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via finance.yahoo.comBusiness & Companies

Targa Resources reports Q3 2026 results and expects a 20% rise in 2027 dividend

FROM THE WIRE · FINANCE.YAHOO.COM

Targa Resources Corp. HOUSTON, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP," the "Company" or "Targa") today reported third quarter 2026 results. Third quarter 2026 net income attributable to Targa Resources Corp. was $658 million compared to $478…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong profit and EBITDA growth with a higher dividend outlook, relevant for the midstream stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 net income rose to $658 million from $478 million.
  2. 02Adjusted EBITDA rose 18% year over year to $1,504 million.
  3. 03Targa announced 20-year integrated midstream agreements with ExxonMobil subsidiaries.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Targa Resources Corp.TRGPStock285.00 USDMarket closedtoday -4.54%Positive Exxon Mobil CorporationXOMStock169.44 USDMarket closedtoday -4.52%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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