Targa Resources Corp. (TRGP) is a publicly traded company in the Energy sector, operating within the Oil & Gas Midstream industry. The company is headquartered in Houston, TX, United States. The current CEO is Matthew J. Meloy.
TRGP has IPO date of 2010-12-07, 3,370 full-time employees, listed on the NYSE, a market capitalization of $51.43B.
Targa Resources Corp., through its subsidiary Targa Resources Partners LP, is a midstream energy company that owns and operates a comprehensive portfolio of natural gas, natural gas liquids (NGL), and crude oil infrastructure across North America. The company operates through two main segments: Gathering and Processing, which handles natural gas compression, treatment, and processing; and Logistics and Transportation, which manages NGL fractionation, storage, and distribution, as well as crude oil terminaling and propane wholesale services. Targa's extensive asset base includes approximately 28,400 miles of natural gas pipelines, 42 processing plants, 34 storage wells with 76 million barrels of capacity, plus railcars, tractors, and pressurized barges for product transportation. The company provides critical midstream services to refineries, petrochemical companies, liquefied petroleum gas exporters, and retail propane distributors throughout North America, particularly in the Gulf Coast region. Founded in 2005 and headquartered in Houston, Texas, Targa Resources is a key infrastructure provider in the North American energy supply chain.
