TRGP Targa Resources Corp.

Targa Resources Corp. Launches Non-Binding Open Season for Natural Gas Pipeline in the Delaware Basin

Targa Resources Corp. Launches Non-Binding Open Season for Natural Gas Pipeline in the Delaware Basin

HOUSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today the launch of a non-binding open season for its proposed Forza Pipeline Project (“Forza Project”), a new interstate natural gas pipeline that will support increasing natural gas production in the Delaware Basin in Southeast New Mexico. The open season begins at 8:00 a.m. Central Standard Time September 2, 2025, and is scheduled to end at 5:00 p.m. Central Standard Time on October 2, 2025.

The Forza Project consists of 36 miles of 36-inch diameter pipe, providing 750 dekatherms per day (“Dth/d”) of primary firm transportation service from receipt points in Lea County, New Mexico to multiple delivery points near the Waha Hub in Texas, and will connect new and existing gas processing facilities to in-basin demand and other demand markets. Pending shipper interest and necessary regulatory approvals, the project is scheduled for completion in mid-2028.

Interested parties are invited to participate in the open season to secure firm transportation capacity on the Forza Project. More detailed information about the open season is available on the Natural Gas Pipelines page on Targa’s website, at . Pro forma agreements will be made available to prospective shippers upon execution of a confidentiality agreement.

Inquiries about the Open Season or this notice should be directed to:

JB Smith

Vice President, Commercial Gas Pipelines

Targa Resources Corp.



214-420-4936

About Targa Resources Corp.

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic infrastructure assets and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and NGLs to domestic and international markets with growing demand for cleaner fuels and feedstocks. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to LPG exporters; and gathering, storing, terminaling, and purchasing and selling crude oil.

Targa is a FORTUNE 500 company and is included in the S&P 500.

For more information, please visit the Company’s website at .

Targa Investor Relations



(713) 584-1133



EN
02/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Targa Resources Corp.

Targa Resources Corp: 1 director

A director at Targa Resources Corp sold/gave away 3,900 shares at 0.000USD and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ...

 PRESS RELEASE

Targa Resources Corp. to Acquire Permian Basin Gathering & Processing ...

Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion $1.25 billion purchase price represents ~6 times 2026 estimated unlevered adjusted free cash flowUnderpinned by long-term acreage dedications of ~170,000 acres and attractive fee-based contractsStable volume profile with significant additional economic drilling opportunitiesFurther enhances Targa’s leading sour gas treating capabilities and expands Targa’s gathering and processing (G&P) footprint in the Permian BasinIncreases scale and cash flow with minimal impact to pro forma leverage HOUSTON, ...

 PRESS RELEASE

Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes

Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes HOUSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.350% Senior Notes due 2029 and $1.0 billion aggregate principal amount of its 5.400% Senior Notes due 2036 at a price to the public of 99.938% and 99.920% of their face value, respectively. The Offering is expected to close on November 12, 2025, subject to the satisfaction of customary clo...

 PRESS RELEASE

Targa Resources Corp. Reports Record Third Quarter 2025 Results and An...

Targa Resources Corp. Reports Record Third Quarter 2025 Results and Announces Expectation for a 25% Increase to its 2026 Common Dividend HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2025 results. Third quarter 2025 net income attributable to Targa Resources Corp. was $478.4 million compared to $387.4 million for the third quarter of 2024. The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“adjusted EBITDA”)(1) of $1,2...

 PRESS RELEASE

Targa Resources Corp. Announces Quarterly Dividend and Timing of Third...

Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2025 Earnings Webcast HOUSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the third quarter of 2025. This cash dividend will be paid November 17, 2025 on all outstanding common shares to holders of record as of the close of business on October 31, 2025. The Company will report its third quarter 20...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch