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TRGP

Targa Resources Corp.

Sector: energyOil & Gas MidstreamNYSEMarket Cap: $49.66B

Targa Resources Corp. is a midstream energy company with significant executive branch exposure, holding positions in the portfolios of former President Trump and Governor Burgum.

Govt Dependence
5/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
BULLISH

BusinessWhat TRGP does

Targa Resources Corp. is a provider of midstream natural gas and natural gas liquid services, including gathering, processing, transportation, and fractionation. Its revenue is derived from fee-based contracts and commodity-based activities tied to natural gas and NGL volumes.

12 months past · 3 months futureTRGP activity timeline

$268$205$142 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $260.08 hi $146.30 lo $254.28 CONGRESS 30 INSIDERS 0 13F FUNDS 2 BILLS 39 Gilbert Ray Cisneros (D) · Purchase · 2026-02-10Gilbert Ray Cisneros (D) · Sale · 2026-01-09Gilbert Ray Cisneros (D) · Purchase · 2025-12-19Gilbert Ray Cisneros (D) · Purchase · 2025-11-18Gilbert Ray Cisneros (D) · Purchase · 2025-11-12Lisa C. McClain (R) · purchase · 2025-07-22Lisa C. McClain (R) · Purchase · 2025-07-22 S.881 · committee · 2025-09-10 MARKUP · House Foreign Affairs Subcommittee on Europe · 2026-05-19MARKUP · House Foreign Affairs Oversight and Intelligence Subcommitte · 2026-05-19MARKUP · House Foreign Affairs East Asia and Pacific Subcommittee · 2026-05-19MARKUP · House Science, Space, and Technology · 2026-05-20MARKUP · Senate Foreign Relations · 2026-05-20MARKUP · Senate Environment and Public Works Subcommittee on Clean Ai · 2026-05-20MARKUP · House Foreign Affairs · 2026-05-20MARKUP · · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · House Foreign Affairs Subcommittee on Western Hemisphere · 2026-05-20MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-05-21MARKUP · House Science, Space, and Technology Subcommittee on Environ · 2026-05-21MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 7 congressional trades shown · 0 insider buys · 0 13F filings · 1 past bill actions · 14 upcoming markups

Executive Branch ConflictsTRGP held by Trump-administration officials

Lifetime Government AwardsTRGP federal contracts

TRGP doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding TRGP

$2K
Total TRGP held by tracked 13F funds
2
Funds with TRGP positions
+2
Funds opened this quarter
ARK Investment Management $1K opened 2015-12-31
ARK Investment Management $1K opened 2015-09-30

Politicians Trading TRGPMembers of Congress with recent TRGP positions

3 politicians traded TRGP across 9 disclosed transactions totaling $72K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TRGP). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TRGP

2026-02-10 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2026-01-09 Gilbert Ray Cisneros D-California · house Sale $1,001 - $15,000
2025-12-19 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-11-18 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-11-12 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-07-22 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000
2025-07-22 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000
2025-04-04 Ro Khanna D-California · house sale $1,001 - $15,000
2025-04-04 Ro Khanna D-California · house Sale $1,001 - $15,000
2020-04-15 (unknown) sale $1,001 - $15,000
2020-04-15 (unknown) Sale (Full) $1,001 - $15,000
2020-02-11 Ro Khanna D-California · house Sale $1,001 - $15,000
30+ trades on file · most recent 2026-03-09

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

32
stock awards · $73.6M market value
2026-01-19 MELOY MATTHEW J Chief Executive Officer AWARD 133,905 sh $24.8M
2026-01-19 Kneale Jennifer R. President AWARD 48,558 sh $9.0M
2026-01-19 McDonie Patrick J. See Remarks AWARD 33,965 sh $6.3M
2026-01-19 Muraro Robert Chief Commercial Officer AWARD 33,965 sh $6.3M
2026-01-19 Pryor D. Scott See Remarks AWARD 33,965 sh $6.3M
2026-01-15 MELOY MATTHEW J Chief Executive Officer AWARD 32,828 sh $6.0M
2026-01-15 Kneale Jennifer R. President AWARD 14,927 sh $2.7M
2026-01-15 Muraro Robert Chief Commercial Officer AWARD 9,081 sh $1.7M
For TRGP, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting TRGPLive legislation impacting this stock

Political ProfileWhere TRGP sits in Washington

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STRUCTURAL: Executive branch exposure via two high-profile holdings (`get_executive_branch_exposure.by_ticker[0].holdings`) and committee alignment with a donor. EVIDENTIARY: Active congressional trading (7 trades by two members in 12 months) and a pattern of Republican donations. Net: Strong structural links offset by low evidentiary volume and no insider buying.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • High volume of energy-sector legislation
    U.S. Congress
    "`Recent bill_impacts` lists 8 bills with impact_ratios from 0.0003 to 0.0004."

Regulatory opportunities

  • Committee jurisdiction alignment with a donor
    Senate Committee on Commerce, Science, and Transportation
    "Donor Sen. Lummis is a member of the Senate Commerce Committee (`get_political_influence.donations[0].committees`)."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

Live signals + predictions for TRGP — for Founders

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Frequently AskedAbout TRGP & political exposure

Does Targa Resources Corp. (TRGP) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Targa Resources Corp.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own TRGP stock?
2 Trump cabinet members or senior White House staff have disclosed holdings in TRGP on their OGE 278 financial disclosures, including Donald J. Trump, Doug Burgum. See the Cabinet Conflicts panel for details.
Has Congress traded TRGP stock?
111 congressional trades by 12 unique members of Congress, most recently on 2026-02-10. See the Congressional Trading panel for politician-by-politician breakdown.
What is TRGP political risk profile?
Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: bullish. Donor party split: R 100% / D 0%.
How does GovGreed track TRGP political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TRGP data is updated daily from these official federal sources.