Targa Resources
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ShareCopied to clipboardTarga Resources is a company. It is a public company in Houston, the United States. It's current CEO is Matthew J. Meloy and is part of the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry.
Key facts
- city: Houston
- country: United States
- employees: 3,370 people
- revenues: 16.4B $
- company type: public
- sector: Energy
- industry: Oil, Gas & Consumable Fuels
- CEO: Matthew J. Meloy
- ESG score: Try Pro to see estimate
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Targa Resources is one of the companies in the United States, companies in Oil, Gas & Consumable Fuels, companies in Energy, companies in Houston and 3,456,808 companies in our database.
Talking Points
- Company Profile | Targa Resources Corp.
- The Investor Relations website contains information about Targa Resources Corp.'s business for stockholders, potential investors, and financial analysts.
- Energy to Deliver | Targa Resources is a growth-oriented provider of midstream services and is one of the largest independent midstream energy ...
- Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it 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. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.