Targa Resources Corp. operates in the midstream energy sector, focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGL). Its revenue is derived from two main segments: Gathering and Processing (approximately 60%) and Logistics and Transportation (approximately 40%). Customers include multi-state retailers, independent retailers, refineries, and petrochemical companies. Factors supporting Targa's endurance include its extensive pipeline network and diversified service offerings, while potential limitations may arise from regulatory changes and fluctuations in energy prices.
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Targa Resources Corp. operates in the midstream energy sector, focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGL). Its revenue is derived from two main segments: Gathering and Processing (approximately 60%) and Logistics and Transportation (approximately 40%). Customers include multi-state retailers, independent retailers, refineries, and petrochemical companies. Factors supporting Targa's endurance include its extensive pipeline network and diversified service offerings, while potential limitations may arise from regulatory changes and fluctuations in energy prices.
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Daily adjusted close
Targa Resources Corp. operates in the midstream energy sector, focusing on the gathering, processing, and transportation of natural gas and natural gas liquids (NGL). Its revenue is derived from two main segments: Gathering and Processing (approximately 60%) and Logistics and Transportation (approximately 40%). Customers include multi-state retailers, independent retailers, refineries, and petrochemical companies. Factors supporting Targa's endurance include its extensive pipeline network and diversified service offerings, while potential limitations may arise from regulatory changes and fluctuations in energy prices.