☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jurisdi ...

Targa Resources Corp. (NYSE:TRGP) Q4 2022 Earnings Conference Call February 22, 2023 11:00 AM ET Company Participants Sanjay Lad – Vice President-Finance and Investor Relations Matt Meloy – Chief Executive Officer Jen Kneale – Chief Financial Officer Pat McDonie – President-Gathering and Processing Scott Pryor – President-Logistics and Transportation Bobby Muraro – Chief Commercial Officer and General Partner Conference Call Participants Jeremy Tonet – JPMorgan Brian Reynolds – UBS Spiro Dounis – Citi There ...

Targa Resources Corp. Fourth Quarter 2022 Earnings Supplement February 22, 2023 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will ...

商品价格风险 - 公司主要的天然气收集和加工安排暴露于商品价格风险，主要是按照销售所得的百分比安排[201] - NGL产品的需求下降可能会对公司的业务、运营结果和财务状况产生重大不利影响[201] - 乙烷主要用于石化行业作为乙烯的原料，如果天然气价格与NGL产品价格显著增加或乙烯需求下降，可能会减少NGL产品的体积[203] - 丙烷作为石化原料在乙烯和丙烯生产中使用，其需求受天气条件影响显著[204] - 正丁烷用于异丁烷的生产，作为燃料气体和乙烯和丙烯生产的原料，需求受政府监管和需求变化影响[205] - 异丁烷主要用于炼油厂生产烷基化剂以提高辛烷值，任何减少对机动车汽油的需求或对异丁烷生产的需求可能会减少对异丁烷的需求[206] - 天然汽油用作某些精炼石油产品的混合组分，以及用于乙烯和丙烯生产的原料，需求受政府监管和对乙烯和丙烯的需求影响[207] - NGL和NGL产品与全球市场的产品竞争，任何减少需求或增加供应都可能对我们提供的服务需求和NGL价格产生不利影响[208] 气候变化风险 - 公司可能会面临气候变化带来的风险，如海平面上升、地面下沉和侵蚀可能对管道和设施造成严重损坏[228] - 公司可能需要耗费大量成本来应对未来气候事件，例如德克萨斯州规定的天气紧急准备标准[229] 安全风险 - 公司的业务受到第三方管道和其他设施连接到我们天然气和原油收集系统、终端和加工设施的影响[219] - 公司的业务涉及许多危险和运营风险，一些可能无法获得充分保险覆盖，如果发生重大事故或事件，公司的运营和财务结果可能受到不利影响[231] 政治风险 - 公司可能面临来自各方反对管道和设施运营扩张的风险，这可能导致业务中断、收入减少和额外支出[241] - 公司可能需要承担由管道完整性测试计划和相关维修所产生的重大成本和责任[241] 网络安全风险 - 公司面临网络安全风险，网络事件可能导致信息窃取、数据损坏、运营中断和/或财务损失[245] 公共卫生危机风险 - 公司可能受到全球能源需求受影响的大流行病（如COVID-19）或其他公共卫生危机的风险，这可能对业务、财务状况、运营结果和/或现金流产生重大不利影响[248] 资产建设风险 - 公司扩张或修改现有资产或建设新资产可能不会带来收入增长，并且受到监管、环境、政治、法律和经济风险的影响，可能对公司的运营结果和财务状况产生不利影响[252] 税务风险 - 未来税务责任可能高于预期，NOL抵扣受限、预期扣除未实现或税务机构成功挑战税务立场[289] - 我们预计能够利用NOL抵扣未来可抵扣的全部或部分税收所得[290] - 美国联邦税法第382条规定了NOL抵扣的年度限制[291] 财务风险 - 公司截至2022年12月31日的总负债为28亿美元，其中包括各种债务和信用额度[315] - 公司的高额负债可能导致无法按时支付本金、利息或其他应付款项[316] - 公司的长期无抵押债务目前被Fitch、Moody's和S&P评级，未来信用评级下调可能对公司融资成本和战略执行产生负面影响[317]

Targa Resources Corp. (NYSE:TRGP) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Sanjay Lad - Vice President, Finance & Investor Relations Matt Meloy - Chief Executive Officer Pat McDonie - President-Gathering & Processing Scott Pryor - President, Logistics and Transportation Jen Kneale - Chief Financial Officer Robert Muraro - Chief Commercial Officer Conference Call Participants Colton Bean - Tudor Pickering Holt & Co. Jeremy Tonet - JPMorgan Brian Reynolds - UBS Keith ...

Targa Resources Corp. Third Quarter 2022 Earnings Supplement November 3, 2022 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jur ...

Targa Resources Corp. Second Quarter 2022 Earnings Supplement August 4, 2022 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or ...

Targa Resources Corp (NYSE:TRGP) Q2 2022 Results Conference Call August 4, 2022 11:00 AM ET Company Participants Sanjay Lad - Vice President, Finance and Investor Relations Matt Meloy - Chief Executive Officer Jen Kneale - Chief Financial Officer Pat McDonie - President, Gathering and Processing Scott Pryor - President, Logistics & Transportation Bobby Muraro - Chief Commercial Officer Conference Call Participants Jeremy Tonet - JPMorgan Brian Reynolds - UBS Keith Stanley - Wolfe Research Colton Bean - Tudo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-34991 TARGA RESOURCES CORP. (Exact name of registrant as specified in its charter) Delaware 20-3701075 (State or other jurisdic ...