Targa Resources, Inc. (TRGP) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Targa Resources Corporation Second Quarter 2025 earnings webcast and presentation. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question, you will need to press star 1-1 on your telephone keypad. At this time, I would like to turn the conference over to Mr. Tristan Richardson, Vice President of Investor Relations. Sir, please begin. Thank you, Howard. Good morning and welcome to the Second Quarter 2025 earnings call for Targa Resources Corp. The Second Quarter earnings release, along with a supplement presentation that accompany our call, are available on our website at targaresources.com. Additionally, an updated investor presentation has also been posted to our website. Statements made during this call that might include Targa's expectations or predictions should be considered forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in forward-looking statements. For discussion of factors that could cause actual results to differ, please refer to our latest SEC filings. Our speakers for the call today will be Matt Malloy, Chief Executive Officer, Jen Neal, President, and Will Byers, Chief Financial Officer. Additionally, members of Targa's senior management will be available for Q&A, including Pat McDonnie, President, Gathering, and Processing, Scott Pryor, President, Logistics, and Transportation, Bobby Marrero, Chief Commercial Officer, and Ben Bransetter, Senior Vice President, Downstream. I'll now turn the call over to Matt. Thanks Tristan and good morning. I would like to begin by a...