Targa Resources Overview

  • Founded
  • 2003
Founded
  • Status
  • Public
  • Employees
  • 2,680
Employees
  • Stock Symbol
  • TRGP
Stock Symbol
  • Investments
  • 18
  • Share Price
  • $30.03
  • (As of Friday Closing)

Targa Resources General Information

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 over 850 bbl/d of net fractionation capacity and operates an LPG export terminal. The Grand Prix natural gas liquids pipeline also recently entered full service.

Contact Information

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 Refining
Energy Storage
Stock Exchange
NYS
Primary Office
  • 811 Louisiana
  • Suite 2100
  • Houston, TX 77002
  • United States
+1 (713) 000-0000
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Targa Resources Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$30.03 $31.07 $3.66 - $41.55 $6.88B 229M 2.45M -$7.84

Targa Resources Financials Summary

In Thousands,
USD
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 14,565,585 20,487,673 15,451,290 15,983,244
Revenue 8,161,400 8,671,100 10,484,000 8,814,900
EBITDA (562,200) 1,262,700 1,067,600 750,300
Net Income (1,700,300) (209,200) 1,600 54,000
Total Assets 16,052,100 18,815,100 16,938,200 14,388,600
Total Debt 7,914,100 7,869,600 6,660,300 5,053,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Targa Resources Valuation & Funding

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

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Targa Resources Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions i
Energy Marketing
Houston, TX
2,680 As of 2019
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Denver, CO
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Houston, TX
0000 As of 0000
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Targa Resources Competitors (19)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DCP Midstream Formerly PE-Backed Denver, CO 0000 00000 000000000 00000
00000000 000000 Corporation Houston, TX 0000 00.000 00000000000 00.000
000000 000000000 0 Formerly PE-Backed Oklahoma City, OK 0000 00.000 000000 - 000 00.000
000000 000000000 Private Equity-Backed Dallas, TX 0000 00000 000000000000 00000
0000000000 0000000 Corporation Houston, TX 000 00000 000000000 00000
You’re viewing 5 of 19 competitors. Get the full list »

Targa Resources Executive Team (13)

Name Title Board Seat Contact Info
Matthew Meloy Chief Executive Officer & Board Member
D. Scott Pryor President
Jennifer Kneale Chief Financial Officer, Finance
Jackie Curry Custody Chief Operator
Mike Penny Chief Information Officer & Vice President
You’re viewing 5 of 13 executive team members. Get the full list »

Targa Resources Board Members (17)

Name Representing Role Since
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 Board Member 000 0000
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Targa Resources Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Targa Resources Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 000000 000000 01-Apr-2018 000000000 00000000 00.00 Other Energy
00000 000000000 00 06-Feb-2018 00000 0000000 Other Energy 000 0000000
0000000 000 000000 29-Jan-2018 00000 0000000 Energy Production
0000 000000000 000 25-Jan-2018 00000 0000000 Other Energy
Little Missouri Four 25-Jan-2018 Joint Venture 00000 Alternative Energy Equipment
You’re viewing 5 of 18 investments and acquisitions. Get the full list »

Targa Resources Subsidiaries (1)

Company Name Industry Location Founded
00000 0000 000 000 Other Energy TX
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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 Targa Resources’s complete exits history, request access »