Investor Presentation August 2025 TARGA RESOURCES CORP.
Why Targa Best-in-class assets, excellent long-term growth profile, and demonstrated track record of creating shareholder value Generating Differentiated A Compelling Attractive Returns Asset Footprint Value Proposition High…
A Compelling Growth Profile Over the Last 5 Years Targas performance and growth outlook provides strong momentum in 2025 and beyond 23% 24% 21% Permian Volume Adjusted EBITDA Return on Growth CAGR Growth CAGR Invested…
Fully Integrated Wellhead to Water NGL Solution Our assets and operations connect natural gas and NGLs to markets with growing demand for cleaner fuels and feedstocks NGL Pipeline Transportation Largest Permian Premier NGL…
Premier Permian Asset Footprint Largest multi-plant, multi-system G&P footprint, integrated with Targas NGL business Legend 60% 80% Processing Plant Processing Plant In Progress Crude Terminal of Lower 48 US shale of Targas…
Best-in-Class Gas Treating System in the Delaware Basin Differentiated system in the Delaware accommodating growing producer volumes that require treating Targas track record of treating natural gas in the Delaware Basin Treating…
Targa Volume Growth Outpacing the Permian Basin Permian Basin growth continues to drive increasing demand for Targas midstream services Targa Outperforming Permian Basin Production(1)(2) 320 300 280 Best in-class Permian G&P…
Permian Basin Growth Points to Strong Outlook for Targa Associated gas has outperformed crude, Targa has outperformed associated gas 260 Actual(1)(2) Forecast(3) 240 220 Targa Permian Growth 17% 200 Growth Indexed 180…
Targa Permian Delaware Natural Gas Pipeline Expansion Enhancing Targa natural gas connectivity in the Delaware Bull Run Natural Gas Pipeline As the largest gas processor in the Permian, Targa continues to move a growing supply of…
Investing in Attractive Projects Driven by Permian Volume Growth Organic investments across Targas integrated NGL business expected to drive strong return on invested capital Gathering & Processing Logistics & Transportation…
Proven Record of Growth Increasing volume trajectory through Targas fee-based integrated NGL infrastructure footprint fuels growth in 2025 and beyond Permian Natural Gas Inlet Volumes(1) NGL Pipeline Transportation(1)(2) +26% 6,400…
Fundamental Outlook INVESTOR PRESENTATION
Natural Gas Demand Growth Requires Continued Investment in Infrastructure Incremental production from the Permian and other shale basins will be needed to support increasing natural gas demand Projected Lower 48 Natural Gas Demand…
U.S. LPG Exports A Sensible Energy Solution LPGs provide a cleaner, affordable and reliable energy solution that saves lives Waterborne LPG Exports by Country 2,500 2016 2017 2018 2019 2020 2021 2022 2023 2024 Targa exported 424…
Strong LPG Fundamentals Supportive of Increased Exports Targas wellhead to water NGL strategy adds significant barrels into its system that are available for export Diverse Demand for US Gulf Coast LPG Exports Global LPG Demand…
A Leading Infrastructure Company 33,800 Miles Natural Gas and NGL Pipelines 13.1 Bcf/d Gas Processing Capacity(1) 1.0 MMBbl/d NGL Transport Capacity 1.5 MMBbl/d Fractionation Capacity(2) 19 MMBbl/mo LPG Export…
Appendix and Reconciliations INVESTOR PRESENTATION
Non-GAAP Measures Reconciliation (1) Includes the change in estimated redemption value of the mandatorily redeemable preferred interests. Effective September 2022, we redeemed our joint venture partner's mandatorily redeemable…
Non-GAAP Measures Reconciliation INVESTOR PRESENTATION (1) Represents adjustments related to the Companys subsidiaries with noncontrolling interests, including depreciation and amortization expense as well as earnings for certain…
INVESTORRELATIONSTARGARESOURCES.COM WWW.TARGARESOURCES.COM Targa is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. Our operations are critical to the…
Loading...
