Targa Resources Corp.
Targa Resources Appoints New Director and Indemnifies
Summary
Targa Resources Corp. announced on February 26, 2024, the retirement of director Robert B. Evans, who served since March 2016, and the appointment of Robert Keith Teague as a new Class I Director. Mr. Teague will serve until the 2026 annual meeting, will join the Audit and Compensation Committees, and will receive compensation in line with the company's policies for non-employee directors. Additionally, an indemnification agreement was entered to protect Mr. Teague against liabilities arising from his service.
Profitelligence Alerts
Get alerts for TRGP
Be first to know when Targa Resources Corp. files with the SEC.
Filing Categories
Advertisement
About Targa Resources Corp.
Targa Resources Corp. is a prominent midstream energy company focused on the processing, storage, transportation, and marketing of natural gas and natural gas liquids (NGLs). It plays a vital role in the energy sector by facilitating the efficient flow of these critical resources from production sites to end users. Targa Resources Corp. provides a variety of essential services including gathering and processing, which involves collecting natural gas from wells, separating impurities, and preparing it for transport. Additionally, the company is involved in fractionation, which divides mixed NGLs into individual hydrocarbons such as propane, butane, and ethane. Targa's operations are key to energy infrastructure, supporting industries that rely on natural gas and NGLs for power generation, manufacturing, and heating. With a significant presence in major U.S. shale basins, Targa Resources Corp. contributes to the country's energy supply chain stability and efficiency, making it a strategic player in the integration and distribution of energy resources across multiple markets.
Official SEC Documents
Advertisement