Company Targa Resources Corp.

Equities

TRGP

US87612G1013

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-03-18 pm EDT 5-day change 1st Jan Change
107.4 USD +1.31% Intraday chart for Targa Resources Corp. +2.64% +23.59%

Business Summary

Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers of energy across the United States. The Company is primarily 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, 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.

Number of employees: 3,182

Sales per Business

USD in Million2022Weight2023Weight Delta
Logistics and Transportation
83.1 %
19,155 91.5 % 13,342 83.1 % -30.35%
Gathering and Processing
15.2 %
2,077 9.9 % 2,443 15.2 % +17.60%
Other
1.7 %
-302 -1.4 % 276 1.7 % -191.10%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
20,930 100.0 % 16,060 100.0 % -23.27%

Managers

Managers TitleAgeSince
Chief Executive Officer 46 06-02-28
Director of Finance/CFO 45 15-12-15
Chairman 64 05-10-26
Chief Operating Officer 64 15-11-11
Director/Board Member 76 05-10-26
Director/Board Member 63 02-12-31
Investor Relations Contact - 17-03-31
Treasurer - 11-12-31
Comptroller/Controller/Auditor 61 16-10-31
Corporate Officer/Principal 47 17-02-21

Members of the board

Members of the board TitleAgeSince
Director/Board Member 76 05-10-26
Director/Board Member 76 11-02-16
Director/Board Member 59 Feb. 25
Director/Board Member 63 02-12-31
Director/Board Member 76 05-10-26
Chairman 64 05-10-26
Chief Executive Officer 46 06-02-28
Director/Board Member 60 13-02-25
Director/Board Member 67 18-09-06
Director/Board Member 70 15-07-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 240,639,803 219,932,975 ( 91.40 %) 17,484,440 ( 7.266 %) 91.40 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
12.02 %
26,814,175 12.02 % 2 634 M $
BlackRock Advisors LLC
6.939 %
15,485,387 6.939 % 1 521 M $
14,505,888 6.500 % 1 425 M $
Harvest Fund Advisors LLC
4.231 %
9,442,728 4.231 % 928 M $
Wellington Management Co. LLP
3.386 %
7,556,482 3.386 % 742 M $
Tortoise Capital Advisors LLC
3.044 %
6,793,909 3.044 % 667 M $
Invesco Advisers, Inc.
3.023 %
6,745,418 3.023 % 663 M $
DWS Investment Management Americas, Inc.
2.392 %
5,337,568 2.392 % 524 M $
Geode Capital Management LLC
2.222 %
4,959,049 2.222 % 487 M $
BlackRock Life Ltd.
1.816 %
4,053,238 1.816 % 398 M $

Company contact information

Targa Resources Corp.

811 Louisiana Street Suite 2100

77002, Houston

+713 584 1000

http://www.targaresources.com
address Targa Resources Corp.(TRGP)