Targa Resources
Targa Resources is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020. History and Acquisitions. Targa Resources was founded on October 27, 2005, and is headquartered in Houston, Texas. The company completed an IPO in February of 2007. Merrill Lynch & Co., UBS Investment Bank, Goldman Sachs & Co., and  Citigroup were the lead underwriters for the offering. In 2015, Targa Resources acquired Oklahoma-based Atlas Pipeline Partners LP and Atlas Energy LP. In 2017, Targa acquired Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC. In 2022, Targa acquired Bolt-On Assets for $200 million.