Latest TRGP news and sentiment

Targa Resources (TRGP) vs. ExxonMobil (XOM): Which Stock Is the Better Energy Bet?

On August 17, Targa Resources Corp. (NYSE:TRGP) and ExxonMobil Holdings Corporation (NYSE:XOM) executed new 20-year, integrated fee-based midstream agreements. The deal locks in extensive acreage dedications in the Delaware and Midland basins through 2046 for natural gas gathering, processing, and downstream NGL transportation and fractionation. To support ExxonMobil's expanding volumes, Targa announced three new Permian Delaware processing plants, Wrangler, Ranger, and Ranger II, adding 825 million cubic feet per day of capacity by the first half of 2028. Targa is also evaluating up to five a

Targa Resources Extends Growth Runway With New Permian Projects, RBC Says

Targa Resources (TRGP) is extending its growth runway as new commercial agreements and projects supp PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

Targa Resources Announces Executive Leadership and CFO Transition

Targa Resources has announced significant executive leadership changes. Brent B. Secrest was appointed President – Logistics and Transportation, and Benjamin J. Branstetter transitioned from that role to Chief Financial Officer, following William A. Byers' retirement. These changes aim to ensure continuity in financial oversight and operational stability, positioning Targa with a seasoned commercial executive and an internal leader overseeing its finances.

Castleark Management LLC Makes New $5.77 Million Investment in Targa Resources, Inc. $TRGP

Castleark Management LLC has made a new $5.77 million investment in Targa Resources, Inc. (NYSE:TRGP), acquiring 21,510 shares. This comes amidst other institutional investor activities and recent company developments, including a quarterly dividend announcement, insider stock sales, and new analyst price targets. Targa Resources also reported strong second-quarter earnings and strategic leadership changes.

Targa continues growth with leadership changes

Targa Resources Corp. is strengthening its executive leadership team with new appointments and role reorganizations, effective September 1. Brent B. Secrest will join as president, logistics and transportation, bringing over two decades of midstream energy experience. Benjamin J. Branstetter will transition from president, logistics and transportation, to CFO, replacing William A. Byers, who is retiring but will serve in an advisory role until the end of 2026.

Targa Resources (NYSE: TRGP) director plans $871K share sale

Targa Resources director Charles Crisp has filed a Form 144 notice to sell 3,000 shares of TRGP common stock, valued at approximately $870,690. The shares originate from restricted stock awards that vested in 2010 and 2016 for services rendered. The sale will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services and is subject to Rule 144 regulations.

Targa promotes Branstetter to succeed retiring Byers as CFO

Targa Resources Corp. has announced leadership changes, promoting Benjamin J. Branstetter to Chief Financial Officer, succeeding the retiring William A. Byers. The appointments are effective September 1, 2026, with Byers transitioning to an advisory role through year-end. Additionally, Brent B. Secrest will join Targa as president of logistics and transportation.

Targa Resources Corp. stock underperforms Tuesday when compared to competitors

Targa Resources Corp. (TRGP) stock fell by 2.50% on Tuesday, closing at $286.91, despite a generally positive trading session for the broader market. This marked the third consecutive day of losses for the company, while the S&P 500 Index and Dow Jones Industrial Average both saw gains. The underperformance suggests a divergence from the market's overall upward trend.

Targa grants new CFO hefty long-term incentive

Targa Resources Appoints Benjamin Branstetter as Finance Chief

Targa Resources names new president, CFO in leadership reshuffle By Investing.com

Targa Resources Corp. announced significant leadership changes, effective September 1st, including the appointment of Brent B. Secrest as President - Logistics and Transportation. Benjamin J. Branstetter will transition from his current role to become the new Chief Financial Officer. The current CFO, William A. Byers, will retire but remain in an advisory capacity through the end of 2026.

Targa Resources (NYSE: TRGP) names new CFO with 4x salary incentive

Targa Resources Corp. (TRGP) has announced executive leadership changes, effective September 1, 2026. Brent B. Secrest will become President – Logistics and Transportation, while Benjamin J. Branstetter will succeed William A. Byers as Chief Financial Officer. Branstetter's new compensation includes an annual base salary of $600,000 and a long-term incentive award equal to 400% of his base salary, while Byers will retire and remain in a non-executive role until December 31, 2026, with certain equity awards preserved and others forfeited.

Targa CFO Will Retire as Logistics Chief Becomes CFO Sept. 1

Targa Resources announced significant leadership changes effective September 1, 2026. Brent B. Secrest will join as President – Logistics and Transportation, while Benjamin J. Branstetter is promoted to Chief Financial Officer. Current CFO William A. Byers will retire but remain in an advisory role through year-end to ensure a smooth transition.

Targa Resources Director Paul W. Chung Gifts 1,000 Shares, Updates Ownership Details

Targa Resources Director Paul W. Chung gifted 1,000 shares of common stock on August 20, 2026, as reported in a recent SEC Form 4 filing. Following this transaction, Chung directly holds 30,479 shares, with additional indirect holdings through various family trusts and an IRA. The gift was made at no monetary exchange and updates his ownership details in the company.

Targa Resources (TRGP) Is Up 7.6% After 20-Year ExxonMobil Midstream Deal And $5B Build-Out - What's Changed

Targa Resources has announced a 20-year, fee-based agreement with ExxonMobil for gas processing, gathering, and NGL transportation in the Permian Basin, leading to a significant expansion of Targa's infrastructure. This deal involves adding approximately 825 million cubic feet per day of processing capacity and building the Bull Run II natural gas pipeline, with a revised FY26 net growth capital estimate of around $5 billion. The long-term contract provides Targa with enhanced cash-flow visibility and strengthens its position in the energy infrastructure sector.

ETFs Investing in Targa Resources Corp. Stocks

This article lists various Exchange Traded Funds (ETFs) that hold stocks of Targa Resources Corp. (A1C9E3), providing details such as market value, weight of Targa Resources in the fund, issuer, management style, focus, expense ratio, AUM, price change, and 3-year NAV total return. It highlights how these ETFs offer more accessible and diversified investment opportunities with lower risk. The listed ETFs span different investment strategies including total market, energy, large cap, and mid cap focuses.

How Targa's ExxonMobil Deal Could Extend Its Permian Growth Runway

Targa Resources Corp. (TRGP) has secured a 20-year commercial agreement with Exxon Mobil Corporation (XOM) extending through 2046, which is expected to bolster Targa's Permian gathering, processing, and downstream systems. This deal, however, also elevates Targa's 2026 net growth capital outlook to approximately $5 billion, intensifying the execution demands as the company expands its capacity. The long-term contracts with a major producer like ExxonMobil provide Targa with clearer commercial visibility and support new infrastructure, including three new Delaware processing plants and potentially five more, but also raise risks related to construction timing and cost control.