Patrick J. McDonie
Net Worth
Last updated:
What is Patrick J. McDonie net worth?
The estimated net worth of Mr. Patrick J. McDonie is at least $39,641,313 as of 13 May 2022. He owns shares worth $35,630,169 as insider, has earned $861,144 from insider trading and has received compensation worth at least $3,150,000 in Targa Resources Corp..
What is the salary of Patrick J. McDonie?
Mr. Patrick J. McDonie salary is $1,050,000 per year as Pres of Gathering & Processing in Targa Resources Corp..
How old is Patrick J. McDonie?
Mr. Patrick J. McDonie is 64 years old, born in 1961.
What stocks does Patrick J. McDonie currently own?
As insider, Mr. Patrick J. McDonie owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | Pres of Gathering & Processing | 221,622 | $160.77 | $35,630,169 |
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.
Patrick J. McDonie insider trading
Targa Resources Corp.
Mr. Patrick J. McDonie has made 2 insider trades in 2022, according to the Form 4 filled with the SEC. Most recently he sold 6,000 units of TRGP stock worth $428,988 on 13 May 2022.
The largest trade he's ever made was exercising 6,000 units of TRGP stock on 11 May 2022. As of 13 May 2022 he still owns at least 221,622 units of TRGP stock.