Targa Resources Corp. (TRGP) is a leading midstream energy company that owns and operates an extensive network of natural gas and natural gas liquids (NGL) infrastructure. The company provides services including gathering, compressing, processing, transporting, storing, and marketing natural gas and NGLs, supporting producers, refiners, and petrochemical customers across North America, particularly along the U.S. Gulf Coast. Targa Resources is headquartered in Houston, Texas, and operates through segments such as Gathering and Processing and Logistics and Transportation. The company has a market cap of around $51.4 billion.
Companies with a market cap above $10 billion are typically classified as large-cap stocks, and Targa Resources comfortably exceeds that threshold. The company maintains a strong operational footprint and is a key player in U.S. energy infrastructure.
