The company's risk management position deteriorated significantly, with the net liability on derivative contracts increasing by over $270 million in a single quarter due to unfavorable natural gas price movements. This highlights extreme financial volatility and a potential need for more effective hedging strategies or risk management software.
Filing excerpt
The estimated fair value of our risk management position has moved from a net liability position of $66.9 million at December 31, 2025 to a net liability position of $341.8 million at March 31, 2026. The net liability position on our derivative contracts is primarily attributable to unfavorable movement in natural gas forward basis prices.
What this signalsFilings often name leadership changes, deals and spending plans.
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This page shows a preview. The full sec-10q 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/7693c195-2bc5-4121-a8e9-2c09846ffeb8 returns this record as JSON. POST /v1/companies/enrich returns every signal for targaresources.com.
{
"signal_id": "7693c195-2bc5-4121-a8e9-2c09846ffeb8",
"signal_type": "sec-10q",
"signal_subtype": "marginPressure",
"detected_at": "2026-05-12T09:24:55.138+00:00",
"company": {
"name": "Targa Resources",
"domain": "targaresources.com"
},
"data": {
"detail": "The company's risk management position deteriorated significantly, with the net liability on derivative contracts increasing by over $270 million in a single quarter due to unfavorable natural gas price movements. This highlights extreme financial volatility and a potential need for more effective hedging strategies or risk management software.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "Net liability position on derivative contracts at March 31, 2026",
"dollar_millions": 341.8
},
"summary": "Net liability on derivative contracts ballooned from $66.9M to $341.8M in Q1 2026.",
"excerpts": "The estimated fair value of our risk management position has moved from a net liability position of $66.9 million at December 31, 2025 to a net liability position of $341.8 million at March 31, 2026. The net liability position on our derivative contracts is primarily attributable to unfavorable movement in natural gas forward basis prices.",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1389170/000119312526211698/trgp-20260331.htm",
"filing_date": "2026-05-07",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "03/31",
"sales_relevance": "Efficiency tools needed",
"signal_category": "financial"
}
}
curl https://signals.autobound.ai/v1/signals/7693c195-2bc5-4121-a8e9-2c09846ffeb8 \
-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" \
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