Management’s second-half outlook incorporates the possibility that marketing optimization benefits achieved in the first half will moderate. Strategic infrastructure expansion and continued Permian activity remain key operating priorities.
Key facts
- Targa increased its full-year profit outlook and increased its quarterly dividend by 25%. source
- Targa raised its full-year 2026 adjusted EBITDA outlook to the top end of its $5.7 billion to $5.9 billion range. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | committed | — | Targa raised its full-year 2026 adjusted EBITDA outlook to the top end of its $5.7 billion to $5.9 billion range. |