
Targa Resources Net Income Surges 77% Amid Record Permian Basin Volumes
Targa Resources Corp.Description
What this story covers
Targa Resources demonstrated strong operational leverage in Q1 2026, with net income rising 77% to $479.6 million. Despite lower commodity prices, record Permian Basin volumes and strategic acquisitions like Stakeholder Midstream fueled a 19% increase in Adjusted EBITDA.
Story snapshot
CompanyTarga Resources Corp.
TickerTRGP
VariantStandard detailed
Duration12:40
Filing type10-Q
PeriodQ1 2026
IndustryEnergy
Accession0001193125-26-211698
Sources1
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