UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 14, 2009

TARGA RESOURCES PARTNERS LP

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation or organization)		001-33303 (Commission File Number)		65-1295427 (IRS Employer Identification No.)

1000 Louisiana, Suite 4300
Houston, TX 77002
(Address of principal executive office and Zip Code)

(713) 584-1000
(Registrants’ telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 3.01		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

     (d) On December 14, 2009, an officer of the general partner of Targa Resources Partners LP (the “Partnership”), pursuant to authorization received from the Board of Directors of the general partner of the Partnership, informed the NASDAQ Stock Market LLC (“NASDAQ”) that the Partnership intends to transfer the listing of its common units representing limited partnership interests (the “Common Units”) from the NASDAQ to the New York Stock Exchange (“NYSE”). The Partnership anticipates that, subject to NYSE approval, its common units will begin trading on the NYSE under its current ticker “NGLS” on or about January 25, 2010. Until that time, the Partnership’s common units will continue to trade on the NASDAQ under the symbol “NGLS”.

Item 7.01		Regulation FD Disclosure.

     On December 14, 2009, the Partnership issued a press release announcing that it plans to transfer the listing of its Common Units to the NYSE where they will be listed under the same ticker symbol, “NGLS.” A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01		Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number				Description
	99.1			Press Release dated December 14, 2009.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

Exhibit
Number				Description
	99.1			Press Release dated December 14, 2009.

Exhibit 99.1

Targa Resources Partners LP Announces Plans
to List on the New York Stock Exchange

HOUSTON, December 14, 2009 — Targa Resources Partners LP (NASDAQ: NGLS) (“Targa Resources Partners” or the “Partnership”) today announced that the Board of Directors of its general partner has approved the filing of an application to list its common units on the New York Stock Exchange (“NYSE”). The Partnership anticipates that, subject to NYSE approval, its common units will begin trading on the NYSE under its current ticker “NGLS” on or about January 25, 2010. Until that time, the Partnership’s common units will continue to trade on the NASDAQ under the symbol “NGLS”.

“We believe the move to the NYSE builds on our strategy to increase value for our unit holders by adding the benefits of increased trading liquidity and visibility and decreased volatility. We look forward to joining many of our midstream industry peers already listed on the NYSE. Our relationship with the NASDAQ has been positive and we appreciate their service over the years,” said Rene Joyce, Chief Executive Officer of the Partnership’s general partner and of Targa Resources, Inc. (“Targa” or the “Company”).

About Targa Resources Partners

Targa Resources Partners LP was formed by Targa Resources, Inc. to engage in the business of gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids and natural gas liquids products. Targa Resources Partners owns an extensive network of integrated gathering pipelines and seven natural gas processing plants and currently operates in Southwest Louisiana, the Permian Basin in West Texas and the Fort Worth Basin in North Texas. Additionally, our natural gas liquids 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. A subsidiary of Targa is the general partner of Targa Resources Partners.

Targa Resources Partners’ principal executive offices are located at 1000 Louisiana, Suite 4300, Houston, Texas 77002 and its telephone number is 713-584-1000.

Investor contact:
713-584-1133

Anthony Riley
Sr. Manager — Finance / Investor Relations

Matthew Meloy
Vice President — Finance and Treasurer