Targa Resources Corp. Third Quarter 2019 Earnings Supplement November 7, 2019
Strategic Outlook Recent completion of Targas Grand Prix NGL Pipeline and other important growth projects are demonstrating strategic benefits of our integrated midstream position Grand Prix NGL Pipeline commenced operations in early…
Operational Performance G&P Segment 3Q19 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) 10% sequential increase in Permian volumes…
Operational Performance Downstream Segment 3Q19 Highlights: Targa Fractionation Volumes 600 NGL Transportation 500 Throughput (MBbls/d) Targas Grand Prix NGL Pipeline throughput deliveries into Mont Belvieu 513 509 averaged…
Business Mix and Hedging Program Business Mix Field Gathering & Processing Segment Operating Margin(1) Downstream Operating Margin 2019E(1) Operating Margin 2019E(1) 100% 100% 75% 75% 50% 50% 48% / 52% 65% 25% 25% 35% 0%…
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…
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