Recent Updates — TRGP
Targa Resources Corp. appointed Thomas Mathiasmeier to its Board of Directors as a Class II Director on July 16, 2026. Mathiasmeier, formerly President of Global Gas, Power & Emerging Markets at ConocoPhillips, also joined the Board's Audit Committee. His term expires at the 2027 annual meeting of stockholders. The company entered into an indemnification agreement with Mathiasmeier and expects to grant him a pro-rated restricted stock award of 477 shares. Targa Resources Corp. is an energy company that provides midstream services.
Targa Resources Partners LP, a subsidiary of Targa Resources Corp., entered into the Seventeenth Amendment to the Receivables Purchase Agreement on July 1, 2026, extending the Facility Termination Date to July 30, 2027, and establishing an uncommitted line of $200 million. Following the amendment, post-transactional-effect, there were approximately $451 million of trade receivable purchases outstanding under the Facility. Targa Resources Corp. operates in the midstream energy industry, providing natural gas liquids and natural gas processing and transportation services.