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.
| Country | United States |
| Founded | 2005 |
| IPO Date | Dec 7, 2010 |
| Industry | Oil & Gas Midstream |
| Sector | Energy |
| Employees | 3,370 |
| CEO | Matthew Meloy |
Contact Details
Address: 811 Louisiana Street, Suite 2100 Houston, Texas 77002 United States | |
| Phone | 713 584 1000 |
| Website | targaresources.com |
Stock Details
| Ticker Symbol | TRGP |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001389170 |
| CUSIP Number | 87612G101 |
| ISIN Number | US87612G1013 |
| SIC Code | 4922 |
Key Executives
| Name | Position |
|---|---|
| Matthew J. Meloy | Chief Executive Officer and Director |
| Jennifer R. Kneale | President |
| 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 | Chief Financial Officer |
| J. Christopher Eklof | 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 |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 28, 2025 | 8-K | Current Report |
| Jun 18, 2025 | 8-K | Current Report |
| Jun 6, 2025 | 424B5 | Filing |
| Jun 6, 2025 | 8-K | Current Report |
| Jun 4, 2025 | FWP | Free Writing Prospectus |
| Jun 4, 2025 | 424B5 | Filing |
| May 21, 2025 | 8-K | Current Report |
| May 8, 2025 | 144 | Filing |
| May 8, 2025 | 144 | Filing |
| May 1, 2025 | 10-Q | Quarterly Report |