Market Overview

Targa Resources Announces Revised Timing of Third Quarter 2012 Earnings Conference Call


HOUSTON, Oct. 25, 2012 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRC" or the "Company") and Targa Resources Partners LP (NYSE: NGLS) ("Targa Resources Partners" or the "Partnership") announced today that they are revising their previously announced timing for their third quarter 2012 earnings conference call. The Company and the Partnership will host a conference call for investors and analysts at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) to discuss third quarter results.

The Company and the Partnership will report their third quarter 2012 financial results before the NYSE opens for trading on Thursday, November 1, 2012 as originally planned.

The conference call can be accessed by going directly to or by dialing 877-881-2598. The pass code for the dial-in is 40262350. Please dial in ten minutes prior to the scheduled start time. A replay will be available approximately two hours following completion of the Webcast through the Investor's section of the Partnership's website.

About Targa Resources Corp. and Targa Resources Partners LP

Targa Resources Corp. is a publicly traded Delaware corporation that owns a 2% general partner interest (which the Company holds through its 100% ownership interest in the general partner of the Partnership), all of the outstanding incentive distribution rights and a portion of the outstanding limited partner interests in Targa Resources Partners LP.

Targa Resources Partners is a publicly traded Delaware limited partnership that is a leading provider of midstream natural gas and natural gas liquid services in the United States. The Partnership is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling natural gas liquids, or NGLs, and NGL products; and storing and terminaling refined petroleum products and crude oil. The Partnership owns an extensive network of integrated gathering pipelines and gas processing plants and currently operates along the Louisiana Gulf Coast primarily accessing the onshore and near offshore region of Louisiana, the Permian Basin in West Texas and Southeast New Mexico and the Fort Worth Basin in North Texas. Additionally, the Partnership's logistics and marketing assets are located primarily at Mont Belvieu and Galena Park near Houston, Texas and in Lake Charles, Louisiana with terminals and transportation assets across the United States. Targa Resources Partners is managed by its general partner, Targa Resources GP LLC, which is indirectly wholly owned by Targa Resources Corp.

The principal executive offices of Targa Resources Corp. and Targa Resources Partners are located at 1000 Louisiana, Suite 4300, Houston, TX 77002 and their telephone number is 713-584-1000.

For more information please go to

CONTACT: Investor contact: 713-584-1133 Matthew Meloy Senior Vice President, Chief Financial Officer and Treasurer Joe Brass Director, Finance
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