Targa Resources Corp.

Targa Resources Corp. operates a portfolio of midstream infrastructure assets across North America focused on the gathering, processing, transportation, and logistics of natural gas, natural gas liquids (NGL), and crude oil. The company provides services including gas gathering and compression, NGL fractionation and storage, crude oil terminaling, and related logistics operations. It also engages in the purchase and resale of NGL products and propane distribution to retailers and end-users.

The company's operations are organized into two primary segments. The Gathering and Processing segment handles natural gas compression, treatment, and processing, as well as NGL production and fractionation. The Logistics and Transportation segment manages the movement and storage of crude oil and NGL products, with particular focus on Gulf Coast operations serving refineries and petrochemical companies. This segment also includes railcar and truck fleet operations, with approximately 531 leased railcars and associated transportation equipment as of December 2024.

Targa Resources operates with approximately 3,570 full-time employees and maintains its corporate headquarters in Houston, Texas. The company's infrastructure footprint spans multiple states across North America, positioning it to serve producers and consumers across major hydrocarbon supply chains.