Targa Resources Corp.
Market Cap
57B
Short interest (May 15)
2.1%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.25%
↑ 14.0%
Available Shares
3M
↓ 24.8%
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Company Overview
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
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