TRGP · News · 20260807N
Guidance / Outlook
Targa Resources Corp. · 2026-08-07 · Importance 69 · Surprise 60
Targa raised its full-year 2026 adjusted EBITDA outlook to the top end of its $5.7 billion-$5.9 billion range. Management attributed the increase to strong marketing margins and volume growth, particularly from the Permian Basin. Third-party reporting said management expects first-half marketing optimization gains to moderate during the second half of 2026.
Key facts
- Targa shares dropped 4.2% following its Q2 2026 earnings release. source