Profile Previews

Get a glimpse into our company and investor data—powered by the PitchBook Platform

Targa Resources

Targa Resources
2003 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
TRGP STOCK SYMBOL
16 INVESTMENTS
$41.28 SHARE PRICE (As of Friday Closing)
Description

Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 638 bbl/d of net fractionation capacity and operates an LPG export terminal. The Grand Prix natural gas liquids pipeline also recently entered full service.

Formerly Known As
Targa Resources Investments, Targa Resources, Inc
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Marketing
Other Industries
Energy Storage
Energy Refining
Stock Exchange
NYS
Primary Office
  • 1000 Louisiana
  • Suite 4300
  • Houston, TX 77002
  • United States

+1 (713) 000-0000
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore Targa Resources’s full profile, request a free trial.

Targa Resources Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$32.00 - $48.78 $9.6B $41.26 -$1.43 1.99M 233M

Targa Resources Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 19,782,401 15,451,290 15,983,244 15,704,496
Revenue 8,794,900 10,484,000 8,814,900 6,690,900
EBITDA 1,157,000 1,067,600 750,300 752,200
Net Income (203,000) 1,600 54,000 (187,300)
Total Assets 18,918,500 16,938,200 14,388,600 12,871,200
Total Debt 7,537,700 6,660,300 5,053,000 4,881,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Targa Resources Valuation and Funding

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

This information is reserved for PitchBook Platform users. To explore Targa Resources‘s full profile, request access.

Request full access to PitchBook

Targa Resources Competitors (50)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Enterprise Products Partners Corporation Houston, TX 0000 000 000000000 00 000
000 000000000 Formerly PE-Backed Denver, CO 0000 00000 000000000 00000
000000 000000000 0 Corporation Oklahoma City, OK 0000 00.000 000000 - 000 00.000
000000 000000000 Private Equity-Backed Dallas, TX 0000 00000 000000000000 00000
000000 00000000 00 Corporate Backed or Acquired Dallas, TX 00000 00000 00000000 00000
To view this company’s complete list of competitors, request access »

Targa Resources Investments & Acquisitions (16)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 000000 000000 01-Aug-2018 000000000 00000000 000 Other Energy
00000 000000000 00 06-Feb-2018 00000 0000000 Other Energy 000 0000000
0000000 000 000000 29-Jan-2018 00000 0000000 Energy Production
000000 00000000 00 25-Jan-2018 00000 0000000 00000 Alternative Energy Equipment
Gulf Coast Express Pipeline Project 01-Jan-2018 Joint Venture Other Energy
To view this company’s complete investment and acquisition history, request access »

Targa Resources Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000 000000 0000 31-Jul-2008 0000000000 Completed
  • 2 buyers
000000000 0000000 30-Jun-2008 0000000000 Completed
  • 2 buyers
0000000000 0000000 16-Dec-2004 000000000 00000000 00000 Completed
  • 00000 000000000
0000000 000 000000 01-Jan-1998 00000 0000000 Completed
  • 00000 000000000
Venice Energy Services Secondary Transaction - Private Completed
To view this company’s complete exits history, request access »

Targa Resources Executive Team (14)

Name Title Board
Seat
Contact
Info
Joe Perkins Chief Executive Officer & Board Member
D. Scott Pryor President
Matthew Meloy President
Jeffrey McParland President, Finance & Administration
Jennifer Kneale Chief Financial Officer

3 Former Executives

You’re viewing 5 of 14 executives. Get the full list »

Targa Resources Board Members (16)

Name Representing Role Since Contact
Info
0000 000000 Targa Resources Board Member 000 0000
0000000 00000 Targa Resources Board Member 000 0000
00000 0000 Targa Resources Board Member 000 0000
000000 0000 00. Targa Resources Board Member 000 0000
00000 000000 Targa Resources Chairman & Board Member 000 0000

5 Former Board Members

You’re viewing 5 of 16 board members. Get the full list »