When was Targa Resources founded?

Targa Resources was founded in 2003 and raised its 1st funding round 6 years after it was founded.

Where is Targa Resources located?

Targa Resources is headquartered in Houston, United States. It is registered at Houston, Texas.

Who is the current CEO of Targa Resources?

Joe Bob Perkins and Matthew Meloy s of Targa Resources.

How many employees does Targa Resources have?

As of Sep 30, 2026, the latest employee count at Targa Resources is 2589.

Is Targa Resources a funded company?

Targa Resources is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 2009.

When was the latest funding round of Targa Resources?

Targa Resources' latest funding was a $***** Conventional Debt round on Jan 10, 2019, with participation from 0 investor.

What is the annual revenue of Targa Resources?

Annual revenue of Targa Resources is more than $1B as on Dec 31, 2025

Where does Targa Resources rank among its competitors?

Targa Resources ranks 14th amongst 910 active competitors, of which 42 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Dominion Energy, which secured $33.6M in May, 2025.

Who are the top competitors of Targa Resources?

Targa Resources' top competitors include Shell, Archrock and Dominion Energy. Among them, Dominion Energy secured the most recent funding round in May, 2025.

Targa Resources - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

In 2022, the company recorded annual revenues of $19.95B and a net profit of $1.11B

Website: targaresources.com
Email ID: *****@targaresources.com
Registered Address: Houston, Texas

Key Metrics

Founded Year

2003

Location

Houston, United States

Stage

Public

Latest Funding Round

Conventional Debt, Jan 10, 2019, $*****

Investors

Greenleaf Trust & 4 more

Ranked

14^th among 910 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

2,589 as on Sep 30, 2026

Investment & Acquisitions

Stakeholder Midstream & 2 more

Similar Companies

Shell & 1030 more

Exit Details

Public

View Targa Resources' full profile

Targa Resources is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TARGA Holding CIN: 50203157721 , Latvia, Active	Jul 25, 2018	€0 - €1M (As on Dec 31, 2024)	14 (As on Dec 31, 2020)	-
TARGA RESOURCES PARTNERS LP CIN: 1379661 , United States, Active	Oct 22, 2006	$1B+ (As on Dec 31, 2020)	-	-
TARGA RESOURCES CORP. CIN: 1389170 , United States, Active	Oct 26, 2005	$1B+ (As on Dec 31, 2025)	3182 (As on Dec 31, 2023)	-
TARGA RESOURCES CORP. CIN: 1389170 , United States, Active	Oct 26, 2005	-	-	-
TARGA BUSINESS CONSULTING LTD CIN: 5511339 , United Kingdom, Active	Jul 17, 2005	£0 - £1M (As on Sep 30, 2023)	1 (As on Sep 30, 2024)
TARGA RESOURCES LLC CIN: 141904332 , United States, Active	Dec 31, 1999	-	3421 (As on Dec 31, 2024)	-
Targa Resources CIN: - , Belgium, Active		-	-	-

Targa Resources got listed on Dec 07, 2010.

Click here to take a look at Targa Resources's IPO in detail

Targa Resources has raised funding over 4 rounds. Its first funding round was on Jun 2009. Targa Resources has 5 institutional investors.

Here is the list of recent funding rounds of Targa Resources:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 10, 2019	5759655	Conventional Debt	4018705	7097260	6749900	6905323
Mar 29, 2016	2495531	Post IPO	3162598	9599575	6960720	Energy Capital Partners & 2 more
2013	6327	Post IPO	5898	4426	4811	9021

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View details of Targa Resources's funding rounds and investors

Targa Resources' employee count trend

Targa Resources has 2,589 employees as of Sep 26. Here is Targa Resources's employee count trend over the years:

Employee count trend for Targa Resources

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Top competitors of Targa Resources include Shell, Archrock and Dominion Energy. Here is the list of Top 10 competitors of Targa Resources, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Gov & 4 others	78/100
2nd	Archrock 1954, Houston (United States), Acquired	Provider of natural gas compression solutions for midstream companies	$15M	New Enterprise Associates, Shasta Ventures ... & 4 others	73/100
3rd	Dominion Energy 1983, United States, Acquired	Producer and transporter of energy	-	TD Securities, Coast Funding & 7 others	73/100
4th	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 5 others	73/100
5th	Chevron 1879, Houston (United States), Acquired	Provider of oil & natural gas exploration, production, and refining services	-	Berkshire Hathaway, Alcor Fund & 7 others	69/100
6th	Eni Next 1953, Boston (United States), Public	Provider of exploration, production, and distribution services of oil & gas	-	B Capital Fund, Public Investment Fund & 4 others	69/100
7th	OMV Group 1956, Vienna (Austria), Acquired	Provider of oil & gas exploration and production services	-	ADNOC, ADNOC & 2 others	68/100
8th	Naturgy 1843, Madrid (Spain), Public	Provider of electricity distribution services	-	Global Infrastructure Partners, Corporacion Financiera Alba ... & 4 others	67/100
9th	Oneok 1906, Tulsa (United States), Public	Provider of natural gas operator and transportation services	-	-	67/100
10th	Gazprom 1989, Saint Petersburg (Russia), Public	Provider of natural gas & oil production, processing, and transportation services	-	Kingdom Holding Company, Mizuho Financial Group ... & 5 others	66/100
14th	Targa Resources 2003, Houston (United States), Public	Provides midstream natural gas and NGL services	-	Greenleaf Trust, Raymond James & 3 others	65/100

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Targa Resources has acquired 3 companies including Stakeholder Midstream, Lucid Energy and Southcross Energy Operating. Targa Resources has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 01, 2025	Acquisition	Stakeholder Midstream	2015	San Antonio (United States)
Jun 16, 2022	Acquisition	Lucid Energy	2011	Dallas (United States)
Mar 25, 2022	Acquisition	Southcross Energy Operating	2009	Dallas (United States)