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.
| Country | United States |
| Founded | 2005 |
| IPO Date | Dec 7, 2010 |
| Industry | Oil & Gas Midstream |
| Sector | Energy |
| Employees | 3,182 |
| 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 |
| 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 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 |
| Gerald R. Shrader | Executive Vice President, General Counsel and Secretary |
| Denny Latham | Executive Vice President of Permian and General Partner |
| Joel Thomas | Senior Vice President of Finance and Treasurer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 15, 2024 | 144 | Filing |
| Nov 8, 2024 | 144 | Filing |
| Nov 8, 2024 | 144 | Filing |
| Nov 8, 2024 | 144 | Filing |
| Nov 8, 2024 | 144 | Filing |
| Nov 8, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Nov 5, 2024 | 10-Q | Quarterly Report |
| Nov 5, 2024 | 8-K | Current Report |
| Sep 26, 2024 | SD | Form - SD |
| Aug 27, 2024 | 8-K | Current Report |