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Targa Resources Corporation (TRGP) gathers, compresses, processes and sells natural gas, as well as offers transportation and storage services for natural gas and natural gas liquids (NGLs).Gathering & Processing: Targa Resources seeks out new supplies of natural gas and crude oil in strategic areas across the U.S., including the Anadarko Basin, Ardmore Basin, Arkoma Basin, Bakken Shale, Barnett Shale, Eagle Ford Shale, Permian Basin and Three Forks. The company also has operations on the Gulf Coast of Louisiana and the Gulf of Mexico. Through this business, Targa Resources also operates 28,400 miles of natural gas pipelines and 42 processing plants.Logistics & Transportation: Targa Resources “downstream business” focuses primarily on transporting and converting mixed NGLs into NGL products. The company utilizes its Gran Prix NGL Pipeline, as well as 2,100 miles of pipeline to move the mixed NGLs. Through these pipelines, terminals and other transportation assets, Targa Resources markets its products throughout the U.S. The company also has 34 storage wells and boasts a leading position in the NGL hub in Mont Belvieu, Texas.Currently, the company operates more than 31,000 miles of natural gas pipelines and 53 processing plants, which service top natural gas and crude oil producing basins in the U.S. Targa Resources also utilizes the Grand Prix NGL Pipeline to transport mixed NGLs, as well as 34 storage wells and terminals.Turning to the financials, for full-year 2025, analysts are expecting earnings of $7.88 per share on revenue of $21.9 billion, up 38.5% from earnings of $5.69 per share and 18.5% from revenue of $18.48 billion in 2024.