Oil & Gas Midstream · Energy
CEO, Board Member
Board Member
Targa Resources Corp. (TRGP)Equibles does not estimate personal net worth.
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Get TRGP alertsMatthew Meloy is recorded as CEO and Board Member at Targa Resources Corp. (TRGP). The newest filing on record that lists Matthew Meloy as CEO and Board Member at Targa Resources Corp. (TRGP) is dated March 26, 2026. The proxy statement of Targa Resources Corp. reports total compensation of $21,470,708 for Matthew Meloy in fiscal 2025, including a base salary of $1,170,667. Disclosed compensation is on record for 9 fiscal years. Matthew Meloy has spoken on 6 earnings calls across 1 company, most recently for Targa Resources Corp. on May 7, 2026. Targa Resources Corp. is classified in the Oil & Gas Midstream industry within the Energy sector. Other leadership on record at Targa Resources Corp. includes Paul W. Chung (Chairman and Board Member), Benjamin J. Branstetter (CFO), Jennifer Kneale (CFO) and 7 others.
“This year is off to a pretty remarkable start here at Targa. We had record first quarter adjusted EBITDA, Permian volumes, and NGL fractionation volumes despite the impacts of severe winter weather and periodic producer shut-ins from weak Oaxaca gas prices.”
“Before we discuss our results, given this is Scott's last earning call before his retirement in a couple of weeks, we wanted to thank Scott for his 35 years of service to Targa and our predecessor companies.”
“I would like to begin by announcing that after 35 years with Targa and its predecessor company, Scott Pryor, our President of Logistics and Transportation, has shared with us his intent to retire effective March 1, 2026.”
“We are performing well and have started the year strong in several areas. We achieved a record high quarterly EBITDA of $626 million, with record volumes in the Permian and record transportation and fractionation volumes for NGLs.”
“During the quarter, our overall business continued to perform very well, led by our position in the Permian Basin and our integrated NGL business and positive aggregate benefits from the winter storm.”
Start not stated–present
Last confirmed March 26, 2026
Start not stated–present
Last confirmed March 26, 2026
Oil & Gas Midstream · Energy
CEO, Board Member
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $1,170,667 | $21,470,708 |
| 2024 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $1,017,500 | $15,515,793 |
| 2023 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $970,475 | $14,191,630 |
| 2022 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $900,000 | $15,202,542 |
| 2021 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $875,000 | $14,691,940 |
| 2020 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $779,967 | $12,102,596 |
| 2019 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $587,500 | $6,452,660 |
| 2018 | Targa Resources Corp. (TRGP) | Chief Executive Officer | $516,667 | $5,570,045 |
| 2017 | Targa Resources Corp. (TRGP) | President | $472,500 | $5,815,334 |