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

Moving to business highlights for our Gathering and Processing division, the Field G&P segment recorded a 2011 operating margin increase of approximately 22%, compared to full-year 2010. This increase was benefited from active drilling and completion activity resulting in increased volumes at SAOU, North Texas and Permian. Inlet volumes in gross NGL production for the segment both increased more than 4% over 2010. And this 4% increase is a net of a year-over-year Versado volume decrease, which we expect to reverse in 2012.

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