Matthew Meloy Biography and Net Worth

CEO of Targa Resources

Matthew J. Meloy has served as Chief Executive Officer and a director of the Company and the General Partner since March 1, 2020. Mr. Meloy previously served as President of the Company and the General Partner between March 2018 and March 2020. Mr. Meloy also served as Executive Vice President and Chief Financial Officer of the Company and the General Partner between May 2015 and February 2018. He also served as Treasurer of the Company and the General Partner until December 2015. Mr. Meloy previously served as Senior Vice President, Chief Financial Officer and Treasurer of the Company between October 2010 and May 2015 and of the General Partner between December 2010 and May 2015. He also served as Vice President—Finance and Treasurer of the Company between April 2008 and October 2010, and as Director, Corporate Development of the Company between March 2006 and March 2008 and of the General Partner between March 2006 and March 2008. He has served as Vice President—Finance and Treasurer of the General Partner between April 2008 and December 15, 2010. Mr. Meloy was with The Royal Bank of Scotland in the structured finance group, focusing on the energy sector from October 2003 to March 2006. Mr. Meloy’s extensive knowledge of the Company’s operational and strategic initiatives and capital investment program, attained from his service as President for two years and Chief Financial Officer for eight years, combined with his experience in the finance industry, brings operational, financial and capital markets experience to the Board.

What is Matthew J. Meloy's net worth?: The estimated net worth of Matthew J. Meloy is at least $120.15 million as of February 25th, 2025. Mr. Meloy owns 725,628 shares of Targa Resources stock worth more than $120,154,564 as of April 10th. This net worth approximation does not reflect any other assets that Mr. Meloy may own. Additionally, Mr. Meloy receives an annual salary of $3,330,000.00 as CEO at Targa Resources. Learn More about Matthew J. Meloy's net worth.
How old is Matthew J. Meloy?: Mr. Meloy is currently 46 years old. There are 6 older executives and no younger executives at Targa Resources. Learn More on Matthew J. Meloy's age.
What is Matthew J. Meloy's salary?: As the CEO of Targa Resources Corp., Mr. Meloy earns $3,330,000.00 per year. Learn More on Matthew J. Meloy's salary.
How do I contact Matthew J. Meloy?: The corporate mailing address for Mr. Meloy and other Targa Resources executives is TARGA RESOURCES PARTNERS LP 1000 LOUISIANA STREET SUITE 4300, HOUSTON TX, 77002. Targa Resources can also be reached via phone at (713) 584-1000 and via email at investorrelations@targaresources.com. Learn More on Matthew J. Meloy's contact information.
Has Matthew J. Meloy been buying or selling shares of Targa Resources?: Matthew J. Meloy has not been actively trading shares of Targa Resources during the last ninety days. Most recently, Matthew J. Meloy sold 48,837 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $195.08, for a transaction totalling $9,527,121.96. Following the completion of the sale, the chief executive officer now directly owns 725,628 shares of the company's stock, valued at $141,555,510.24. Learn More on Matthew J. Meloy's trading history.
Who are Targa Resources' active insiders?: Targa Resources' insider roster includes Julie Boushka (CAO), Paul Chung (Director), Charles Crisp (Director), S Davis (Director), Regina Gregory (Insider), Rene Joyce (Director), Jennifer Kneale (CFO), Matthew Meloy (CEO), Robert Muraro (Insider), Joe Perkins (Director), D. Pryor (Insider), Ershel Redd, Jr. (Director), Gerald Shrader (Executive Vice President, General Counsel and Secretary), Chris Tong (Director), James Whalen (Director), and G. White (EVP). Learn More on Targa Resources' active insiders.
Are insiders buying or selling shares of Targa Resources?: In the last twelve months, insiders at the pipeline company sold shares 20 times. They sold a total of 377,399 shares worth more than $61,957,653.58. The most recent insider tranaction occured on February, 27th when insider D. Scott Pryor sold 35,000 shares worth more than $6,905,500.00. Insiders at Targa Resources own 1.4% of the company. Learn More about insider trades at Targa Resources.
Information on this page was last updated on 2/27/2025.

Matthew J. Meloy Insider Trading History at Targa Resources

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
2/25/2025	Sell	48,837	$195.08	$9,527,121.96	725,628
8/9/2012	Sell	4,000	$44.32	$177,280.00

Matthew J. Meloy Buying and Selling Activity at Targa Resources

Targa Resources Company Overview

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Today's Range

Now: $165.59

$159.88

$169.56

50 Day Range

MA: $193.55

$160.32

$210.19

2 Week Range

Now: $165.59

$110.09

$218.51

Volume

1,689,902 shs

Average Volume

1,716,949 shs

Market Capitalization

$36.03 billion

P/E Ratio

28.81

Dividend Yield

1.66%

Beta

1.75

Matthew Meloy Biography and Net Worth

What is Matthew J. Meloy's net worth?

How old is Matthew J. Meloy?

What is Matthew J. Meloy's salary?

How do I contact Matthew J. Meloy?

Has Matthew J. Meloy been buying or selling shares of Targa Resources?

Who are Targa Resources' active insiders?

Are insiders buying or selling shares of Targa Resources?