Targa Resources is a growth-oriented provider of midstream natural gas and NGL services, and is one of the largest independent midstream energy companies in the country. Our natural gas and NGL products services include gas gathering, processing, treating, fractionation, storage terminalling, and transportation throughout the United States to a very large and diverse customer base and are provided through our extensive portfolio of integrated midstream assets and experienced employee base.
Our gas gathering and processing asset locations provide us access to relatively stable natural gas supplies from the continued development of oil and gas producing regions including the Permian Basin, Fort Worth / Bend Arch Basin, South Louisiana Basin and deepwater, deep shelf Gulf of Mexico natural gas reserves.
Targa’s downstream NGL logistics assets are located in several states including Texas, Louisiana, California, and consist of fractionation, storage, terminalling, transportation and distribution. We either sell raw NGL mix or component NGLs to petrochemical and refining companies, retail distributors, or to marketers at market hubs from the east to west coast including the largest of which is located on the Texas Gulf Coast at Mont Belvieu, Texas, close to our fractionation and marine terminal facilities.
Our asset proximity to attractive producing regions, end-use markets and leading market hubs position us to capitalize on growth opportunities. We believe our significant scale, broad range of services, operational focus and competitive cost structure position us well to serve customers and to benefit from the importance of existing infrastructure in the growing U.S. energy market.
We also look to acquire strategically located midstream gathering, processing, transmission and NGL logistics assets in stable supply and demand areas, including the Gulf Coast, Gulf of Mexico, Mid-Continent and Rocky Mountain regions of the United States.