• Like
  • Comment
  • Favorite

Targa Resources Closes $1.25 Billion Acquisition of Stakeholder Midstream

Reuters01-07

Targa Resources Closes $1.25 Billion Acquisition of Stakeholder Midstream

Targa Resources Corp. has completed its previously announced acquisition of Stakeholder Midstream, LLC for $1.25 billion in cash. The transaction, effective as of January 1, 2026, expands Targa’s portfolio of midstream infrastructure assets, enhancing its ability to deliver natural gas and NGLs to domestic and international markets. The update was disclosed by Targa Resources Corp.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Targa Resources Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9620989-en) on January 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24