Targa Resources Corp. is a prominent midstream energy infrastructure company based in the United States. It plays a vital role in the energy supply chain by connecting natural gas and crude oil producers with end-use markets and refineries. As a publicly traded entity, Targa Resources operates through two main business segments: Gathering and Processing, and Logistics and Transportation.
In the Gathering and Processing segment, Targa manages extensive natural gas gathering systems and provides processing services that separate valuable liquids from raw natural gas, primarily in key regions like the Permian Basin and Eagle Ford Shale. The Logistics and Transportation segment focuses on the transportation and storage of crude oil and refined products, ensuring efficient logistics services that link production areas to refineries and markets. Targa Resources serves a diverse customer base, including independent and major oil and gas producers, refineries, and industrial energy consumers across North America.