Targa Resources Closes $1.25 Billion Acquisition of Stakeholder Midstream

Reuters
2026.01.06 21:00
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Targa Resources Corp. has finalized its acquisition of Stakeholder Midstream, LLC for $1.25 billion in cash, effective January 1, 2026. This acquisition enhances Targa's midstream infrastructure assets, improving its capacity to deliver natural gas and NGLs to both domestic and international markets. The announcement was made by Targa Resources Corp.