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Targa Resources Partners' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Targa Resources Partners LP ( NGLS)

Q4 2011 Earnings Call

February 23, 2012 11:30 am ET

Executives

Joe Brass - Director, Finance

Joe Bob Perkins - CEO

Matt Meloy - CFO & Treasurer

Analysts

Darren Horowitz - Raymond James

Stephen Maresca - Morgan Stanley

Catheleen King - Bank of America

Michael Blum - Wells Fargo

John Edwards - Morgan Keegan

Craig Shere - Tuohy Brothers

Bradley Olsen - Tudor, Pickering, Holt & Co.

Presentation

O perator

Good day, ladies and gentlemen, and welcome to the Targa Resources Fourth Quarter 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. (OperatorInstructions) As a reminder, this conference is being recorded.

I would now like to turn the conference over to Joe Brass. You may begin.

Joe Brass

Thank you, operator. My name is Joe Brass, I’d like to welcome everyone to our fourth quarter and full-year 2011 investor call for both Targa Resources Corp. and Targa Resources Partners LP.

Before we get started, I’d like to mention that Targa Resources Corp., TRC or the Company; and Targa Resources Partners LP, Targa Resources Partners or the Partnership have published their joint earnings release which is available on our website www.targaresources.com. We will also be posting an updated investor presentation to the website after the call.

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