Targa Resources declares USD 1.25 dividend for Targa Resources stock
Published on 10/20/2026 at 11:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital returns and earnings calendar
- Targa Resources declared a USD 1.25 dividend on October 13, 2026.
- Second-quarter revenue was USD 4.44 billion versus USD 4.90 billion expected.
- Targa Resources stock traded at EUR 261.50 at 11:00 a.m. CEST at Lang & Schwarz on October 20, 2026.
Targa Resources (ISIN US87612G1013) declared a USD 1.25 quarterly dividend on October 13, 2026, while setting November 5 for its third-quarter results. The payment date is November 17, and the record date is October 30, according to the company's Targa Resources release.
Dividend sets the next dates
The dividend gives shareholders USD 1.25 per common share for the third quarter of 2026, or USD 5.00 annualized, with payment scheduled for November 17, 2026. The company said its third-quarter results would be released before the US market opens on November 5, 2026, followed by an 11:00 a.m. Eastern Time webcast, according to Targa Resources.
Three target moves set the tone
On October 13, 2026, Citi raised its target from USD 303 to USD 325, according to Markets Insider. On October 15, 2026, Jefferies cut its target from USD 345 to USD 326 while retaining a Buy rating, as Markets Insider reported. On October 16, 2026, TD Cowen lowered its target from USD 350 to USD 345 and kept a Buy rating, according to Markets Insider.
What does the second quarter say?
Targa Resources reported USD 4.44 billion in revenue for the second quarter of 2026, below the USD 4.90 billion consensus estimate, while adjusted earnings per share reached USD 3.54 versus USD 2.83 expected, according to MarketBeat. The mixed result explains why the upcoming report matters: earnings exceeded expectations by USD 0.71 per share, while revenue missed the estimate by USD 0.46 billion.
Two dates define the calendar
October 30, 2026 is the record date for the dividend, and November 5, 2026 is the scheduled third-quarter earnings date, according to Targa Resources.
Euro quote before the report
The stock's German-market indication stood at EUR 261.50 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST. Targa Resources is listed on the NYSE under TRGP, and its market capitalization was USD 62.8 billion as of October 19, 2026.
The further course of trading is shown by the continuously updated real-time quote of Targa Resources stock.
Targa Resources key facts
- Company: Targa Resources Corp.
- ISIN: US87612G1013
- Ticker: TRGP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 11:00 a.m. CEST): EUR 261.50
- Market capitalization: USD 62.8 billion (as of October 19, 2026)
- Sector / Industry: Energy / Oil and Gas Transportation Services
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
