Targa Resources Corp. (LON:0LD9)
London flag London · Delayed Price · Currency is GBP · Price in USD
161.88
-5.71 (-3.41%)
At close: Aug 1, 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.
CountryUnited States
Founded2005
IndustryOil & Gas Energy
SectorEnergy
Employees3,370
CEOMatthew Meloy

Contact Details

Address:
811 Louisiana Street
Houston, Delaware 77002
United States
Phone713 584 1000
Websitetargaresources.com

Stock Details

Ticker Symbol0LD9
ExchangeLondon Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberUS87612G1013
SIC Code4923

Key Executives

NamePosition
Matthew J. MeloyChief Executive Officer and Director
Jennifer R. KnealePresident
D. Scott PryorPresident of Logistics and Transportation
Patrick J. McDoniePresident of Gathering and Processing
Robert M. MuraroChief Commercial Officer
William A. ByersChief Financial Officer
J. Christopher EklofSenior Vice President and Chief Accounting Officer
Sanjay Lad C.F.A.Vice President of Finance and Investor Relations
Gerald R. ShraderExecutive Vice President, General Counsel and Secretary
Denny LathamExecutive Vice President of Permian