Targa Resources Partners

Targa Resources Partners Overview

Founded 2007
Founded
Status Public
Employees 2,130
Employees
Stock Symbol NGLSpA
Stock Symbol
Investments 7
Share Price $23.50 (As of Friday Closing)

Targa Resources Partners General Information

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 Transportation.

Contact Information

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

(As of Tuesday closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$23.50 $23.00 $6.47 - $27.54 52K

Targa Resources Partners Financials Summary

In Thousands,
USD
TTM 31-Mar-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
Revenue 8,420,600 8,671,100 10,484,000 8,814,900
EBITDA (792,900) 1,276,000 1,084,400 769,300
Total Assets 15,923,300 18,744,500 16,890,100 14,359,000
Total Debt 7,485,400 7,405,600 6,225,300 4,618,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Targa Resources Partners Valuation & Funding

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

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Targa Resources Partners Executive Team (10)

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

5 Former Executives

Targa Resources Partners Board Members (15)

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Name Representing Role Since
00000 000000 Self Chairman & Board Member 000 0000
000 0000000 Targa Resources Partners 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

Targa Resources Partners Acquisitions (7)

To view Targa Resources Partners‘s complete investment and acquisition history, request access >>
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