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Targa Resources Corp (NYSE:TRGP)

46.83
BATS BZX Real-Time Price
As of 11:08am ET
 +0.34 / +0.73%
Today’s Change
35.35
Today|||52-Week Range
61.83
-16.48%
Year-to-Date
SECTOR
Energy Minerals
INDUSTRY
Oil Refining/Marketing
MARKET CAP
$10.2B

Company Description

Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil and storing, terminaling, and selling refined petroleum products. It operates through the following segments: Gathering & Processing, and Logistics & Marketing. The Gathering & Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities; and assets used for crude oil gathering and terminaling. The Logistics & Marketing segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. Targa Resources was founded on October 27, 2005 and is headquartered in Houston, TX.

Contact Information

Targa Resources Corp.
1000 Louisiana Street
Houston Texas 77002-5005
P:(713) 584-1000
Investor Relations:

Employees

Shareholders

Other institutional42.28%
Mutual fund holders42.24%
Individual stakeholders3.74%

Top Executives

Bob PerkinsChief Executive Officer & Director
G. Clark WhiteExecutive VP-Engineering & Operations
Matthew J. MeloyChief Financial Officer & Executive Vice President
Paul W. ChungSecretary, Executive VP & General Counsel
John Robert SpargerSenior Vice President