Free · no account · quoted from the filing

What changed in TRGP's 10-Q

Source: 10-Q filed 2026-05-07 · compared against 10-Q 2025-11-05. Every passage below is quoted verbatim from the filing itself.

Acquisitions

This filing

In January 2026, we completed the acquisition of all of the membership interests in Stakeholder Midstream, LLC for a purchase price of $1.25 billion

Debt and financing

This filing

We used $650.0 million in borrowings from our Commercial Paper Program and $600.0 million from our Securitization Facility to fund the Stakeholder Acquisition

Derivative risk

This filing

At March 31, 2026, the notional volumes of our commodity derivative contracts were: Natural Gas Swaps MMBtu/d 93,313...

Risk factors

This filing

our ability to access the capital markets on favorable terms, or at all, which depends on general market conditions

Accounting standards

This filing

In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832)...

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.