Welcome to Targa Resources
Targa Resources is a growth-oriented provider of midstream natural gas, NGL, terminaling and crude oil gathering services in the United States and is one of the largest independent midstream energy companies in the country. We are engaged in the business of (i) gathering, compressing, treating, processing, and selling natural gas; (ii) storing, fractionating, treating, transporting and selling NGLs and NGL products; (iii) gathering, storage and terminaling crude oil; and (iv) storing, terminaling and selling refined petroleum products. Targa Resources engages in these business activities throughout the United States to a large and diverse customer base.
We believe our near-term growth will be driven by significant organic growth investments as well as strong industry fundamentals for our existing businesses. We believe our assets are not easily duplicated and are located in active producing areas and near key NGL markets and logistics centers. Over the longer term, we expect our growth will continue to be driven by shale plays and by the deployment of shale exploration and production technologies in both liquids-rich natural gas and crude oil resource plays.
We believe that we are well positioned to execute our business strategies due to the following competitive strengths:
- Strategically located gathering and processing asset base
- Leading fractionation position
- Comprehensive package of midstream assets
- High quality and efficient assets
- Large, diverse business mix with favorable contracts and increasing fee-based business
- Financial flexibility
- Experienced and long-term focused management team
- Attractive cash flow characteristics
- Asset base well-positioned for organic growth