
Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion
Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 BillionDecember 1, 2025 at 7:00 AM EST $1.25 billion purchase price represents ~6 times 2026 estimated unlevered adjusted free cash flow Underpinned by long-term acreage dedications of ~170,000 acres and attractive fee-based contractsStable volume profile with significant additional economic drilling opportunitiesFurther enhances […]
