Targa Resources

Targa Resources is a growth-oriented provider of midstream services and is one of the largest independent midstream energy companies in North America.

We own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. Targa offers a dynamic work environment where you can learn, develop and grow. We encourage employee input and active involvement towards our continuous performance improvement in all areas of our business.With people as our priority, we are committed to safety and to providing the support required to help employees achieve their goals.

Company Growth (employees)
Houston, US
Size (employees)
1,970 (est)
Targa Resources was founded in 2006 and is headquartered in Houston, US

Key People/Management at Targa Resources

Joe Bob Perkins

Joe Bob Perkins

Chief Executive Officer
James Whalen

James Whalen

Executive Chairman
Paul Chung

Paul Chung

Executive Vice President, General Counsel and Secretary
Matthew Meloy

Matthew Meloy

Executive Vice President and Chief Financial Officer

Targa Resources Office Locations

Targa Resources has an office in Houston
Houston, US (HQ)
1000 Louisiana St

Targa Resources Financials and Metrics

Targa Resources Financials

Targa Resources's revenue was reported to be $6.7 b in FY, 2016

Revenue (Q2, 2017)

1.9 b

Net income (Q2, 2017)

70.6 m

EBIT (Q2, 2017)

37.2 m

Market capitalization (13-Dec-2017)

10.1 b

Cash (30-Jun-2017)

98.7 m


13.9 b
Targa Resources's current market capitalization is $10.1 b.
USDFY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016


6.6 b8.6 b6.7 b6.7 b

Revenue growth, %


Depreciation and amortization

185.5 m181 m


368.2 m640.5 m159.3 m55.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


1.6 b2.4 b2.1 b2.3 b1.7 b1.7 b1.6 b1.4 b1.6 b1.7 b2.1 b1.9 b

General and administrative expense

37.7 m38 m41.6 m43 m42.6 m49.2 m44.9 m45.3 m47 m46.1 m

Operating expense total

37.7 m38 m41.6 m43 m42.6 m49.2 m44.9 m1.4 b47 m46.1 m


88.5 m158.4 m150.3 m168.7 m137.3 m112.4 m115.3 m35.5 m66.3 m51.6 m50.5 m37.2 m
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


252.4 m188.4 m145.8 m76.3 m66.7 m81 m140.2 m73.5 m

Accounts Receivable

658.8 m567.3 m515.8 m674.6 m


150.7 m168.9 m141 m137.7 m

Current Assets

897.2 m882.6 m920 m1 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


105.7 m102.9 m114.5 m170.9 m141.1 m80 m98.7 m


124.8 m151.1 m61.7 m111 m150.3 m75.5 m197.7 m

Current Assets

963.5 m1 b715.9 m856.7 m976.7 m812.1 m914.9 m


9.7 b9.8 b9.7 b9.7 b9.7 b10 b10.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

201.3 m423 m(151.4 m)(159.1 m)


(84.5 m)(36.2 m)41.4 m(15.9 m)

Accounts Payable

83.6 m(104.7 m)(187.4 m)175.7 m

Cash From Operating Activities

382.7 m761.8 m1 b837.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

105.6 m106.9 m210.2 m330.7 m34.6 m59.7 m80.6 m(700 k)(15.2 m)(18.4 m)(110.5 m)(39.9 m)

Depreciation and Amortization

198.7 m79.6 m165.4 m253.1 m119.6 m191.1 m394.6 m


60.6 m(18.1 m)(117.8 m)102.4 m57.9 m31.2 m62.3 m12.4 m(27.8 m)53.7 m(68.6 m)

Accounts Payable

(5.5 m)7.8 m86.4 m80 m(91.2 m)(139 m)(139.9 m)(115.9 m)29.3 m89.1 m(196.9 m)(187.3 m)
Y, 2017


373.6 x


29.9 x
Show all financial metrics

Targa Resources Market Value History

Targa Resources's Web-traffic and Trends

Targa Resources Company Life and Culture

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