Item 2.02 Results of Operations and Financial Condition.
On November 12, 2008, Targa Resources Partners LP (the "Partnership") will
issue a press release regarding its financial results for the three and nine
months ended September 30, 2008. A conference call to discuss these results is
scheduled for 10:00 a.m. Eastern time on Wednesday, November 12, 2008. The
conference call will be webcast live and a replay of the webcast will be
available through the Investors section of the Partnership's web site
(http://www.targaresources.com) until November 26, 2008. A copy of the earnings
press release is filed as Exhibit 99.1 to this report, which is hereby
incorporated by reference into this Item 2.02.
The press release and accompanying schedules and/or the conference call
discussions include the non-generally accepted accounting principles, or
non-GAAP, financial measures of distributable cash flow, operating margin and
Adjusted EBITDA. The press release provides reconciliations of these non-GAAP
financial measures to their most directly comparable financial measure
calculated and presented in accordance with generally accepted accounting
principles in the United States of America ("GAAP"). Our non-GAAP financial
measures should not be considered as alternatives to GAAP measures such as net
cash provided by operating activities, net income (loss) or any other GAAP
measure of liquidity or financial performance.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
Exhibit 99.1 Targa Resources Partners LP Press Release dated November 12, 2008.
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