Targa Resources (NYSE: TRGP) has announced a major strategic step in the Permian Basin, agreeing to acquire Stakeholder Midstream for $1.25 billion in cash. The deal adds high-quality gathering, processing, and treating infrastructure in one of the most prolific natural gas growth regions in North America — and positions Targa to capture long-term, fee-based volumes with minimal capital requirements.
Targa Resources Makes a $1.25B Move to Strengthen Its Permian Gas Footprint











