StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
Targa Resources Q3 Net Income Jumps to $658 Million on 35% Revenue Growth
Key Facts
1Targa Resources Corp. reported its financial results for the third quarter of 2026.
2The company announced expectations for a 20% increase to its 2027 common dividend.
Targa Resources Corp. reported net income of $658 million for the third quarter of 2026, up from $478 million in the prior year. The company stated that revenue jumped 35% during the period, surpassing analyst estimates.
TRGP closed at $285 on November 4, 2026, having traded between a high of $294.39 and a low of $281.58. According to a statement released via GlobeNewswire, adjusted EBITDA reached $1,504 million for the quarter, and the company maintains its forecast for a 20% increase to common dividends in 2027.