Can Targa Resources Finally Build A Competitive Edge With Largest Sour Gas Treating Capacity! 

Targa Resources Corporation (TRGP) delivered a robust performance in the second quarter of 2025, reinforcing its position in the energy infrastructure sector. The company’s results reflect strong execution and operational efficiency, matched with strategic positioning in key production areas. Financially, Targa reported adjusted EBITDA of $1.163 billion for the quarter, an 18% increase from the previous year. This growth was driven primarily by higher volumes in the Permian region and gains from their full ownership of the Badlands assets. However, the adjusted EBITDA remained roughly flat compared to the first quarter, impacted by lower marketing margins, a sequential decline in commodity prices, and a turnaround at their Mont Belvieu fractionation complex.