Company

Targa Resources Corp.

Headquarters: Houston, TX, United States

Founded: 2005

Employees: 2,430

CEO: Mr. Matthew J. Meloy

NYSE: TRGP +0.02%

Market Cap

$19.57 Billion

USD as of Jan. 1, 2024

history Market Cap History

Targa Resources Corp. market capitalization over time

Evolution of Targa Resources Corp. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Targa Resources Corp.

Detailed Description

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. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company 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, purchasing, storing, terminaling, and selling crude oil. It 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, the company 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. It 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, the company leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

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Stocks & Indices

Targa Resources Corp. has the following listings and related stock indices.


Stock: NYSE: TRGP wb_incandescent

Stock: BMV: TRGP wb_incandescent

Stock: FSX: TAR wb_incandescent

Details

Headquarters:

811 Louisiana Street

Suite 2100

Houston, TX 77002

United States

Phone: 713-584-1000

Fax: 713-584-1100