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Targa lifts 2026 earnings outlook as Permian volumes accelerate
10:15pm on Thursday 5th of November, 2026 AEDT
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Oil and Gas
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Targa lifts 2026 earnings outlook as Permian volumes accelerate
10:15pm on Thursday 5th of November, 2026 AEDT
Key Points
Third-quarter net income attributable to Targa rose 38% to US$658.2 million
Adjusted EBITDA increased 18% to US$1.504 billion
2026 adjusted EBITDA outlook set at at least US$6.0 billion
Proposed 2027 annual dividend of US$6.00 per share, subject to Board approval
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Targa Resources (NYSE:TRGP)
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