8-KEarnings & ResultsExhibits & Filings

Targa Resources Corp. 8-K Report, Financial Results (Feb 15, 2018)

Filed February 15, 2018For Securities:TRGP

Summary

Targa Resources Corp. (TRGP) filed an 8-K on February 15, 2018, to announce its financial results for the fourth quarter and full year ended December 31, 2017. The company also scheduled a conference call for the same day to discuss these results, which included both GAAP and non-GAAP financial measures. Investors should note that while the press release provides detailed financial information, it is furnished as an exhibit and not formally filed, meaning it will not be automatically incorporated into future SEC filings unless explicitly stated.

Key Highlights

  • 1Targa Resources Corp. announced its Q4 and full-year 2017 financial results on February 15, 2018.
  • 2A conference call was scheduled for February 15, 2018, to discuss the reported financial results.
  • 3The company's earnings release includes non-GAAP financial measures such as distributable cash flow, gross margin, operating margin, and adjusted EBITDA.
  • 4Reconciliations between non-GAAP measures and their most comparable GAAP measures are provided.
  • 5The press release detailing the results is furnished as Exhibit 99.1 to the 8-K filing.
  • 6Information furnished under Item 2.02, including Exhibit 99.1, is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act and is not automatically incorporated into future filings.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Targa Resources Corp.'s financial results for the three months and year ended December 31, 2017, and to furnish the accompanying earnings press release.

The earnings release discusses both GAAP and non-GAAP financial measures, including distributable cash flow, gross margin, operating margin, and adjusted EBITDA, alongside standard GAAP metrics.

The detailed financial results are available in the press release furnished as Exhibit 99.1 to this 8-K filing. A replay of the conference call discussing these results will also be available on the Company's Investor Relations website.

This 8-K filing itself is primarily a notification of financial results and furnishes a press release. The press release may contain forward-looking statements, which are typically subject to risks and uncertainties as outlined within the release itself.