8-KRegulation FD

Targa Resources Corp. 8-K Report, Regulation FD Disclosure (Mar 19, 2015)

Filed March 19, 2015For Securities:TRGP

Summary

Targa Resources Corp. (TRGP) filed an 8-K on March 19, 2015, to disclose an update to investor presentations. Specifically, an additional slide was added to the appendices of both Targa Resources Corp. and Targa Resources Partners LP presentations. This slide provides a reconciliation of pro forma distributions for Targa Resources Partners LP. This filing is primarily a Regulation FD disclosure, meaning the information itself is not considered 'filed' for legal purposes like Section 18 of the Exchange Act. Investors can find the updated presentations, including this new reconciliation slide, on the respective company and partnership websites in the Investors section. The update pertains to financial presentation and clarification of distribution figures rather than a material event or change in business operations.

Key Highlights

  • 1Targa Resources Corp. and Targa Resources Partners LP updated their investor presentations on March 19, 2015.
  • 2An additional slide was added to the appendix of both presentations.
  • 3The new slide provides a reconciliation of pro forma distributions for Targa Resources Partners LP.
  • 4The updated presentations are available on the respective company and partnership investor relations websites.
  • 5This filing is made under Regulation FD and the information is furnished, not filed, for legal purposes.
  • 6The report date is March 19, 2015, with the earliest event reported being related to the presentation update.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose, under Regulation FD, an update made to the investor presentations of Targa Resources Corp. and Targa Resources Partners LP. Specifically, an additional slide detailing a reconciliation of pro forma distributions for Targa Resources Partners LP was added to the appendices of their respective recent presentations.

Investors can find the updated presentations, which now include the additional slide with the pro forma distribution reconciliation, on the Investors section of the Targa Resources Corp. website and the Targa Resources Partners LP website.

No, this 8-K filing is primarily a procedural disclosure under Regulation FD. It reflects an addition to investor presentation materials for clarification purposes regarding pro forma distributions and does not indicate a change in financial performance or business operations.

Pro forma distributions refer to the partnership's distributions calculated on a pro forma basis, meaning as if certain events or conditions had occurred. The added slide provides a reconciliation, showing how these pro forma distributions are calculated, likely to offer investors a clearer picture of the partnership's distribution policies or historical performance under adjusted scenarios.