Summary
This 10-Q filing from Targa Resources Corp. on August 19, 2011, primarily serves as an exhibit index, referencing various organizational documents and indentures. While it does not contain detailed financial performance data for the quarter, it provides critical information about the company's legal and financial structure. Investors can review these exhibits to understand the foundational corporate governance documents, including certificates of incorporation, bylaws, and limited partnership agreements. The filing also highlights supplemental indentures related to debt financing, indicating ongoing capital management activities and commitments. For investors, the key takeaway is the reference to the established corporate framework governing Targa Resources Corp. and its partnerships. The numerous incorporated exhibits offer transparency into the company's legal entity structures and debt instruments. Understanding these documents is essential for a comprehensive view of the company's operational and financial underpinnings, especially concerning its debt obligations and the rights and responsibilities of its various legal entities.
Financial Highlights
50 data points| Gross Profit | $250.50M |
| Operating Expenses | $1.63B |
| Operating Income | $98.50M |
| Interest Expense | $28.00M |
| Net Income | $10.50M |
| EPS (Basic) | $0.26 |
| EPS (Diluted) | $0.25 |
| Shares Outstanding (Basic) | 41.00M |
| Shares Outstanding (Diluted) | 41.40M |
Key Highlights
- 1Filing primarily consists of an exhibit index, referencing foundational corporate governance and legal documents.
- 2Includes references to Targa Resources Corp.'s Amended and Restated Certificate of Incorporation and Bylaws.
- 3Details Targa Resources Partners LP's Certificate of Limited Partnership and Agreement of Limited Partnership.
- 4References the formation and operating agreements for Targa Resources GP LLC.
- 5Lists several supplemental indentures dated April 8, 2011, related to debt financing for Targa Terminals LLC and Targa Resources Partners Finance Corporation.
- 6Incorporates by reference numerous exhibits previously filed in other SEC filings, providing a historical record of corporate actions and structures.
- 7Exhibit 4.1 references the specimen Common Stock Certificate, indicating details related to the company's equity.