This transaction consolidates 100% ownership and earnings of Targa Badlands. This move likely necessitates the full integration of financial, operational, and IT systems that may have been managed separately under the previous joint ownership structure.
Filing excerpt
In March 2025, we completed the acquisition of Blackstone’s 45% interest in Targa Badlands LLC (“Targa Badlands”) for aggregate consideration of $1.8 billion in cash (the “Badlands Transaction”).
What this signalsIntegration work after a deal often opens needs for new systems and services.
Vendors
sec-10kacquisitionCompletedGet every 10-K signal for Targa Resources and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Targa Resources this week?”
The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.
Sign up and spend your free credits on the companies you sell to.
This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/cc6d0926-147f-436e-9ca5-6c0b3a66d31a returns this record as JSON. POST /v1/companies/enrich returns every signal for targaresources.com.
{
"signal_id": "cc6d0926-147f-436e-9ca5-6c0b3a66d31a",
"signal_type": "sec-10k",
"signal_subtype": "acquisitionCompleted",
"detected_at": "2026-02-24T09:23:47.277+00:00",
"company": {
"name": "Targa Resources",
"domain": "targaresources.com"
},
"data": {
"detail": "This transaction consolidates 100% ownership and earnings of Targa Badlands. This move likely necessitates the full integration of financial, operational, and IT systems that may have been managed separately under the previous joint ownership structure.",
"metrics": {
"pct": 0.45,
"timeframe": "current_year",
"pct_context": "Interest acquired in Targa Badlands LLC",
"dollar_context": "Acquisition of Blackstone's 45% interest in Targa Badlands LLC",
"dollar_millions": 1800
},
"summary": "Targa completed $1.8B acquisition of remaining 45% stake in Targa Badlands in March 2025",
"excerpts": "In March 2025, we completed the acquisition of Blackstone’s 45% interest in Targa Badlands LLC (“Targa Badlands”) for aggregate consideration of $1.8 billion in cash (the “Badlands Transaction”).",
"relevance": 0.9,
"sentiment": "positive",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm",
"filing_date": "2026-02-19",
"filing_year": 2026,
"fiscal_year_end": "12/31",
"sales_relevance": "Active integration needs",
"signal_category": "strategic",
"vendors_mentioned": [
"Blackstone"
]
}
}
curl https://signals.autobound.ai/v1/signals/cc6d0926-147f-436e-9ca5-6c0b3a66d31a \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"targaresources.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.