Targa Resources Corp is a leading energy infrastructure company in the United States. The company was founded in 2003 and is headquartered in Houston, Texas. Targa Resources operates in the midstream sector of the energy industry, focusing on the gathering, processing, storage, and transportation of natural gas, natural gas liquids (NGLs), and crude oil.
Targa Resources is primarily engaged in the gathering and processing of natural gas in various shale plays across the United States, including the Permian Basin, Bakken Shale, and Eagle Ford Shale. They also own and operate a significant network of NGL pipelines and storage facilities, transporting and storing these valuable hydrocarbons for their customers.
The company's midstream infrastructure includes natural gas gathering and processing plants, fractionation facilities for NGLs, storage terminals, and interstate and intrastate pipelines. They play a crucial role in connecting the production areas to end markets, providing the necessary infrastructure for the energy supply chain.
Over the years, Targa Resources has grown through acquisitions and expansions, strengthening its position as a leading midstream company in the United States. They have established strategic partnerships with producers, customers, and other midstream entities to facilitate the efficient movement and processing of energy resources.
As an essential part of the energy value chain, Targa Resources plays a critical role in supporting the growing demand for natural gas and NGLs in various industries, including petrochemicals, manufacturing, and power generation. With its extensive network of assets and commitment to operational excellence, Targa Resources continues to contribute significantly to the energy infrastructure of the United States.