Targa Resources Corp. Third Quarter 2017 Earnings Supplement November 2, 2017
Recent Developments During 2017, Targa announced some key strategic developments that will be integral to Targas continued growth into the future, including: Acquisition of attractive Delaware and Midland Basin assets connected asset…
Business Mix, Diversity and Fee-Based Margin Business Mix Segment Operating Margin(1) Downstream Field Gathering & Processing Operating Margin Q3 2017(1) Operating Margin Q3 2017(1) 100% 100% 75% 75% 60% 50% 50% 40% 25%…
Operational Performance G&P Segment 3Q17 Highlights: Field G&P Natural Gas Inlet Volumes and Field G&P Natural Gas Inlet NGL Production(1) 3,500 350 7% sequential increase in Permian volumes reflects increasing production levels…
Operational Performance Downstream Segment 3Q17 Highlights: Targa Fractionation Volumes(1) 400 Improved underlying business performance in Q3 was partially offset by the impact from Hurricane Harvey 350 Throughput (MBbls/d)…
2017 Announced Net Growth Capex 2017 net growth capex estimated at 1.3 billion, based on the announced projects outlined below 70% total G&P capex focused in the Permian; 80% of total project capex focused in the Permian Includes 275…
Longer-Term Financial Outlook Attractive projects and system expansions underway drive increasing system volume outlook, translating into increasing EBITDA outlook Permian volume growth drives 85% of expected EBITDA growth over the…
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