Targa Resources

TRGP · NYSE

$292.65−$0.15 (−0.05%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $292.80

About TRGP

Targa Resources Corp. engages in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas. The company is headquartered in Houston, Texas and currently employs 3,570 full-time employees. The company went IPO on 2010-12-07. The firm owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The firm is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.

Employees: 3,570
Headquarters: Houston, Texas
Listed: Dec 7, 2010
Sector: Energy
Industry: Oil, Gas & Consumable Fuels
Website: targaresources.com

Leadership

Targa Resources executives
Name	Title	Since	Age
Paul Chung	—	2005	65
Jennifer Kneale	—	—	46
Matthew Meloy	—	2010	47
William Byers	—	—	49
Patrick Mcdonie	—	—	64
D. Scott Pryor	—	—	62
Gerald Shrader	—	—	65
J. Eklof	—	—	56
Robert Muraro	—	—	48
Beth Bowman	—	—	68
Lindsey Cooksen	—	—	42
Charles Crisp	—	—	77
Waters Davis	—	—	71
Laura Fulton	—	—	61
Rene Joyce	—	2005	77
Caron Lawhorn	—	—	64
Joe Perkins	—	2005	64
Robert Teague	—	—	60

Revenue by product and region

Fiscal year ended Dec 31, 2021: $16.95B total revenue

By product

Sales of Commodities [Member]$15.60B92.1%
Fees from Midstream Services [Member]$1.35B7.9%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Targa Resources suppliers and customers
Company	Relationship	Country	Correlation
APA APA	Supplier and customer	US	0.98
EnLink Midstream ENLC	Supplier and customer	US	0.97
Chevron Corporation CVX	Customer	US	0.96
Williams Cos WMB	Supplier and customer	US	0.96
Pioneer Natural Resources PXD	Supplier and customer	US	0.96
EOG Resources, Inc. EOG	Customer	US	0.95
Marathon Petroleum MPC	Supplier and customer	US	0.94
ONEOK, Inc. OKE	Customer	US	0.92
MPLX MPLX	Supplier and customer	US	0.90
SandRidge Energy, Inc. SD	Supplier	US	0.89

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