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Private company

Targa Resources

Midstream energy company

Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

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Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020.3

Corporate structure

Targa Resources is part of a group headed by Targa Resources Corp.. 13 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Targa Resources Corp. Houston, Texas
    • Targa Resources DE
    • Grand Prix Pipeline LLC Subsidiary · Delaware, United States
    • Lasso Acquiror LLC Subsidiary · Delaware, United States
    • Targa Downstream LLC Subsidiary · Delaware, United States
    • Targa GP Inc. Subsidiary · Delaware, United States
    • Targa Midstream Services LLC Subsidiary · Delaware, United States
    • Targa Northern Delaware LLC Subsidiary · Delaware, United States
    • Targa Pipeline Mid-Continent Holdings LLC Subsidiary · Delaware, United States
    • Targa Pipeline Operating Partnership LP Subsidiary · Delaware, United States
    • Targa Pipeline Partners LP Subsidiary · Delaware, United States
    • Targa Resources Operating LLC Subsidiary · Delaware, United States
    • Targa Resources Partners LP Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

How it started

History and Acquisitions

Targa Resources was founded on October 27, 2005, and is headquartered in Houston, Texas.

In 2015, Targa Resources acquired Oklahoma-based Atlas Pipeline Partners LP and Atlas Energy LP. In 2017, Targa acquired Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC.

In 2022, Targa acquired Southcross Energy Operating LLC for $200 million.

Also that year, Targa announced plans to add a new 275 million cubic feet-per-day gas processing plant in the Midland Basin portion of the Permian Basin by the fourth quarter of 2023, in addition to the four plants it was already busy constructing in the region to service rising associated gas production in the region.

From Wikipedia’s article on Targa Resources, shared under CC BY-SA 4.0.3

Acquisitions

Targa Resources was founded on October 27, 2005, and is headquartered in Houston, Texas.

In 2015, Targa Resources acquired Oklahoma-based Atlas Pipeline Partners LP and Atlas Energy LP. In 2017, Targa acquired Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC.

In 2022, Targa acquired Southcross Energy Operating LLC for $200 million.

Also that year, Targa announced plans to add a new 275 million cubic feet-per-day gas processing plant in the Midland Basin portion of the Permian Basin by the fourth quarter of 2023, in addition to the four plants it was already busy constructing in the region to service rising associated gas production in the region.

From Wikipedia’s article on Targa Resources, shared under CC BY-SA 4.0.4

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.20,832,687$5.6B0.1%+291,114
State Street Corp14,226,166$3.8B0.1%+626,885
Wellington Management Group Llp14,176,394$3.8B0.7%−867,067
Vanguard Capital Management LLC14,015,559$3.8B0.1%+65,206
Vanguard Portfolio Management LLC11,697,574$3.1B0.1%−153,815
Harris Associates L P7,937,530$2.1B2.8%−785,673
Geode Capital Management, LLC6,083,486$1.6B0.1%+75,162
Norges Bank4,216,259$1.1B0.1%New
Blackstone Inc.3,601,933$965.8M3.2%+259,585
Morgan Stanley3,559,424$954.4M0.1%+341,275
Tortoise Capital Advisors, L.l.c.3,529,491$946.4M9.6%−17,270
Invesco Ltd.3,395,829$910.6M0.1%+360,923
Fmr LLC3,344,388$896.8M0.0%+665,282
Goldman Sachs Group Inc3,099,107$831.0M0.1%−27,255
Deutsche Bank Ag\3,025,248$811.2M0.2%+539,582
Bank Of America Corp /de/2,740,533$734.8M0.0%−411,460
Neuberger Berman Group LLC2,693,151$722.2M0.5%−16,745
Northern Trust Corp2,341,818$627.9M0.1%−129,310
Dimensional Fund Advisors LP2,289,971$614.1M0.1%+54,216
D. E. Shaw & Co., Inc.2,279,804$611.3M0.4%−148,221
Amundi2,222,046$595.8M0.1%+215,915
UBS Group AG1,842,684$494.1M0.1%−10,218
Charles Schwab Investment Management Inc1,820,259$488.1M0.1%+115,758
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1,424,643$382.0M0.1%−85,689
Bahl & Gaynor LLC1,400,158$375.4M1.7%−326,108

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

12 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Feb 10, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+18.7%Report
Jan 9, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000−48.6%Report
Dec 19, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+44.5%Report
Nov 18, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+49.7%Report
Nov 12, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000+52.7%Report
Jul 22, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+51.1%Report
Apr 15, 2020David A Perdue , Jr, SenateSale$1,001 - $15,000−3258.4%Report
Feb 19, 2020David A Perdue , Jr, SenatePartial sale$1,001 - $15,000−536.6%Report
Feb 10, 2020David A Perdue , Jr, SenatePartial sale$1,001 - $15,000−568.5%Report
Feb 10, 2020David A Perdue , Jr, SenatePartial sale$1,001 - $15,000−568.5%Report
Dec 9, 2019David A Perdue , Jr, SenateBuy$1,001 - $15,000+530.6%Report
Dec 9, 2019David A Perdue , Jr, SenateBuy$1,001 - $15,000+530.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Targa Resources is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTRI Resources Inc.2
  • CIK0001389168
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)4922 Natural Gas Transmission2
  • Business addressTarga Resources Partners Lp, 1000 Louisiana Street, Suite 4300, Houston, TX 770022
  • Phone713-584-10002
  • On EDGAR sinceFeb 8, 20072
  • Filings48 in all: 8-K (19), 10-Q (6), 4 (6), SC 13G/A (5), 10-K (2), SC 13G (2), 15-15D (1), 3 (1)2
    All 14 form types

    424B3 (1), 8-K/A (1), EFFECT (1), S-3ASR (1), S-4 (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2009
    Quarterly report (10-Q) Nov 9, 2009
    Latest 8-K (8-K) Dec 21, 2009

Sources

The numbers on this page point here. Each one links to the record it came from.

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