Targa Resources Q4 Net Income Rises

(RTTNews) - Targa Resources Corp. (TRGP) reported fourth quarter net income attributable to Targa Resources of $545 million compared to $351 million, a year ago. Adjusted EBITDA was $1.34 billion for the fourth quarter of 2025 compared to $1.12 billion, last year. Total revenues were $4.06 billion, compared to $4.41 billion, last year.

For 2026, Targa estimates full year adjusted EBITDA to be between $5.4 billion and $5.6 billion. For the first quarter of 2026, the company intends to recommend to Board an increase to quarterly common dividend to $1.25 per common share or $5.00 per common share annualized.

In pre-market trading on NYSE, Targa shares are down 0.23 percent to $227.09.

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