Organization and Operations

9 Months Ended

Sep. 30, 2018

Organization [Abstract]

Organization and Operations

Note 1 — Organization and Operations

Our Organization

Targa Resources Corp. (“TRC”) is a publicly traded Delaware corporation formed in October 2005. Our common stock is listed on the New York Stock Exchange under the symbol “TRGP.” In this Quarterly Report, unless the context requires otherwise, references to “we,” “us,” “our,” “the Company” or “Targa” are intended to mean our consolidated business and operations.

Our Operations

The Company is 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, terminaling and selling crude oil; and

• storing, terminaling and selling refined petroleum products.

See Note 22 – Segment Information for certain financial information regarding our business segments.