Targa Resources Corp. (TRGP)
NYSE · Common · CUSIP 87612G101
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Security Profile

Security Type
Common Stock
CUSIP
87612G101 (prev. 87611X105 )
Market Cap
Large Cap
IPO
12/7/2010 · $22.00/share
Previous Name
Targa Resources Investments Inc.
Business: Targa Resources Corp owns general and limited partner interests, including incentive distribution rights, in Targa Resources Partners, a publicly traded Delaware limited partnership that is a leading provider of midstream natural gas and natural gas liquid services in the United States. Their IDRs entitle them to receive increasing percentages, up to 48%, of all cash distributed by the Partnership. Their interests in the Partnership consist of a 2% general partner interest, which they hold through their 100% ownership interest in the general partner of the Partnership (Targa Resources GP LLC); all of the outstanding IDRs; and common units of the Partnership. Their primary business objective is to increase their dividends to their stockholders by assisting the Partnership in executing their business strategy. Their cash flows are generated from the cash distributions they receive from the Partnership.

Company Contact

CEO
Joe Bob Perkins
CFO
Jennifer R. Kneale
Headquarters
811 Louisiana Street, Suite 2100, Houston, TX 77002
Phone
713-584-1000
Fax
713-584-1100
Investor Relations
Sanjay Lad · 713-584-1000 · InvestorRelations@targaresources.com
SEC EDGAR Filings
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