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Targa Resources Partners LP (NGLS)On Nov 20: 19.55   0.00 (0.00%)  
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Targa Resources Partners LP
1000 Louisiana
Suite 4300
Houston, TX 77002
United States - Map
Phone: 713-584-1000
Web Site: http://www.targaresources.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Pipelines
Full Time Employees:950

BUSINESS SUMMARY 
Targa Resources Partners LP, together with its subsidiaries, engages in gathering, compressing, treating, processing, and selling natural gas. The company also engages in fractionating and selling natural gas liquids (NGLs) and NGL products. It operates in the Fort Worth Basin/Bend Arch in north Texas, the Permian Basin of west Texas, and in southwest Louisiana. The company’s North Texas System includes a network of approximately 4,000 miles of pipelines that gather wellhead natural gas for the Chico and Shackelford natural gas processing facilities. Its San Angelo Operating Unit System covers approximately 4,000 square miles in west Texas, including approximately 1,350 miles of pipeline in the Permian Basin of west Texas; and the Mertzon, Sterling, and Conger processing plants in west Texas. The company’s the Louisiana Operating Unit System comprises approximately 850 miles of gathering system pipelines, covering approximately 3,800 square miles in southwest Louisiana between Lafayette and Lake Charles, the Gillis and Acadia processing plants, and an intrastate pipeline system. Targa Resources GP LLC serves as the general partner of the company. The company was founded in 2006 and is based in Houston, Texas. Targa Resources Partners LP is a subsidiary of Targa Resources, Inc.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Rene R. Joyce , 61
    Chief Exec. Officer of Targa Resources GP LLC of Targa Resources GP LLC
    $ 570.00K $ 0
    Mr. Joe Bob Perkins , 49
    Pres of Targa Resources Gp Llc - Gen. Partner
    $ 513.00K $ 0
    Mr. Jeffrey J. McParland , 55
    Chief Financial Officer of Targa Resources GP LLC, Exec. VP of Targa Resources GP LLC and Treasurer of Targa Resources GP LLC
    $ 447.00K $ 0
    Mr. Michael A. Heim , 61
    Chief Operating Officer of Targa Resources Gp Llc and Exec. VP of Targa Resources Gp Llc
    $ 475.00K $ 0
    Mr. James W. Whalen , 67
    Pres of Fin. & Admin. -Targa Resources GP LLC of Targa Resources GP LLC
    $ 513.00K $ 475.00K
    Dollar amounts are as of 31-Dec-08 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.
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