Business description: Targa Resources Corp.

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 energy across the United States. The Company is 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, terminaling, 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: 3,370

Sales by Activity: Targa Resources Corp.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Logistics and Transportation

712.09Cr 1.62TCr 1.97TCr 1.37TCr 1.4TCr

Gathering and Processing

332.68Cr 742.55Cr 1.12TCr 723.15Cr 680.84Cr

Other

23Cr -12Cr -30Cr 28Cr -16Cr

Corporate and Eliminations

-241.71Cr -651.95Cr -975.69Cr -510.25Cr -429.27Cr
See all business segments

Executive Committee: Targa Resources Corp.

Manager TitleAgeSince
Chief Executive Officer 48 01/03/2020
Director of Finance/CFO 50 22/07/2024
Director of Finance/CFO 47 01/03/2018
Chief Operating Officer 66 12/11/2015
Investor Relations Contact - 01/04/2017
See TARGA RESOURCES CORP. governance

Composition of the Board of Directors: Targa Resources Corp.

Director TitleAgeSince
Chairman 78 01/01/2012
Chairman 65 01/03/2020
Director/Board Member 78 27/10/2005
Chairman 66 01/01/2021
Director/Board Member 48 01/03/2020
Director/Board Member 62 26/02/2013
Director/Board Member 72 21/07/2015
Director/Board Member 69 07/09/2018
Director/Board Member 43 01/06/2020
Director/Board Member 61 26/02/2024
Composition of the Board of Directors

Shareholders: Targa Resources Corp.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
13.22 %
2,83,82,289 13.22 % 5 237 M $
Wellington Trust Co., NA
9.151 %
1,96,43,139 9.151 % 3 624 M $
BlackRock Advisors LLC
7.599 %
1,63,11,404 7.599 % 3 009 M $
5.826 %
1,25,05,355 5.826 % 2 307 M $
Geode Capital Management LLC
2.712 %
58,21,850 2.712 % 1 074 M $
List of TARGA RESOURCES CORP. shareholders

Company details: Targa Resources Corp.

Targa Resources Corp.

811 Louisiana Street

77002, Houston

+713 584 1000

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

Other Oil & Gas Transportation Services

Change 5d. change 1-year change 3-years change Capi.($)
+0.02%+3.32%-9.41%+153.31% 4.11TCr
+0.90%-0.18%+2.42%+17.93% 10TCr
+1.95%+5.54%+9.19%+105.05% 7.78TCr
-0.45%+0.43%-1.87%+26.59% 7.18TCr
-0.40%+5.76%-2.99%+57.62% 6.61TCr
-0.72%-2.49%+6.34%+58.22% 5.65TCr
+1.69%+0.92%+13.87%+32.54% 5.49TCr
-0.71%+4.84%-25.64%+11.86% 4.94TCr
-0.85%-0.28%-8.91%+0.07% 2.74TCr
+1.30%+2.55%+3.84%+15.42% 2.31TCr
Average +0.27%+2.69%-1.32%+47.86% 5.72TCr
Weighted average by Cap. +0.37%+2.70%-0.10%+49.10%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
191.50USD
Average target price
212.05USD
Spread / Average Target
+10.73%
Consensus

Quarterly revenue - Rate of surprise

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