Targa Resources Partners L.P.

Public Company, Headquarters Location
1000 Louisiana St., Ste. 4300, Houston, TX 77002-5036, United States
(713)584-1000, (713)584-1100 fax, http://www.targaresources.com

Primary SIC: Natural Gas Transmission, Primary NAICS: Pipeline Transportation of Natural Gas
Description: Targa Resources Partners LP is a growth-oriented Delaware limited partnership formed on October 26, 2006 by its parent company, Targa Resources, Inc. The company is engaged in the business of gathering, compressing, treating, and processing and selling natural gas. Targa conducts its business operations through two divisions: Natural Gas Gathering and Processing division, and the NGL Logistics and Marketing division. The Natural Gas Gathering and Processing segment gathers and processes natural gas from the Permian Basin, North Texas, the onshore region of the Louisiana Gulf Coast, and the Gulf of Mexico. Most of the NGLs Targa processes are supplied through its gathering systems, which consist of approximately 11,000 miles of natural gas pipelines. The remainder is supplied through third-party owned pipelines. Targa's processing plants include 16 facilities that it operates, as well as six facilities in which it has an ownership interest but are operated by others. The NGL Logistics and Marketing segment uses its extensive platform of integrated assets to fractionate, store, terminal, transport, distribute and market NGLs, typically under fee-based and margin-based arrangements. The company's natural gas gathering and processing operations are located in the Fort Worth Basin, the Permian Basin and in Southwestern Louisiana. The company currently operates in Texas, and Louisiana.Mining: Natural gas production.