Targa Resources Corp - Company Profile
Powered by 
All the sales intelligence you need on Targa Resources Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Targa Resources Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Targa Resources Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Targa Resources Corp (Targa) is an independent midstream oil and gas company. Its business operations include gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGLs) and NGL products; gathering, storing, terminaling and selling crude oil; and storing and selling refined petroleum products. Targa owns, operates, acquires, and develops a portfolio of complementary midstream energy assets. The company operates field gas gathering and processing assets in the Permian Basin; the Eagle Ford Shale; Anadarko, Ardmore, and Arkoma Basin in Oklahoma; the Williston Basin in North Dakota; and the Barnett Shale in North Texas. Targa is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
811 Louisiana Street, Suite 2100, Houston, Texas, 77002
Website
www.targaresources.com
Telephone
1 302 6587581
No of Employees
3,570
Industry
Energy and Utilities
Ticker Symbol & Exchange
TRGP (NYSE)
Revenue (2024)
$17.0B
3.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
46.6%
(2024 vs 2023)
Market Cap*
$57.6B
Net Profit Margin (2024)
XYZ
41.0%
(2024 vs 2023)
* As of and is in US$
Targa Resources Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Gathering |
| Crude Oil | Compressing |
| Ethane | Treating |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired Stakeholder Midstream LLC for US$1.25 billion. |
| 2025 | Contracts/Agreements | In April, the company and WPC finalize investment for Traverse Pipeline construction. |
| 2024 | Contracts/Agreements | In July, the company's affiliate entered into a partnership with WPC Joint Venture to build the Blackcomb Pipeline. |
Competitor Comparison
| Key Parameters | Targa Resources Corp | Enbridge Inc | EnLink Midstream LLC | Enable Midstream Partners LP | Boardwalk Pipeline Partners LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | Canada | United States of America | United States of America | United States of America |
| City | Houston | Calgary | Dallas | Oklahoma City | Houston |
| State/Province | Texas | Alberta | Texas | Oklahoma | Texas |
| No. of Employees | 3,570 | 14,500 | 1,072 | 1,706 | 1,290 |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul W. Chung | Chairman | Executive Board | 2021 | 64 |
| Matthew J. Meloy | Chief Executive Officer; Director | Executive Board | 2020 | 46 |
| William A. Byers | Chief Financial Officer | Senior Management | 2024 | 48 |
| J. Christopher Eklof | Chief Accounting Officer; Senior Vice President | Senior Management | 2025 | 55 |
| Robert M. Muraro | Chief Commercial Officer | Senior Management | 2018 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer