
Insider and congress filings
Targa Resources Corp. (TRGP)
NYSE · Energy · 383 insider transactions · 21 congress trades · last filed 2 months agoS&P 500
About Targa Resources Corp.
from the company's filings and listing, as of Oct 21, 2026- Exchange
- NYSE
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Chief executive
- Matthew J. Meloy
- Employees
- 3,570
- Listed since
- Dec 7, 2010
- Market value
- $62.8B
- Price to earnings (12 mo)
- 27.8
- Net income per share, as reported (12 mo)
- $10.53
- Dividend yield
- 1.54%
Earnings
6 reported quarters · next on Nov 5, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 6, 2026 | $3.54 | $2.83 | $4.4B | $4.9B | EPS beat, GAAPRevenue miss |
| Q1 FY2026reported May 7, 2026 | $2.21 | $2.48 | $4.1B | $4.7B | EPS miss, GAAPRevenue miss |
| Q4 FY2025reported Feb 19, 2026 | $2.51 | $2.30 | $4.1B | $4.7B | EPS beatRevenue miss |
| Q3 FY2025reported Nov 5, 2025 | $2.20 | $2.11 | $4.2B | $4.6B | EPS beat, GAAPRevenue miss |
| Q2 FY2025reported Aug 7, 2025 | $2.87 | $1.86 | $4.0B | $4.9B | EPS beat, GAAPRevenue miss |
| Q1 FY2025reported May 1, 2025 | $0.91 | $1.98 | $4.6B | $4.9B | EPS miss, GAAPRevenue miss |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Mar 26, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Matthew J. MeloyChief Executive Officer | $1.2M | $16.3M | $4.0M | $21.5M |
| Jennifer R. KnealePresident | $759K | $6.3M | $1.9M | $8.9M |
| Robert M. MuraroChief Commercial Officer | $671K | $4.3M | $1.3M | $6.3M |
| D. Scott PryorPresident - Logistics and Transportation | $671K | $4.3M | $1.3M | $6.3M |
| Patrick J. McDoniePresident - Gathering and Processing | $671K | $4.3M | $1.3M | $6.3M |
| William A. ByersChief Financial Officer | $617K | $3.5M | $1.2M | $5.4M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. Executives who have since left are not shown. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| BlackRock, Inc. | $5.6B | 20,832,687 | +1.4% | 9.69% |
| State Street Corp | $3.8B | 14,226,166 | +4.6% | 6.62% |
| Wellington Management Group LLP | $3.8B | 14,176,394 | -5.8% | 6.59% |
| Vanguard Capital Management LLC | $3.8B | 14,015,559 | +0.5% | 6.52% |
| Vanguard Portfolio Management LLC | $3.1B | 11,697,574 | -1.3% | 5.44% |
| Harris Associates L.P. | $2.1B | 7,937,530 | -9.0% | 3.69% |
| Geode Capital Management, LLC | $1.6B | 6,083,486 | +1.3% | 2.83% |
| Norges Bank | $1.1B | 4,216,259 | New | 1.96% |
| Blackstone Inc. | $965.8M | 3,601,933 | +7.8% | 1.68% |
| Morgan Stanley | $954.4M | 3,559,424 | +10.6% | 1.66% |
| Tortoise Capital Advisors, L.L.C. | $946.4M | 3,529,491 | -0.5% | 1.64% |
| Invesco Ltd. | $910.6M | 3,395,829 | +11.9% | 1.58% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. New: not in this holder's prior 13F as reported; a change of filer ID can also show as new. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Tracked fund managers holding TRGP
2 managers| Manager | Value | Shares | Share of book |
|---|---|---|---|
| D. E. Shaw & Co.David Shaw | $611.3M | 2,279,804 | 0.3% |
| Zimmer Partners | $175.5M | 654,500 | 4.0% |
2 of the 97 fund managers we track list TRGP shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.
Open-market insider trades
14 filings shown · newest filing first| Insider | Action | Shares | Price | Value | Trade date | Delay (business days) |
|---|---|---|---|---|---|---|
| Paul W. ChungDirector | Sold · 2 lines | 1,816 | $296.11 | $538K | Sep 1, 2026filed Sep 3, 2026 | 2d |
| Charles R. CrispDirector | Sold | 3,000 | $290.23 | $871K | Aug 25, 2026filed Aug 26, 2026 | 1d |
| Waters S. Davis IVDirector | Sold · 6 lines | 2,400 | $299.67 | $719K | Aug 21, 2026filed Aug 25, 2026 | 2d |
| Charles R. CrispDirector | Sold | 10,602 | $255.96 | $2.7M | May 12, 2026filed May 13, 2026 | 1d |
| Robert MuraroChief Commercial Officer | Sold | 24,589 | $241.34 | $5.9M | Mar 5, 2026filed Mar 6, 2026 | 1d |
| Patrick J. McDonie | Sold · 2 lines | 31,537 | $239.36 | $7.5M | Mar 2, 2026filed Mar 4, 2026 | 2d |
| Benjamin James Branstetter | Sold · 2 lines | 3,258 | $238.83 | $778K | Mar 2, 2026filed Mar 3, 2026 | 1d |
| D. Scott Pryor | Sold · 4 lines | 17,500 | $228.92 | $4.0M | Feb 25, 2026filed Feb 27, 2026 | 2d |
| Lindsey CooksenDirector | Sold | 435 | $231.72 | $101K | Feb 26, 2026filed Feb 27, 2026 | 1d |
| Charles R. CrispDirector | Sold | 1,359 | $229.30 | $312K | Feb 24, 2026filed Feb 25, 2026 | 1d |
| Jennifer R. KnealePresident | Sold · 2 lines | 29,509 | $230.12 | $6.8M | Feb 24, 2026filed Feb 25, 2026 | 1d |
| Gerald R. Shrader | Sold | 2,750 | $181.21 | $498K | Dec 5, 2025filed Dec 9, 2025 | 2d |
| D. Scott Pryor | Sold | 20,000 | $172.21 | $3.4M | Nov 14, 2025filed Nov 18, 2025 | 2d |
| D. Scott Pryor | Sold | 20,000 | $165.35 | $3.3M | Aug 15, 2025filed Aug 19, 2025 | 2d |
One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| Joe Bob PerkinsDirector | Gift | 8,370 | Sep 3, 2026 |
| Brent B. Secrest | Stock award | 10,000 | Sep 1, 2026 |
| Charles R. CrispDirector | Gift | 1,200 | Aug 25, 2026 |
| Paul W. ChungDirector | Gift | 1,000 | Aug 20, 2026 |
| Robert MuraroChief Commercial Officer | Stock award | 20,000 | Aug 18, 2026 |
| Gerald R. Shrader | Tax withholding | 1,718 | Aug 1, 2026 |
| John Christopher EklofSenior VP and CAO | Tax withholding | 578 | Aug 1, 2026 |
| Benjamin James Branstetter | Tax withholding | 1,346 | Aug 1, 2026 |
| Thomas Joseph MathiasmeierDirector | Stock award | 477 | Jul 21, 2026 |
| Matthew J. MeloyChief Executive Officer | Gift | 15,000 | May 14, 2026 |
| Paul W. ChungDirector | Gift | 6,000 | May 12, 2026 |
| Benjamin James Branstetter | Tax withholding | 3,542 | Mar 1, 2026 |
| D. Scott Pryor | Gift | 14,604 | Feb 26, 2026 |
| Rene R. JoyceDirector | Gift | 4,000 | Feb 24, 2026 |
| Charles R. CrispDirector | Gift | 1,500 | Feb 24, 2026 |
| Matthew J. MeloyChief Executive Officer | Gift | 40,000 | Feb 24, 2026 |
| William A. ByersChief Financial Officer | Stock award | 7,237 | Jan 15, 2026 |
| John Christopher EklofSenior VP and CAO | Stock award | 1,566 | Jan 15, 2026 |
| Laura C. FultonDirector | Stock award | 1,030 | Jan 15, 2026 |
| Rene R. JoyceDirector | Stock award | 1,030 | Jan 15, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Congress trades in TRGP
20 disclosures of 21 on record · median 27d of the 45 allowedSince the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 24, 2026), not the member's result. Not investment advice.
| Member | Type | Action | Amount disclosed | Stock since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +39.3%S&P 500 +9.8% · +29.5 pts vs S&P 500 | Feb 10, 2026 | Mar 9, 2026 | 27d |
| Gilbert Ray Cisneros, Jr. | Stock | Sale | $1,001 - $15,000 | +71.0%After the saleS&P 500 +9.4% · +61.5 pts vs S&P 500 | Jan 9, 2026 | Feb 13, 2026 | 35d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +69.0%S&P 500 +11.3% · +57.7 pts vs S&P 500 | Dec 19, 2025 | Jan 12, 2026 | 24d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +77.3%S&P 500 +11.2% · +66.1 pts vs S&P 500 | Nov 12, 2025 | Dec 15, 2025 | 33d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +78.3%S&P 500 +15.1% · +63.2 pts vs S&P 500 | Nov 18, 2025 | Dec 15, 2025 | 27d |
| Lisa C. McClainSpouse | Stock | Purchase | $1,001 - $15,000 | +86.0%S&P 500 +20.9% · +65.2 pts vs S&P 500 | Jul 22, 2025 | Aug 13, 2025 | 22d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +87.6%After the saleS&P 500 +50.1% · +37.5 pts vs S&P 500 | Apr 4, 2025 | May 12, 2025 | 38d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +734.6%After the saleS&P 500 +126.8% · +607.8 pts vs S&P 500 | Feb 11, 2020 | Mar 9, 2020 | 27d |
| Susie LeeJoint | Stock | Sale | $1,001 - $15,000 | +694.7%After the saleS&P 500 +132.7% · +561.9 pts vs S&P 500 | Jan 29, 2020 | Feb 25, 2020 | 27d |
| Susie LeeJoint | Stock | Sale | $1,001 - $15,000 | +716.8%After the saleS&P 500 +132.0% · +584.8 pts vs S&P 500 | Jan 30, 2020 | Feb 25, 2020 | 26d |
| Susie LeeJoint | Stock | Purchase | $1,001 - $15,000 | +669.8%S&P 500 +152.5% · +517.3 pts vs S&P 500 | Sep 12, 2019 | Oct 21, 2019 | 39d |
| Susie LeeJoint | Stock | Purchase | $1,001 - $15,000 | +657.8%S&P 500 +152.6% · +505.2 pts vs S&P 500 | Sep 13, 2019 | Oct 21, 2019 | 38d |
| Susie LeeJoint | Stock | Purchase | $1,001 - $15,000 | +598.8%S&P 500 +153.4% · +445.4 pts vs S&P 500 | Sep 16, 2019 | Oct 21, 2019 | 35d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +711.3%After the saleS&P 500 +160.3% · +551.0 pts vs S&P 500 | Jun 25, 2019 | Jul 11, 2019 | 16d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +642.0%S&P 500 +167.9% · +474.1 pts vs S&P 500 | Mar 18, 2019 | Apr 11, 2019 | 24d |
| Susie LeeJoint | Stock | Sale | $1,001 - $15,000 | +641.3%After the saleS&P 500 +172.2% · +469.1 pts vs S&P 500 | Feb 27, 2019 | Mar 12, 2019 | 13d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +531.4%After the saleS&P 500 +173.5% · +357.9 pts vs S&P 500 | Feb 19, 2019 | Mar 8, 2019 | 17d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +641.3%After the saleS&P 500 +172.2% · +469.1 pts vs S&P 500 | Feb 27, 2019 | Mar 8, 2019 | 9d |
| Ro Khanna | Stock | Sale | $50,001 - $100,000 | +584.1%After the saleS&P 500 +212.4% · +371.7 pts vs S&P 500 | Jun 28, 2017 | Jul 12, 2017 | 14d |
| Ro Khanna | Stock | Sale | $15,001 - $50,000 | +518.2%After the saleS&P 500 +218.7% · +299.5 pts vs S&P 500 | May 4, 2017 | Jun 12, 2017 | 39d |
Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.
A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.
"Not captured" means the band or the transaction type on the original report is missing from our data.
"Dates conflict" marks a row whose disclosure is dated before its trade on the record we hold. Both dates are printed as filed, and no since-the-trade figure is computed from them.
Every Congress trade in TRGP, filterable by party, chamber, type and account.
Members of Congress reporting a position
2 members · estimate, as of Oct 20, 20262 members report a position (estimated). The largest estimated position is in the $1,001 - $15,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| Robert Bresnahan | Republican · House | $1,001 - $15,000 | 0.1% |
| Gilbert Ray Cisneros, Jr. | Democrat · House | $1,001 - $15,000 | <0.1% |
Estimate, as of Oct 20, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.
Questions
Are insiders buying or selling TRGP?
Across the 14 most recent open-market filings shown here, 0 were purchases and 14 were sales.
Which members of Congress have traded TRGP?
Gilbert Ray Cisneros, Jr., Lisa C. McClain, Ro Khanna and Susie Lee disclosed TRGP transactions in the filings shown here.
Which members of Congress hold TRGP?
2 members of Congress report a position in TRGP in the estimate we hold as of Oct 20, 2026. The estimated positions belong to Robert Bresnahan and Gilbert Ray Cisneros, Jr. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.
Is TRGP in the S&P 500 or the Nasdaq 100?
Targa Resources Corp. is a current member of the S&P 500, per the membership list we hold as of Oct 26, 2026. Current members of either index get a page here whatever their filing history.
How quickly are TRGP trades disclosed?
Insider filings on this page reached the public a median of 2 business days after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows. Congressional disclosures took a median of 27 days, against the 45 the STOCK Act allows.
How to read a Form 4
A DECISION THE INSIDER MADE
COMPENSATION PLUMBING
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
