Company Performance Metrics
Matthew Meloy: Chief Executive OfficerPast Role: Targa, Executive Vice President, Chief Financial Officer and Treasurer- James Whalen: General Partner
Targa is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. They own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets.
They are primarily engaged in the business of:
- gathering, compressing, treating, processing, and
selling natural gas
- storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters
- gathering, storing, and terminaling crude oil
- storing, terminaling, and selling refined petroleum products.
They believe their growth will be driven by continued organic growth investments across their diversified asset footprint. Their assets are not easily replicated and are strategically located in some of the most attractive basins in the U.S., and interconnected with key NGL markets and logistics centers. Their gathering and processing assets are across multiple shale and natural resource plays, including the Permian Basin, Barnett Shale, Bakken Shale, Eagle Ford Shale, Anadarko Basin, Arkoma Basin, onshore Louisiana and the Gulf of Mexico.
They have a leading position at Mont Belvieu, the NGL hub of North America. They have the second largest fractionation ownership position at Mont Belvieu and world class LPG export facilities on the Gulf Coast at their Galena Park Marine Terminal, which is interconnected to Mont Belvieu.
