The Partnership’s businesses continue to benefit from favorable industry dynamics that are driving growth in natural gas supply and in NGL volumes across our diverse asset base. Year-over-year operating margin strengthened in both our Natural Gas Gathering and Processing division and our Logistics and Marketing division.Turning to third quarter, the Partnership experienced an unusual set of operational issues both ours and third-parties, impacting financial performance. These issues many of which were attributed to a much harder than normal summer in our operations areas have been resulted are not expected to occur to the extent, but to this extent in the future. The Partnerships fundamentals remain strong and we expect an EBITDA in the fourth quarter at least as strong as our previously announced guidance.
Targa Resources Partners' CEO Discusses Q3 2011 Results - Earnings Call Transcript
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