Begin operations at the Legacy II cryogenic natural gas processing plant
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
- 24 Feb 2022
- Due
- 30 Jun 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“construct a new 275 MMcf/d cryogenic natural gas processing plant in Permian Midland (the “Legacy II plant”), which is expected to begin operations in the second quarter of 2023.”
What we found
Evidence strength A What the grades mean
Later 10-Q and 10-K filings state the Legacy II plant commenced operations in the first quarter of 2023, before the June 30, 2023 deadline.
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A Targa Resources 10-Q filed 2023-08-03
“The Legacy II plant commenced operations late in the first quarter of 2023.” ✓ confirmed on the page
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A Targa Resources 10-K filed 2024-02-15
“The Legacy II plant commenced operations in the first quarter of 2023.” ✓ confirmed on the page
Market reaction: the shares moved +1.0% against the S&P 500 over the three sessions around the disclosure (2 Aug 2023 to 7 Aug 2023). 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 +1370 days
- 5 versions
-
Version 1 · original · stated 24 Feb 2022
Deadline 30 Jun 2023 (“in the second quarter of 2023”) · target 275 MMcf/d · wording expected
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Version 2 · stated 3 Nov 2022
Deadline 31 Mar 2024 (“the first quarter of 2024”) · wording expected
“the “Wildcat II plant”), which is expected to begin operations in the first quarter of 2024.”
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Version 3 · stated 2 May 2024
Deadline 31 Dec 2025 (“in the fourth quarter of 2025”) · wording expected
“The Pembrook II plant is expected to begin operations in the fourth quarter of 2025”
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Version 4 · stated 5 Nov 2025
Deadline 30 Sep 2027 (“third quarter of 2027”) · wording expected
“The Yeti plant is expected to begin operations in the third quarter of 2027.”
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Version 5 · stated 5 Nov 2025
Deadline 31 Mar 2027 (“first quarter of 2027”) · wording expected
“The Copperhead plant is expected to begin operations in the first quarter of 2027.”
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Version 6 · stated 19 Feb 2026
Deadline 31 Dec 2027 (“in the fourth quarter of 2027”) · wording expected
“Yeti II, which is expected to begin operations in the fourth quarter of 2027.”
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
- Legacy II plant
- Target
- 275 MMcf/d
- Where
- Permian Midland
- 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-2022-TRGP-010304 · Corrections policy