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Targa Resources

Bring the Red Hills VI plant into service

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
17 Jun 2022
Due
30 Sep 2022
Delivered
September 2022
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Includes the 230 Mmcf/d Red Hills VI plant, which is estimated to be in service September 2022.”

What we found

Evidence strength A What the grades mean

Filings state the Red Hills VI plant commenced operations during, at the end of, the third quarter of 2022, in line with the September 2022 estimate.

  • A
    Targa Resources 8-K filed 2022-11-03 Regulatory filing · published 3 Nov 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint 91a4b8a54907
    “During the third quarter, Targa commenced operations at its new 275 million cubic feet per day (“MMcf/d”) Legacy plant in Permian Midland and its new 230 MMcf/d Red Hills VI plant in Permian Delaware.” ✓ confirmed on the page
  • A
    Targa Resources 10-Q filed 2022-11-03 Regulatory filing · published 3 Nov 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint f01b837639f5
    “The Red Hills VI plant commenced operations at the end of the third quarter of 2022.” ✓ confirmed on the page

Market reaction: the shares moved +5.1% against the S&P 500 over the three sessions around the disclosure (2 Nov 2022 to 7 Nov 2022). What this measures

Checked 15 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
In service
Indicative materiality
High rules
Action
Bring
Deliverable
Red Hills VI plant
Target
230 Mmcf/d
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. 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-010308 · Corrections policy

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