Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
Targa Resources, Inc. (TRGP)
US:NYSE Investor Relations:
ir.targaresources.com/trc/events.cfm
Company Research
Source: GlobeNewswire
HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.350% Senior Notes due 2031 and $750 million aggregate principal amount of its 6.050% Senior Notes due 2056 at a price to the public of 99.812% and 99.975% of their face value, respectively. The Offering is expected to close on March 2, 2026, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the Offering for general corporate purposes, including to repay borrowings under its unsecured commercial paper note program, to repay other indebtedness, to repurchase or redeem securities or to fund capital expenditures, additions to working capital or investments in its subsidiaries. The Offering is being made pursuant to an effective shelf registration statement and prospectus filed by the Company w
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TRGP
News
- Targa Resources (TRGP) had its price target raised by Royal Bank Of Canada from $218.00 to $260.00. They now have an "outperform" rating on the stock.MarketBeat
- Goldman Sachs Raises its Price Target on Targa Resources Corp. (TRGP) to $242 and Maintains a Buy Rating [Yahoo! Finance]Yahoo! Finance
- Targa Resources price target raised to $262 from $200 at Citi [Yahoo! Finance]Yahoo! Finance
- Broad-Based Growth In Q4 2025 Midstream/MLP Dividends [Seeking Alpha]Seeking Alpha
- Targa Resources (NYSE:TRGP) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
TRGP
Sec Filings
- 2/26/26 - Form 4
- 2/26/26 - Form 8-K
- 2/25/26 - Form FWP
- TRGP's page on the SEC website