Begin operations of the first new fractionation train in Mont Belvieu
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 8 Nov 2018
- Due
- 31 Mar 2020
- Delivered
- 31 Mar 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“construct two new 110 thousand barrels per day (“MBbl/d”) fractionation trains in Mont Belvieu, Texas, which are expected to begin operations in the first and second quarter of 2020, respectively.”
What we found
Evidence strength A What the grades mean
Filings say Train 7 began operations late in the first quarter of 2020, on or before the March 31, 2020 deadline. The exact day is not stated.
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A Targa Resources 8-K filed 2020-05-07
“has commenced operations on its 110 thousand of barrel per day (“Mbbl/d”) Train 7 fractionator in Mont Belvieu” ✓ confirmed on the page
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A Targa Resources 10-Q filed 2020-05-07
“Train 7 began operations late in the first quarter of 2020.” ✓ confirmed on the page
-
A Targa Resources 10-Q filed 2020-05-07
“higher fractionation volumes as a result of the commencement of operations of Train 6 in the second quarter of 2019 and Train 7 in the first quarter of 2020.” ✓ confirmed on the page
Market reaction: the shares moved +11.8% against the S&P 500 over the three sessions around the disclosure (6 May 2020 to 11 May 2020). What this measures
Checked 15 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +2282 days
- Scope drift +9.1%
- 4 versions
-
Version 1 · original · stated 8 Nov 2018
Deadline 31 Mar 2020 (“first quarter of 2020”) · target 110 MBbl/d · wording expected
-
Version 2 · stated 4 Aug 2022
Deadline 30 Jun 2024 (“second quarter of 2024”) · target 120 MBbl/d · wording expected
“Targa also announced today its plans to construct a new 120 thousand barrels per day (“MBbl/d”) fractionation train in Mont Belvieu, Texas (“Train 9”). Train 9 is expected to begin operations in the second quarter”
-
Version 3 · stated 4 May 2023
Deadline 31 Mar 2025 (“in the first quarter of 2025”) · wording expected
“Train 10 is expected to begin operations in the first quarter of 2025.”
-
Version 4 · stated 7 Aug 2025
Deadline 30 Jun 2026 (“in the second quarter of 2026”) · wording expected
“The Company now expects both its Delaware Express Pipeline and Train 11 fractionator to begin operations in the second quarter of 2026”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Production start
- Indicative materiality
- High rules
- Action
- Begin
- Deliverable
- fractionation train
- Target
- 110 MBbl/d
- Where
- Mont Belvieu, Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2018-TRGP-010295 · Corrections policy