Targa Resources, Inc. TRGP
Targa Resources Corp. (TRGP) is a leading provider of midstream services and one of the largest independent infrastructure companies in North America. The company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets primarily focused on the energy sector. Targa is engaged in the business of gathering, compressing, treating, processing, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGLs) and NGL products; and gathering, storing, and terminaling crude oil. It serves natural gas and crude oil producers by providing essential services to move these commodities from the wellhead to market, including petrochemical, industrial, commercial, and export markets. The company operates through two primary segments: Gathering and Processing, which involves gathering raw natural gas, removing impurities, and extracting NGLs; and Logistics and Transportation, which includes converting mixed NGLs into products, along with transporting, storing, fractionating, terminaling, and marketing these products.
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