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Paul Chung Biography and Net Worth

Director of Targa Resources

Paul W. Chung has served as director and Chairman of the Board of the Company and the General Partner since January 1, 2021. From March 2020 until December 31, 2020, he served as Executive Vice President and Senior Legal Advisor of the Company. From May 2004 to March 2020, Mr. Chung served as Executive Vice President, General Counsel and Secretary of the Company and its predecessor entities and of the General Partner since its formation. From 1999 to May 2004, he served as Executive Vice President and General Counsel of various Shell Oil Company (“Shell”) affiliates, including Coral Energy, LLC and Shell Trading North America Company. In these positions, Mr. Chung was responsible for all legal and regulatory affairs. From 1996 to 1999, he served as Vice President and Assistant General Counsel of Tejas Gas Corporation (“Tejas”). Prior to 1996, Mr. Chung held a number of legal positions with different companies, including the law firm of Vinson & Elkins L.L.P. Mr. Chung’s knowledge of the Company, together with his background in the energy industry and his legal and regulatory experience, enable Mr. Chung to provide a valuable and distinct perspective to the Board on a range of business and management matters.

What is Paul W. Chung's net worth?: The estimated net worth of Paul W. Chung is at least $41.16 million as of August 12th, 2024. Mr. Chung owns 232,827 shares of Targa Resources stock worth more than $41,161,485 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Chung may own. Learn More about Paul W. Chung's net worth.
How do I contact Paul W. Chung?: The corporate mailing address for Mr. Chung 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 [email protected]. Learn More on Paul W. Chung's contact information.
Has Paul W. Chung been buying or selling shares of Targa Resources?: Paul W. Chung has not been actively trading shares of Targa Resources within the last three months. Most recently, Paul W. Chung sold 5,264 shares of the business's stock in a transaction on Monday, August 12th. The shares were sold at an average price of $138.03, for a transaction totalling $726,589.92. Following the completion of the sale, the director now directly owns 232,827 shares of the company's stock, valued at $32,137,110.81. Learn More on Paul W. Chung's trading history.
Who are Targa Resources' active insiders?: Targa Resources' insider roster includes Julie Boushka (CAO), Paul Chung (Director), Charles Crisp (Director), Regina Gregory (Insider), Rene Joyce (Director), Jennifer Kneale (CFO), 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 21 times. They sold a total of 343,451 shares worth more than $47,331,580.99. The most recent insider tranaction occured on November, 8th when insider D. Scott Pryor sold 30,000 shares worth more than $5,709,900.00. 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 11/8/2024.

Paul W. Chung Insider Trading History at Targa Resources

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/12/2024	Sell	5,264	$138.03	$726,589.92	232,827
8/7/2024	Sell	916	$136.35	$124,896.60	238,591
12/5/2022	Sell	100	$76.00	$7,600.00	218,412
5/16/2022	Sell	3,568	$73.34	$261,677.12	240,641
11/9/2016	Sell	9,300	$47.15	$438,495.00	130,314
11/8/2016	Sell	3,100	$47.17	$146,227.00	130,314
11/7/2016	Sell	3,100	$46.22	$143,282.00	130,314
5/12/2016	Sell	20,640	$42.01	$867,086.40	145,405

Paul W. Chung 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: $176.79

$171.53

$176.80

50 Day Range

MA: $183.60

$161.71

$207.69

2 Week Range

Now: $176.79

$81.03

$209.87

Volume

5,128,144 shs

Average Volume

1,683,534 shs

Market Capitalization

$38.55 billion

P/E Ratio

31.97

Dividend Yield

1.64%

Beta

2.28