Targa Resources Corp. (LON: 0LD9)
London flag London · Delayed Price · Currency is GBP · Price in USD
175.09
+1.43 (0.82%)
Dec 23, 2024, 5:25 PM BST

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 midstream 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, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges.

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

Targa Resources Corp.
Country United States
Founded 2005
Industry Oil & Gas Energy
Sector Energy
Employees 3,182
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 0LD9
Exchange London Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number US87612G1013
SIC Code 4923

Key Executives

Name Position
Matthew J. Meloy Chief Executive Officer and Director
Jennifer R. Kneale President of Finance and Administration
D. Scott Pryor President of Logistics and Transportation
Patrick J. McDonie President of Gathering and Processing
Robert M. Muraro Chief Commercial Officer
William A Byers Executive Vice President and Chief Financial Officer
Julie H. Boushka Senior Vice President and Chief Accounting Officer
Sanjay Lad C.F.A. Vice President of Finance and Investor Relations
Gerald R. Shrader Executive Vice President, General Counsel and Secretary
Denny Latham Executive Vice President of Permian and General Partner