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    Targa Resources Corp. (TRGP)

    62.18 Up 1.67(2.76%) 4:00PM EDT
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    Targa Resources Corp.
    1000 Louisiana Street
    Suite 4300
    Houston, TX 77002
    United States - Map
    Phone: 713-584-1000
    Fax: 713-584-1100
    Website: http://www.targaresources.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Pipelines
    Full Time Employees:1,350

    Business Summary 

    Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is involved in gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, terminaling, and selling NGLs and NGL products; gathering, storing, and terminaling crude oil and refined petroleum products. The company also purchases and resells component NGL products; sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; and provides transportation services to refineries and petrochemical companies in the Gulf Coast area. It operates approximately 11,400 miles of natural gas pipelines, including 12 owned and operated processing plants; and 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2014, the company leased and managed approximately 716 railcars; 75 owned and leased transport tractors; and 22 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas.

    Key Statistics

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    Corporate Governance 
    Targa Resources Corp.’s ISS Governance QuickScore as of Oct 1, 2015 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 8; Compensation: 4.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Joe Bob Perkins , 55
    Chief Exec. Officer and Director
    Mr. Michael A. Heim , 67
    Pres and Chief Operating Officer
    Mr. Matthew J. Meloy , 37
    Chief Financial Officer, Exec. VP and Treasurer
    Mr. Jeffrey J. McParland , 60
    Pres of Fin. & Admin.
    Mr. James W. Whalen , 73
    Exec. Chairman
    Mr. John Robert Sparger , 61
    Chief Accounting Officer and Sr. VP
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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