Targa Resources Corp (NYSE:TRGP)

85.72
Delayed Data
As of Sep 29
 -1.72 / -1.97%
Today’s Change
58.60
Today|||52-Week Range
88.01
+16.63%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Gas Distributors
MARKET CAP
$18.9B

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 business segments: Gathering and Processing, and Logistics and Transportation. The Gathering and 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 and Transportation segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value-added services such as the storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters, and the storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded in October 2005 and is headquartered in Houston, TX.

Contact Information

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

Employees

Shareholders

Mutual fund holders52.18%
Other institutional40.58%
Individual stakeholders3.80%

Top Executives

Matthew J. MeloyChief Executive Officer & Director
G. Clark WhiteExecutive Vice President-Operations
Jennifer R. KnealeChief Financial Officer
Regina L. GregorySecretary, General Counsel & Executive VP
John R. KleinSenior Vice President