Targa Resources: Pay

Targa Resources paid its 6 named executives $54.7M in total in FY2025 (Dec). CEO Matthew J. Meloy was paid $21.5M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Matthew J. MeloyChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
D. Scott PryorPresident – Logistics and Transportation
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Patrick J. McDoniePresident – Gathering and Processing
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Robert M. MuraroChief Commercial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
William A. ByersChief Financial Officer
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2023 (Dec), the median CEO pay of the 4 peers with pay on file was $15.7M. The CEO of Targa Resources was paid $14.2M, 9% below the median.

  1. 1Diamondback Energy
  2. 2Williams Companies
  3. 3Targa Resources
  4. 4APA
  5. 5Kinder Morgan
  6. 6Cheniere Energy, Inc.Not disclosed
  7. 7Crestwood Equity Partners, L.P.Not disclosed
  8. 8Devon Energy CorporationNot disclosed
  9. 9EnLink Midstream Partners, L.P.Not disclosed
  10. 10Energy Transfer Equity LPNot disclosed
  11. 11Enterprise Products Partners L.P.Not disclosed
  12. 12Equitrans Midstream CorporationNot disclosed
  13. 13Magellan Midstream Partners, L.P.Not disclosed
  14. 14Marathon Oil CorporationNot disclosed
  15. 15NuStar Energy L.P.Not disclosed
  16. 16ONEOK, Inc.Not disclosed
  17. 17Ovintiv, Inc.Not disclosed
  18. 18Pioneer Natural Resources CompanyNot disclosed
  19. 19Plains All American Pipeline, L.P.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.