Targa Resources Corp
TRGP157.330USD
-0.919-0.58%
Close 05/06, 16:00（ET）Quotes delayed by 15 min
34.21BMarket Cap
26.95P/E TTM
More Details of Targa Resources Corp Company
Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.
Company Info
Company codeTRGP
Company nameTarga Resources Corp
IPO dateDec 07, 2010
Founded at2005
CEOMr. Matthew J. Meloy
Number of employees3370
Security typeOrdinary Share
Fiscal year-endDec 07
Address811 Louisiana, Suite 2100
CityHOUSTON
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code77002
Phone17135841000
Websitehttps://www.targaresources.com/
Company codeTRGP
IPO dateDec 07, 2010
Founded at2005
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Rene R. Joyce, J.D.
Mr. Rene R. Joyce, J.D.
Independent Director
Independent Director
777.83K
+0.13%
Mr. Matthew J. Meloy
Mr. Matthew J. Meloy
Chief Executive Officer, Director
Chief Executive Officer, Director
595.99K
+6.62%
Mr. Paul W. Chung
Mr. Paul W. Chung
Independent Chairman of the Board
Independent Chairman of the Board
513.67K
-1.89%
Mr. Patrick J. Mcdonie
Mr. Patrick J. Mcdonie
President - Gathering and Processing
President - Gathering and Processing
280.32K
+3.09%
Mr. Robert M. Muraro
Mr. Robert M. Muraro
Chief Commercial Officer
Chief Commercial Officer
164.28K
+5.40%
Mr. Joe Bob Perkins
Mr. Joe Bob Perkins
Independent Director
Independent Director
158.13K
-52.58%
Mr. Charles Richard Crisp
Mr. Charles Richard Crisp
Independent Director
Independent Director
80.02K
+1.33%
Mr. Gerald R. Shrader
Mr. Gerald R. Shrader
Executive Vice President, General Counsel, Company Secretary
Executive Vice President, General Counsel, Company Secretary
34.33K
+15.95%
Ms. Laura C. Fulton, CPA
Ms. Laura C. Fulton, CPA
Independent Director
Independent Director
30.67K
+3.54%
Ms. Beth A. Bowman
Ms. Beth A. Bowman
Independent Director
Independent Director
20.61K
+4.29%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Rene R. Joyce, J.D.
Mr. Rene R. Joyce, J.D.
Independent Director
Independent Director
777.83K
+0.13%
Mr. Matthew J. Meloy
Mr. Matthew J. Meloy
Chief Executive Officer, Director
Chief Executive Officer, Director
595.99K
+6.62%
Mr. Paul W. Chung
Mr. Paul W. Chung
Independent Chairman of the Board
Independent Chairman of the Board
513.67K
-1.89%
Mr. Patrick J. Mcdonie
Mr. Patrick J. Mcdonie
President - Gathering and Processing
President - Gathering and Processing
280.32K
+3.09%
Mr. Robert M. Muraro
Mr. Robert M. Muraro
Chief Commercial Officer
Chief Commercial Officer
164.28K
+5.40%
Mr. Joe Bob Perkins
Mr. Joe Bob Perkins
Independent Director
Independent Director
158.13K
-52.58%
Revenue Breakdown
Currency: USDUpdate time: Sun, Apr 6
Currency: USDUpdate time: Sun, Apr 6
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021
FY2020
FY2019
FY2018
By BusinessUSD
Name
Revenue
Proportion
NGL
12.37B
75.53%
Gathering And Processing Fees
1.63B
9.97%
Natural Gas Sales
1.24B
7.58%
Condensate and crude oil
523.60M
3.20%
Storage Terminaling Transportation And Export Fees
497.90M
3.04%
Other
113.60M
0.69%
No Data
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
NGL
12.37B
75.53%
Gathering And Processing Fees
1.63B
9.97%
Natural Gas Sales
1.24B
7.58%
Condensate and crude oil
523.60M
3.20%
Storage Terminaling Transportation And Export Fees
497.90M
3.04%
Other
113.60M
0.69%
Shareholder
Update time: Fri, Feb 21
Update time: Fri, Feb 21
Shareholder Statistics
Type
Shareholder Statistics
Shareholder
Proportion
The Vanguard Group, Inc.
12.44%
BlackRock Institutional Trust Company, N.A.
6.61%
State Street Global Advisors (US)
6.40%
Wellington Management Company, LLP
5.91%
Geode Capital Management, L.L.C.
2.73%
Other
65.91%
Shareholder Statistics
Shareholder
Proportion
The Vanguard Group, Inc.
12.44%
BlackRock Institutional Trust Company, N.A.
6.61%
State Street Global Advisors (US)
6.40%
Wellington Management Company, LLP
5.91%
Geode Capital Management, L.L.C.
2.73%
Other
65.91%
Type
Shareholder
Proportion
Investment Advisor/Hedge Fund
48.51%
Investment Advisor
32.08%
Hedge Fund
4.55%
Pension Fund
2.47%
Research Firm
2.41%
Bank and Trust
1.83%
Individual Investor
1.52%
Sovereign Wealth Fund
1.39%
Insurance Company
0.09%
Other
5.14%
Institutional Shareholding
Update time: Sun, Jan 19
Update time: Sun, Jan 19
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q1
1613
206.89M
95.37%
+376.39K
2024Q4
1580
206.67M
94.75%
-509.06K
2024Q3
1452
203.85M
93.03%
-6.48M
2024Q2
1380
207.34M
93.52%
-8.14M
2024Q1
1322
211.01M
94.82%
-5.69M
2023Q4
1292
212.42M
95.26%
-4.25M
2023Q3
1234
210.72M
94.18%
-4.46M
2023Q2
1203
210.90M
93.31%
-5.47M
2023Q1
1181
213.61M
94.40%
-9.57M
2022Q4
1133
212.50M
93.87%
-5.20M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
26.98M
12.4%
+173.42K
+0.65%
Dec 31, 2024
BlackRock Institutional Trust Company, N.A.
14.04M
6.45%
+437.21K
+3.21%
Dec 31, 2024
State Street Global Advisors (US)
13.89M
6.38%
-461.81K
-3.22%
Dec 31, 2024
Wellington Management Company, LLP
12.83M
5.9%
-2.28M
-15.08%
Dec 31, 2024
Geode Capital Management, L.L.C.
5.93M
2.73%
+212.99K
+3.73%
Dec 31, 2024
Harvest Fund Advisors LLC
4.68M
2.15%
-1.32M
-21.97%
Dec 31, 2024
Tortoise Capital Advisors, LLC
4.38M
2.01%
-334.83K
-7.11%
Dec 31, 2024
Neuberger Berman, LLC
2.96M
1.36%
+3.20K
+0.11%
Dec 31, 2024
Invesco Advisers, Inc.
2.94M
1.35%
-437.54K
-12.95%
Dec 31, 2024
Norges Bank Investment Management (NBIM)
2.83M
1.3%
+497.37K
+21.32%
Dec 31, 2024
View more
Related ETFs
Update time: Fri, May 2
Update time: Fri, May 2
Name
Proportion
Neuberger Berman Carbon Transition & Infra
13.4%
USCF Midstream Energy Income Fund
6.72%
Invesco Dorsey Wright Energy Momentum ETF
6.55%
ALPS Alerian Energy Infrastructure ETF
5.54%
Westwood Salient Enhanced Midstream Income ETF
5.53%
VanEck Energy Income ETF
5.21%
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
5.09%
Pacer American Energy Independence ETF
4.46%
Invesco S&P 500 Equal Weight Energy ETF
4.31%
Global X MLP & Energy Infrastructure ETF
4.24%
View more
Neuberger Berman Carbon Transition & Infra
Proportion13.4%
USCF Midstream Energy Income Fund
Proportion6.72%
Invesco Dorsey Wright Energy Momentum ETF
Proportion6.55%
ALPS Alerian Energy Infrastructure ETF
Proportion5.54%
Westwood Salient Enhanced Midstream Income ETF
Proportion5.53%
VanEck Energy Income ETF
Proportion5.21%
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
Proportion5.09%
Pacer American Energy Independence ETF
Proportion4.46%
Invesco S&P 500 Equal Weight Energy ETF
Proportion4.31%
Global X MLP & Energy Infrastructure ETF
Proportion4.24%
Dividend
A total of
2.01B
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Jan 17, 2025
TRGP.NB Interim Cash Dividend of gross USD 0.75 paid on Feb 14, 2025 going ex on Jan 31, 2025
Jan 31, 2025
Feb 14, 2025
Jan 31, 2025
Oct 10, 2024
TRGP.NB Final Cash Dividend of gross USD 0.75 paid on Nov 15, 2024 going ex on Oct 31, 2024
Oct 31, 2024
Nov 15, 2024
Oct 31, 2024
Jul 11, 2024
TRGP.NB Interim Cash Dividend of gross USD 0.75 paid on Aug 15, 2024 going ex on Jul 31, 2024
Jul 31, 2024
Aug 15, 2024
Jul 31, 2024
Apr 11, 2024
TRGP.NB Interim Cash Dividend of gross USD 0.75 paid on May 15, 2024 going ex on Apr 29, 2024
Apr 30, 2024
May 15, 2024
Apr 29, 2024
Jan 18, 2024
TRGP.NB Interim Cash Dividend of gross USD 0.5 paid on Feb 15, 2024 going ex on Jan 30, 2024
Jan 31, 2024
Feb 15, 2024
Jan 30, 2024
Oct 12, 2023
TRGP.NB Final Cash Dividend of gross USD 0.5 paid on Nov 15, 2023 going ex on Oct 30, 2023
Oct 31, 2023
Nov 15, 2023
Oct 30, 2023
Jul 13, 2023
TRGP.NB Interim Cash Dividend of gross USD 0.5 paid on Aug 15, 2023 going ex on Jul 28, 2023
Jul 31, 2023
Aug 15, 2023
Jul 28, 2023
Apr 13, 2023
TRGP.NB Interim Cash Dividend of gross USD 0.5 paid on May 15, 2023 going ex on Apr 27, 2023
Apr 28, 2023
May 15, 2023
Apr 27, 2023
Jan 19, 2023
TRGP.NB Interim Cash Dividend of gross USD 0.35 paid on Feb 15, 2023 going ex on Jan 30, 2023
Jan 31, 2023
Feb 15, 2023
Jan 30, 2023
Oct 13, 2022
TRGP.NB Final Cash Dividend of gross USD 0.35 paid on Nov 15, 2022 going ex on Oct 28, 2022
Oct 31, 2022
Nov 15, 2022
Oct 28, 2022
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data