With a market cap of $40.3 billion, Houston, Texas-based Targa Resources Corp. (TRGP) is a leading energy infrastructure company specializing in integrated midstream services across North America. Its diverse portfolio includes gathering, processing, transporting, storing, and selling natural gas and NGLs and logistics services to refiners, petrochemical companies, and exporters.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Targa Resources fits this criterion perfectly, exceeding the mark. With a strong presence in the Permian Basin and the Mont Belvieu NGL hub, Targa Resources plays a pivotal role in American energy growth, supported by its Grand Prix NGL pipeline and advanced LPG export facilities at Galena Park Marine Terminal.
