Targa Resources

Targa Resources Corp. is a North American midstream energy company that provides services for the gathering, compressing, treating, processing, and selling of natural gas, natural gas liquids (NGLs), and crude oil.

The company operates a vast network of assets, primarily located in key producing basins, that allows it to offer a comprehensive suite of midstream solutions to a diverse customer base of producers and marketers. Targa's business model is fee-based, generating revenue from long-term contracts for its gathering and processing services, which provides a stable and predictable cash flow stream. The company also engages in the marketing and transportation of NGLs and crude oil, capturing additional value from the commodities it handles.

By connecting producers to key demand markets, Targa plays a critical role in the North American energy value chain. The company's integrated and strategically located assets provide a competitive advantage in the regions it serves, enabling it to attract and retain customers and capitalize on the growing demand for energy infrastructure.

Keywords: midstream, natural gas, NGLs, crude oil, gathering, processing, transportation, energy infrastructure, fee-based, logistics