Image source: The Motley Fool. Targa Resources (NYSE:TRGP) delivered record operational and financial results in fiscal 2025, supported by robust Permian system growth and strong commercial ...
A wholly owned subsidiary of Targa Resources will acquire Stakeholder Midstream for $1.25 billion in cash, Targa announced. Stakeholder provides natural gas gathering, treating and processing services ...
$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 contracts ...
Targa Resources said Monday it plans to buy rival pipeline company Stakeholder Midstream for $1.25 billion, the latest in an influx of pipeline deals across the southern U.S. The deal expands the ...