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Targa Resources Partners

2007 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
NGLSpA STOCK SYMBOL
7 INVESTMENTS
$26.96 SHARE PRICE (As of Friday Closing)
Description

Targa Resources Partners LP is a midstream natural gas company. It mainly operates, acquires and develop a diversified portfolio of complementary midstream energy assets. The company acts as a provider of midstream natural gas and NGL (Natural Gas Liquids) services as well as crude oil gathering and petroleum terminaling. The company's business activities include gathering, compressing, treating, processing and selling natural gas, storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to LPG (Liquefied Petroleum Gas) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. Targa divides its business into two segments Gathering and Processing, and Logistics and Marketing.

Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Primary Industry
Energy Production
Other Industries
Energy Refining
Energy Transportation
Stock Exchange
NYS
Primary Office
  • 1000 Louisiana Street
  • Suite 4300
  • Houston, TX 77002
  • United States

+1 (713) 000-0000
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Targa Resources Partners Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$24.20 - $27.49 $27.18 9.8K

Targa Resources Partners Financials Summary

In Thousands,
USD
TTM
30-Jun-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Revenue 9,878,800 10,484,000 8,814,900 6,690,900
EBITDA 1,079,800 1,084,400 769,300 762,200
Total Assets 18,252,700 16,890,100 14,359,000 12,744,900
Total Debt 6,534,500 6,225,300 4,618,000 4,452,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Targa Resources Partners Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Targa Resources Partners Acquisitions (7)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 000000 27-Feb-2015 000000000000000000 00.00 Energy Exploration 000 0000000
00000 00000000 000 27-Feb-2015 000000000000000000 00.00 Energy Exploration 00000 000000
000000 00000 00000 31-Dec-2012 000000000000000000 000 Energy Infrastructure 000 0000000
0000 0000 0000000 01-Mar-2011 000000000000000000 0000 Energy Storage 0000 00000
Venice Energy Services 14-Sep-2010 Merger/Acquisition 00000 Energy Refining 0000 00000
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Targa Resources Partners Subsidiaries (1)

Company Name Industry Location Founded
00000 000000 Energy Exploration Pittsburgh, PA 0000
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Targa Resources Partners Executive Team (10)

Name Title Board
Seat
Contact
Info
John Sparger Chief Accounting Officer & Senior Vice President
Barry Pearl Director
Joe Perkins Chief Executive Officer & Board Member
Matthew Meloy Chief Financial Officer & Executive Vice President
D. Scott Pryor Executive Vice President

5 Former Executives

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Targa Resources Partners Board Members (15)

Name Representing Role Since Contact
Info
00000 000000 Self Chairman & Board Member 000 0000
000 0000000 Self Chief Executive Officer & Board Member 000 0000
0000000 0000 Targa Resources Partners Board Member & Vice Chairman 000 0000
0000 00000 Self Board Member 000 0000
000000 00000 Self Board Member 000 0000

9 Former Board Members

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