Targa Resources Reports Q1 2026 Earnings
Targa Resources (TRGP) reported adjusted EBITDA of $1.4 billion for the first quarter, a sequential increase from fiscal Q4 2025 due to contributions from its Permian Basin acquisition and optimization in marketing businesses. The company raised its full-year 2026 adjusted EBITDA guidance to between $5.7 billion and $5.9 billion.
Tickers: $TRGP
Topics: ebitda energy guidance_update