Targa Resources Corp.
Targa Resources Appoints New Director with Extensive Industry Experience
Summary
On July 16, 2026, Targa Resources Corp. announced the appointment of Thomas Mathiasmeier to its Board of Directors as a Class II Director, effective immediately. Mr. Mathiasmeier, who recently retired as President, Global Gas, Power & Emerging Markets at ConocoPhillips, brings extensive experience in natural gas marketing, trading, LNG, power, origination, midstream, and international commercial operations. He will also serve on the Board's Audit Committee. As a non-employee director, Mr. Mathiasmeier will be compensated in accordance with the Company's policies for non-employee directors, including a pro-rated restricted stock award of 477 shares. Additionally, the Company has entered into an indemnification agreement with Mr. Mathiasmeier to protect him against liabilities arising from his service to the Company.
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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
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