UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
TARGA RESOURCES CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-34991 | 20-3701075 | ||
| (State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
811 Louisiana St., Suite 2100
Houston, TX 77002
(Address of principal executive office and Zip Code)
Benjamin J. Branstetter
Chief Financial Officer
(713) 584-1000
(Name and telephone number, including area code, of the person to contact in connection with this report.)
Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:
| ☐ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2025. |
| ☒ | Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025. |
Section 2 – Resource Extraction Issuer Disclosure
| Item 2.01 | Resource Extraction Issuer Disclosure and Report |
Disclosure of Payments by Resource Extraction Issuer
The specified payment disclosure required by this Form is included as Exhibit 2.01 to this Specialized Disclosure Report on Form SD.
Section 3 – Exhibits
| Item 3.01 | Exhibits |
| Number |
Description | |
| 2.01 | Resource Extraction Payment Report as required by Item 2.01 of this Form. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| TARGA RESOURCES CORP. | ||||||
| Dated: September 17, 2026 | By: | /s/ Benjamin J. Branstetter | ||||
| Benjamin J. Branstetter | ||||||
| Chief Financial Officer | ||||||
Segment |
Project/Subnational Political Jurisdiction |
Resource/Extraction Method |
Governmental Recipient/Country |
Payment Type |
Total Payment Amount (in USD) |
Fiscal Year | ||||||
(1) |
(1) | / | Service/ | $ |
| (1) | The Federal Government levies income taxes at the Targa Resources Corp. level rather than on a per project basis. |