TRGP · News · 20260806N

Permian Volume and Export Demand

Targa Resources Corp. · 2026-08-06 · Importance 26 · Surprise 24

Targa reported record natural-gas volumes in the Permian Basin during the second quarter. Higher demand for transportation and export services supported the Logistics and Transportation (L&T) segment. Record volumes also extended across Targa’s Natural Gas Gathering and Processing (G&P) and L&T segments, indicating strong producer activity and midstream throughput demand in the Permian.

Key facts

• Targa beat Wall Street estimates for second-quarter core profit as record Permian natural gas volumes and higher demand for its transportation and export services boosted earnings. source