# Who are Targa Resources Corp.'s customers? Who does Targa Resources Corp. earn revenue from?
Canonical: https://valuechain.wiki/targa-resources · Facet: customers · Updated: 2026-09-11T20:21:19.381477+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Targa Resources Corp.'s confirmed revenue counterparties include ExxonMobil plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-09-11).

### BlackRock (high)  → /blackrock.md
- metric: Market share 9.33 percent · Schedule 13G holdings as of 2023-12-31 · BlackRock beneficial ownership reported in Targa's 2026 proxy statement
- note: Targa's 2026 proxy statement lists BlackRock as a greater-than-5% beneficial owner. The 9.33% figure is based on BlackRock's Schedule 13G holdings as of year-end 2023.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-26) https://www.sec.gov/Archives/edgar/data/1389170/000119312526126280/trgp-20260326.htm: "BlackRock, Inc. 20,030,896 9.33%."

### CITGO Petroleum Corporation (high)
- metric: Count 5 wells · FY2025 · Number of owned Hackberry storage wells leased to CITGO under a long-term lease
- note: CITGO leases five of Targa's twelve owned storage wells at Hackberry under a long-term lease. Lease payments and counterparty revenue were not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm: "Five of 12 owned wells are leased to Citgo Petroleum Corporation under a long-term lease."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-20) https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm: "Five of 12 owned wells are leased to Citgo Petroleum Corporation under a long-term lease."

### 엑슨모빌 (mid)  → /exxonmobil.md
- metric: Count 20 years · 2026-2046 · Term of ExxonMobil's integrated Permian midstream agreements
- note: ExxonMobil signed 20-year fee-based agreements for Targa to provide gathering, processing, NGL transportation, and fractionation services across the Permian Delaware and Midland basins. Contract value and counterparty revenue were not disclosed.
- [mentions] Edaily (KO, analysis, published 2026-09-02) https://marketin.edaily.co.kr/News/ReadE?newsId=05313606645576184: "The contract covers integrated services including natural gas gathering, processing, and transportation and runs through 2046."
- [confirms] Targa Resources Corp. (EN, ir, published 2026-08-17) https://www.targaresources.com/node/29316: "Targa has entered into long-term fee-based agreements with ExxonMobil for integrated natural gas gathering and processing and downstream services."

Reverse side: https://valuechain.wiki/targa-resources/suppliers.md · Ripple: https://valuechain.wiki/targa-resources/ripple.md

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Full node: https://valuechain.wiki/targa-resources.md · JSON: https://valuechain.wiki/targa-resources.json