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Targa Resources was founded on October 27, 2005, and is headquartered in Houston, Texas. [4] [5] In 2015, Targa Resources acquired Oklahoma-based Atlas Pipeline Partners LP and Atlas Energy LP. [6] In 2017, Targa acquired Outrigger Delaware Operating, LLC, Outrigger Southern Delaware Operating, LLC and Outrigger Midland Operating, LLC. [7]
In 2006, Targa Resources signed an 11-year lease to occupy 101,600 square feet (9,440 m 2) of space in the Wells Fargo Plaza. Targa expanded from its subleased space and began to occupy floors 43 through 46. [12] With the expiration of the lease, Targa has since moved to 811 Louisiana.
This is a list of major companies or subsidiaries headquartered in Houston, Texas and Greater Houston. ... Targa Resources: 388: Westlake Chemical: 457: NOV Inc. 460:
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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
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The Energy Corridor is a business district in Houston, Texas, located on the west side of the metropolitan area between Beltway 8 and the Grand Parkway.The district straddles a 7-mile (11 km) stretch of Interstate 10 (the Katy Freeway) from Kirkwood Road westward to Barker Cypress Road and extends south along Eldridge Parkway to Briar Forest Drive.
Margins matter. The more Targa Resources (NYS: TRGP) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.