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Working at Targa Resources

Zippia score 4.5

Overview

JobsSalaryRevenueReviewsDemographicsCEO & Executives

Targa Resources overview

Industry
Oil & Energy
Revenue
$16.4B
Headquarters
Houston, TX
Employees
2,372
Founded in
Organization type
Public
Targa is a leading provider of midstream services and is one of the largest independent midstream energy companies in North America. They own, operate, acquire, and develop a diversified portfolio of complementary midstream energy assets. They are primarily engaged in the business of: - gathering, compressing, treating, processing, and selling natural gas - storing, fractionating, treating, transporting, and selling NGLs and NGL products, including services to LPG exporters - gathering, storing, and terminaling crude oil - storing, terminaling, and selling refined petroleum products. They believe their growth will be driven by continued organic growth investments across their diversified asset footprint. Their assets are not easily replicated and are strategically located in some of the most attractive basins in the U.S., and interconnected with key NGL markets and logistics centers. Their gathering and processing assets are across multiple shale and natural resource plays, including the Permian Basin, Barnett Shale, Bakken Shale, Eagle Ford Shale, Anadarko Basin, Arkoma Basin, onshore Louisiana and the Gulf of Mexico. They have a leading position at Mont Belvieu, the NGL hub of North America. They have the second largest fractionation ownership position at Mont Belvieu and world class LPG export facilities on the Gulf Coast at their Galena Park Marine Terminal, which is interconnected to Mont Belvieu.
The staff at Targa Resources come from unusually diverse demographic backgrounds. The company is 27.2% female and 48.8% ethnic minorities. Despite its diversity in other areas, Targa Resources employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 80.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Targa Resources has great employee retention with staff members usually staying with the company for 5.4 years.
A large energy company with 2,372 employees and an annual revenue of $16.4B, Targa Resources is headquartered in Houston, TX.

Targa Resources's mission statement

Our business objective is to target for acquisition, and subsequent improvement, strategically located midstream gathering, processing and transmission assets in stable supply and demand areas, primarily in the Gulf Coast, Gulf of Mexico, Mid-Continent and Rocky Mountain regions of the United States.

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3.7/5

Targa Resources employee reviews

Based on 3 ratings

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Targa Resources employee reviews

Targa Resources employee reviews
3.7/5

Based on 3 ratings

Work at Targa Resources? Share your experience.
Employee reviews
profile
5.0
A zippia user wrote a review on Jul 2023
Pros of working at Targa Resources

People I worked with and areas I worked

Cons of working at Targa Resources

Micro-management

Targa Resources benefits

Retirement and Vacation

Is this useful?
profile
1.0
A zippia user wrote a review on Sep 2021
Pros of working at Targa Resources

Use to be a great place to work. Upper management, has allowed , new management, and they have created a hostile work environment. Think twice before applying for a transport driver. Totally control, no lunch break allowed, and my account for every minute of your work day Terminal manager must approve a sick ,before hand. If you call in sick, good if he approve it.

Cons of working at Targa Resources

Micromanagement and the lies . Truck drivers are under constantly pressure, they watch you and call you , randomly. No trust to the employee whatsoever. On his view ,the job come first and family second.

Targa Resources benefits

Family Health benefits

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The team at Targa Resources

  • The key people at Targa Resources is Matthew J. Meloy.
Key people
Matthew J. Meloy

Targa Resources rankings

Targa Resources is ranked #39 on the Best Fortune 500 companies to work for in Texas list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Targa Resources salaries

Average Targa Resources salary
$50,337
yearly
$24.20 hourly
Updated March 14, 2024

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Targa Resources diversity

9.5
Diversity score
We calculated Targa Resources’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Targa Resources’s workforce.
Targa Resources diversity summary. Zippia estimates Targa Resources's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Targa Resources's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Targa Resources's workforce.
  • Targa Resources has 2,372 employees.
  • 27% of Targa Resources employees are women, while 73% are men.
  • The most common ethnicity at Targa Resources is White (51%).
  • 25% of Targa Resources employees are Hispanic or Latino.
  • 12% of Targa Resources employees are Black or African American.
  • The average employee at Targa Resources makes $50,337 per year.
  • Targa Resources employees are most likely to be members of the republican party.
  • Employees at Targa Resources stay with the company for 5.4 years on average.

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Targa Resources financial performance

9.7
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Targa Resources currently has 20.9B in revenue. Targa Resources's most recent quarter produced 3.9b (q3'2023).

Targa Resources annual revenue

$21B
$17B
$13B
$8B
$4B
$0
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Targa Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Targa Resources. The employee data is based on information from people who have self-reported their past or current employments at Targa Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Targa Resources. The data presented on this page does not represent the view of Targa Resources and its employees or that of Zippia.

    Targa Resources may also be known as or be related to Targa Resources, Targa Resources Corp, Targa Resources Corp. and Targa Resources Partners.