Targa is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. We own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets.
We are primarily engaged in the business of:
- gathering, compressing, treating, processing, and selling natural gas
- storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters
- gathering, storing, and terminaling crude oil
- storing, terminaling, and selling refined petroleum products.
Targa Investment Highlights
- Targa is a premier integrated midstream company that connects lowest cost commodity supply growth (associated natural gas and NGLs) to key demand markets
- Targa has the largest Gathering and Processing position in the Permian Basin with significant access to NGL supply
- Targa's Downstream business is connected to the US domestic NGL hub and international demand
- Targa's Grand Prix Pipeline enhances Targa's competitive capabilities to move volumes from the wellhead through the Targa value chain to key end markets
- Targa's growth program underway leverages its existing infrastructure, further strengthens its competitive advantage and is expected to deliver industry-leading returns
- Targa's strong balance sheet and liquidity position enhances its financial flexibility to execute growth program
- Targa is a simple structure (single C-corp public security) with excellent alignment with common shareholders
- 100% of the annual cash distribution to Targa (TRGP) common shareholders for tax year 2017 was a non-taxable return of capital
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Events & Presentations
Targa Resources Corp. and Targa Resources Partners LP will provide any respective shareholder or unitholder with a printed copy of it's latest Form 10-K free of charge upon request. Such requests should be directed in writing to Targa Resources, Attention: Investor Relations, 811 Louisiana Street, Suite 2100, Houston, TX 77000.
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