Targa Resources Corp. Second Quarter 2019 Earnings Supplement August 8, 2019
Strategic Outlook Project execution further strengthens integrated midstream asset position 200 MMcf/d LM4 Plant in Bakken now operational Grand Prix NGL Pipeline commenced full operations with NGLs flowing to Mont Belvieu in early…
Operational Performance G&P Segment 2Q19 Highlights: Field G&P Natural Gas Inlet Volumes and NGL Production Field G&P Natural Gas Inlet 4,000 500 450 NGL Production (MBbl/d) 9% sequential increase in Permian volumes…
Operational Performance Downstream Segment 2Q19 Highlights: Targa Fractionation Volumes 600 Fractionation 500 Throughput (MBbls/d) Targas Mont Belvieu fractionation complex continued to remain highly 513 utilized 455 450…
Business Mix and Hedging Program Business Mix Field Gathering & Processing Segment Operating Margin(1) Downstream Operating Margin(1) Operating Margin(1) 100% 100% 75% 75% 50% 50% 51% / 49% 65% 25% 25% 35% 0% 0% (2)…
2019 Announced Net Growth Capex 2019E net growth capex based on announced projects estimated at 2.4 billion With the vast majority of announced projects now online, Targas 2020E net growth capex is estimated to be significantly lower…
Visit us at targaresources.com Contact Information: Email: InvestorRelationstargaresources.com Phone: (713) 584-1000 811 Louisiana Street Suite 2100 Houston, TX 77002