Targa Resources (NYSE:TRGP) Corp is a publicly traded energy infrastructure company that provides midstream services to natural gas and natural gas liquids (NGL) producers and consumers across the United States. The company specializes in the gathering, processing, treating, transportation and storage of natural gas, as well as the fractionation, transportation and marketing of NGL products such as ethane, propane and butane. Targa Resources serves a diverse customer base, including producers, refiners and petrochemical facilities, helping to connect upstream supply with downstream markets.
Through its integrated network of pipelines, processing plants, fractionators, storage terminals and marine facilities, Targa Resources delivers a full suite of midstream capabilities. The company’s processing and treating assets remove impurities and separate valuable NGL components before they enter fractionation and marketing channels. Its transportation infrastructure spans natural gas pipelines, NGL pipelines and marine terminals, allowing for flexible delivery to Gulf Coast export terminals, domestic petrochemical complexes and regional distribution hubs.
Targa Resources traces its roots to the mid-2000s and has grown organically and through strategic acquisitions to expand its footprint in key U.S. hydrocarbon basins. Today, the company operates extensively in the Permian Basin, South and West Texas, the Mid-Continent region and the Gulf Coast, with complementary facilities in the Appalachian basin. Headquartered in Houston, Texas, Targa Resources combines geographic diversity with a vertically integrated asset base to support evolving energy markets and enable reliable, cost-effective midstream services.
