Company Profile

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

NYSE:TRGP $46.49

Stock Quote

Change -1.01
Open 46.88
High 47.41
52 Week High 60.62
Volume 1,396,430
Minimum 20 minute delay.


% Change -2.126%
Close 47.50
Low 46.40
52 Week Low 39.59
Quote Time 4:02 PM ET

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Events & Presentations

Targa Resources Fourth Quarter 2017 Earnings Webcast and Presentation
Feb 15, 2018 at 11:00 AM ET
Targa Resources Investor Presentation
Feb 15, 2018
Targa Resources Development Joint Ventures Presentation
Feb 6, 2018

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Latest SEC Filings

IR Contact

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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