Matthew J. Meloy
Net Worth
Last updated:
What is Matthew J. Meloy net worth?
The estimated net worth of Mr. Matthew J. Meloy is at least $60,790,221 as of 10 May 2017. He owns shares worth $27,640,221 as insider and has received compensation worth at least $33,150,000 in Targa Resources Corp..
What is the salary of Matthew J. Meloy?
Mr. Matthew J. Meloy salary is $2,550,000 per year as Chief Executive Officer & Director in Targa Resources Corp..
How old is Matthew J. Meloy?
Mr. Matthew J. Meloy is 47 years old, born in 1978.
What stocks does Matthew J. Meloy currently own?
As insider, Mr. Matthew J. Meloy owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | Chief Executive Officer & Director | 171,924 | $160.77 | $27,640,221 |
What does Targa Resources Corp. do?
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages 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. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it 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. The company operates approximately 28,400 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 76 million barrels. As of December 31, 2021, it leased and managed approximately 648 railcars; 119 transport tractors; and two company-owned pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
Matthew J. Meloy insider trading
Targa Resources Corp.
Mr. Matthew J. Meloy has made 3 insider trades between 2012-2017, according to the Form 4 filled with the SEC. Most recently he sold 11,288 units of TRGP stock on 10 May 2017.
The largest trade he's ever made was exercising 15,459 units of TRGP stock on 20 Feb 2014. As of 10 May 2017 he still owns at least 171,924 units of TRGP stock.