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4-Traders Homepage  >  Equities  >  Nyse  >  Targa Resources Corp    TRGP

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Business Summary
Provides midstream natural gas and natural gas liquid services

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 segments: Gathering & Processing, and Logistics & Marketing.

The Gathering & 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 & Marketing segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses.

Targa Resources was founded on October 27, 2005 and is headquartered in Houston, TX.
Sales per Businesses
USD (in Million)%USD (in Million)%
Marketing and Distribution4,22764%---
Field Gathering and Processing1,67725.4%---
Logistics Assets434.606.6%---
Coastal Gathering and Processing235.203.6%---
Other84.201.3%62.900.9% -25.3%
Logistics and Marketing--5,52083.1%-
Gathering and Processing--1,10916.7%-
Sales per Regions
USD (in Million)%USD (in Million)%
United States6,659100.7%6,691100.7% +0.49%
Joe Robert Perkins572005Chief Executive Officer & Director
James W. Whalen, MBA762005Executive Chairman
G. Clark White582015Executive VP-Engineering & Operations
Matthew J. Meloy, CFA402006Chief Financial Officer & Executive Vice President
Rene R. Joyce702005Director
Charles R. Crisp702005Independent Director
Chris Tong612006Independent Director
Ershel C. Redd, Jr.702011Independent Director
Laura C. Fulton, CPA542013Independent Director
Waters S. Davis IV, MBA642015Independent Director
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 219,415,922 214,711,905 97.9% 585,640 0.3% 97.9%
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Company contact information
Targa Resources Corp.
811 Louisiana
Suite 2100
Houston, TX 77002

Phone : +1.713.584.1000
Fax : +1.713.584.1100
Web : www.targaresources.com
Sector Oil & Gas Transportation Services - NEC
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