Company

Targa Resources Inc.

TRGPOil, Gas and Consumable Fuels

Targa Resources Inc., founded in 2008 and headquartered in Houston, Texas, is a diversified midstream energy company that provides natural gas processing, NGL fractionation, and pipeline…

Snapshot

Targa Resources Inc. is a oil, gas and consumable fuels company that has completed 8 disclosed acquisitions and reported $17.03B in latest-year revenue.

Sector
Oil, Gas and Consumable Fuels
Ticker
TRGP
Revenue (LTM)
$17.03B
Acquisitions
8
Operating margin
19.6%
Latest call
Q1 2026

Business description

Targa Resources Inc., founded in 2008 and headquartered in Houston, Texas, is a diversified midstream energy company that provides natural gas processing, NGL fractionation, and pipeline transportation services. The firm generates fee‐based revenues through long-term contracts with over 100 producers in regions such as the Permian Basin and Eagle Ford. Under the leadership of CEO Brian Sawyer since 2017, Targa maintains an estimated market share of 10-15% and is focused on strategic asset expansion and technology investments to drive future growth.

$17.03B
Revenue (LTM)
8
Acquisitions
19.6%
Operating margin
Q1 2026
Latest call

Financials

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Income statement, balance sheet and cash flow for Targa Resources Inc., with quarterly trend. Latest-year revenue $17.03B.

Revenue (FY2025) $17.03B
YoY growth +3.9%
Operating margin 19.6%
Direction Expanding
Gross margin 30.7%
Net margin 11.5%

Earnings Transcripts

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Quarter-by-quarter results and management commentary from the earnings calls. Most recent: Q1 2026.

Leadership & board

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Targa Resources Corp.'s leadership comprises 11 directors and 7 named executive officers, led by Matthew J. Meloy (Chief Executive Officer and Director). Names, tenure and backgrounds are sourced from the latest SEC proxy statement (DEF 14A).

Matthew J. MeloyChief Executive Officer and Director
Jennifer R. KnealePresident
Robert M. MuraroChief Commercial Officer
William A. ByersChief Financial Officer
Patrick J. McDoniePresident – Gathering and Processing
Benjamin J. BranstetterPresident – Logistics and Transportation
Gerald R. ShraderExecutive Vice President, General Counsel and Secretary
J. Christopher EklofSenior Vice President and Chief Accounting Officer
Paul W. ChungChairman of the Board of Directors
Beth A. BowmanDirector
Lindsey M. CooksenDirector
Charles R. CrispDirector
Waters S. Davis, IVDirector
Laura C. FultonDirector
Rene R. JoyceDirector
Caron A. LawhornDirector
Joe Bob PerkinsDirector
R. Keith TeagueDirector
SourcesSEC filings · company financials · earnings transcripts Last updated

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