Targa Resources Posts Record Q2 2026 Earnings as U.S. Energy and Mining Firms Announce Major Moves

Targa Resources Corp. reported record second‑quarter 2026 adjusted EBITDA of $1.603 billion, a 38% year‑over‑year increase, and announced a 25% higher quarterly dividend. The company also began operations of its Train 11 fractionator, Delaware Express NGL Pipeline expansion, and a new processing plant in the Permian.

Janus Henderson Group PLC increased its stake in Canadian uranium miner NexGen Energy by 107%, holding about 0.12% of the company after purchasing an additional 413,061 shares worth roughly $9.2 million.

Pacer Advisors Inc. reduced its holding in utility Exelon Corporation by 43%, selling 84,213 shares and ending the quarter with 110,593 shares valued at about $5.4 million.

American Uranium Limited announced an updated mineral resource estimate for its Lo Herma ISR uranium project in Wyoming, raising total resources to 9.96 million lbs U₃O₈ and boosting indicated resources by 72% to 4.7 million lbs U₃O₈ ahead of a planned scoping study.