Website: N/A
Stock Symbol: NYSE: NGLS
Market Value: N/A (in millions)
We are a growth-oriented Delaware limited partnership formed on October 26, 2006
by Targa Resources, Inc. (“Targa”), a leading provider of midstream natural gas
and NGL services in the United States, to own, operate, acquire and develop a
diversified portfolio of complementary midstream energy assets. We are engaged
in the business of gathering, compressing, treating, processing and selling
natural gas and fractionating and selling NGLs and NGL products. We currently
operate in the Fort Worth Basin/Bend Arch (the “Fort Worth Basin”) in north
Texas, the Permian Basin of west Texas and in southwest Louisiana.
In connection with our Initial Public Offering (“IPO”) in February 2007, Targa
contributed the assets of the North Texas System located in the Fort Worth Basin
(the “North Texas System”) to us.