Targa Resources Corp. (FRA:TAR)
Germany flag Germany · Delayed Price · Currency is EUR
151.35
+2.40 (1.61%)
Last updated: Apr 23, 2025

Targa Resources Company Description

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America.

It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil.

It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users.

In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas.

As of December 31, 2024, it leased and managed approximately 531 railcars; 131 tractors; and 6 vacuum trucks and 2 pressurized NGL barges, as well as owns 8 tractors.

Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Targa Resources Corp.
Country United States
Founded 2005
Industry Natural Gas Transmission and Distribution
Employees 3,370
CEO Matthew Meloy

Contact Details

Address:
811 Louisiana Street
Houston, Delaware 77002
United States
Phone 713 584 1000
Website targaresources.com

Stock Details

Ticker Symbol TAR
Exchange Frankfurt Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
SIC Code 4923

Key Executives

Name Position
Matthew Meloy Chief Executive Officer
William Byers Chief Financial Officer
Sanjay Lad Head of Investor Relations