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ProPetro's PROPWR unit signs 230 MW power deal with Targa Resources

Tue, 22 Sep 2026 07:01:01 -0400

ProPetro Holding Corp. (NYSE: PUMP) announced that its PROPWR business unit has signed new contracts with a subsidiary of Targa Resources Corp. (NYSE: TRGP) to commit approximately 230 megawatts of power generation capacity.

With the addition of these contracts, total capacity committed under contract for PROPWR stands at approximately 510 MW, a figure that also reflects previously announced oil and gas power capacity that is no longer committed under contract.

The long-term contracts will provide behind-the-meter power to support Targa's natural gas processing infrastructure in the Permian Basin, with full deployment expected in early 2028.

ProPetro said the recontracting allows PROPWR to redeploy

ProPetro's PROPWR unit signs 230 MW power deal with Targa Resources

Tue, 22 Sep 2026 07:01:01 -0400

The long-term contracts will provide behind-the-meter power to support Targa's natural gas processing infrastructure in the Permian Basin, with full deployment expected in early 2028.

ProPetro said the recontracting allows PROPWR to redeploy

PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

Tue, 22 Sep 2026 07:00:00 -0400

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (NYSE: PUMP) (“ProPetro”) today announced that its PROPWR business unit has entered into new contracts with a subsidiary of Targa Resources Corp. (NYSE: TRGP) (“Targa”), a large energy infrastructure company, for which PROPWR will commit approximately 230 megawatts (“MW”) of power generation capacity. With the addition of these contracts, total capacity committed under contract for PROPWR now stands at approximately 510 MW, which also reflects previously announced oil and gas power capacity that is no longer committed under contract. This recontracting allows PROPWR to redeploy the associated capacity to Targa and

PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

Tue, 22 Sep 2026 07:00:00 -0400

PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

Tue, 22 Sep 2026 07:00:00 -0400

PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

Tue, 22 Sep 2026 07:00:00 -0400

Targa Resources (TRGP) PT Raised to $345 at Truist Securities

Mon, 21 Sep 2026 07:14:01 -0400

Truist Securities analyst Gabe Daoud raised the price target on Targa Resources (NYSE: TRGP) to $345.00 (from $312.00) while maintaining a Buy rating.

TD Cowen Upgrades Targa Resources (TRGP) to Buy, 'Wet Gas Fuels Growth'

Fri, 18 Sep 2026 05:30:28 -0400

(Updated - September 18, 2026 5:30 AM EDT)

TD Cowen analyst Jason Gabelman upgraded Targa Resources (NYSE: TRGP) from Hold to Buy with a price target of $350.00 (from $275.00).

The analyst comments "We upgrade TRGP to Buy and top Midstream pick with a $350 PT. We see peer-leading EBITDA growth as TRGP is well positioned to capture Permian wet gas growth. We forecast 17 new plants from 2026 - 2030 and 2 plants thereafter, underpinned by maintaining market share plus its relationship with Permian-growth leader XOM. TRGP 2030 metrics screens favorably vs the group, framing long-term upside. We expect TRGP's multiple

TD Cowen Upgrades Targa Resources (TRGP) to Buy, 'Wet Gas Fuels Growth'

Fri, 18 Sep 2026 05:30:28 -0400

(Updated - September 18, 2026 5:30 AM EDT)

TD Cowen analyst Jason Gabelman upgraded Targa Resources (NYSE: TRGP) from Hold to Buy with a price target of $350.00 (from $275.00).

TD Cowen Upgrades Targa Resources (TRGP) to Buy, 'Wet Gas Fuels Growth'

Fri, 18 Sep 2026 05:30:28 -0400

(Updated - September 18, 2026 5:30 AM EDT)

TD Cowen analyst Jason Gabelman upgraded Targa Resources (NYSE: TRGP) from Hold to Buy with a price target of $350.00 (from $275.00).

TD Cowen Upgrades Targa Resources (TRGP) to Buy, 'Wet Gas Fuels Growth'

Fri, 18 Sep 2026 05:30:28 -0400

(Updated - September 18, 2026 5:30 AM EDT)

TD Cowen analyst Jason Gabelman upgraded Targa Resources (NYSE: TRGP) from Hold to Buy with a price target of $350.00 (from $275.00).

Form SD Targa Resources Corp.

Thu, 17 Sep 2026 16:31:00 -0400

si-local-file:///var/storage/secattach/20260917/27076287.html

Targa Resources Corp. Releases Sustainability Report

Wed, 16 Sep 2026 16:35:00 -0400

HOUSTON, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or “our”) announced today that our Sustainability Report for 2025 is now available on the Company’s website at https://www.targaresources.com/sustainability. The report provides a review of our performance for calendar year 2025 against various environmental, social, and governance topics that Targa believes are important to the industry and the Company’s business.

About Targa Resources Corp.

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in

Targa Resources Corp. Releases Sustainability Report

Wed, 16 Sep 2026 16:35:00 -0400

About Targa Resources Corp.

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in

Targa Resources (TRGP) PT Raised to $359 at Morgan Stanley

Wed, 16 Sep 2026 08:18:11 -0400

Morgan Stanley analyst Robert Kad raised the price target on Targa Resources (NYSE: TRGP) to $359.00 (from $343.00) while maintaining a Overweight rating.

Targa Resources (TRGP) PT Raised to $320 at Mizuho

Fri, 11 Sep 2026 06:52:51 -0400

Mizuho analyst Gabriel Moreen raised the price target on Targa Resources (NYSE: TRGP) to $320.00 (from $300.00) while maintaining a Outperform rating.

Targa Resources (TRGP) PT Raised to $314 at Scotiabank

Thu, 10 Sep 2026 07:00:09 -0400

Scotiabank analyst Holly Stewart raised the price target on Targa Resources (NYSE: TRGP) to $314.00 (from $257.00) while maintaining a Sector Outperform rating.

Stifel Resumes Targa Resources (TRGP) at Buy

Wed, 09 Sep 2026 16:35:12 -0400

Stifel analyst Robert Hodges resumes coverage on Targa Resources (NYSE: TRGP) with a Buy rating and a price target of $340.00.

For an analyst ratings summary and ratings history on Targa Resources click here. For more ratings news on Targa Resources click here.

Shares of Targa Resources closed at $294.29 yesterday.

Form 4 Targa Resources Corp. For: Sep 03 Filed by: Perkins Joe Bob

Tue, 08 Sep 2026 16:30:00 -0400

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Form 4 Targa Resources Corp. For: Sep 01 Filed by: Secrest Brent B.

Thu, 03 Sep 2026 17:00:00 -0400

si-local-file:///var/storage/secattach/20260903/27025874.html

Form 3 Targa Resources Corp. For: Sep 01 Filed by: Secrest Brent B.

Thu, 03 Sep 2026 16:43:00 -0400

si-local-file:///var/storage/secattach/20260903/27025696.html

Form 4 Targa Resources Corp. For: Sep 01 Filed by: Chung Paul W

Thu, 03 Sep 2026 16:30:00 -0400

si-local-file:///var/storage/secattach/20260903/27025469.html

Targa Resources (TRGP) PT Raised to $324 at Wells Fargo

Wed, 02 Sep 2026 05:15:46 -0400

Wells Fargo analyst Praneeth Satish raised the price target on Targa Resources (NYSE: TRGP) to $324.00 (from $282.00) while maintaining a Overweight rating.

The analyst comments "On 8/17, TRGP signed 20-yr XOM agreements in the Permian, accelerating & supporting growth through 2046. We now believe TRGP can support a higher cadence of processing plant & downstream infrastructure buildout. Raising PT to $324/sh. Stay OW. Increasing Price Target to $324/sh from $282/sh. We're raising our price target to $324/ sh from $282/sh to reflect an increase to our 2028+ EBITDA forecast driven by higher a higher capex and volume forecast. Our price

Targa Resources (TRGP) PT Raised to $324 at Wells Fargo

Wed, 02 Sep 2026 05:15:46 -0400

Wells Fargo analyst Praneeth Satish raised the price target on Targa Resources (NYSE: TRGP) to $324.00 (from $282.00) while maintaining a Overweight rating.

Targa Resources (TRGP) PT Raised to $338 at RBC Capital

Thu, 27 Aug 2026 07:56:04 -0400

RBC Capital analyst Elvira Scotto raised the price target on Targa Resources (NYSE: TRGP) to $338.00 (from $312.00) while maintaining a Outperform rating.