BRIEF-Targa Resources Corp. To Acquire Permian Basin Gathering & Processing System For $1.25 Billion-March 2024-www.financetom.com

BRIEF-Targa Resources Corp. To Acquire Permian Basin Gathering & Processing System For $1.25 Billion

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BRIEF-Targa Resources Corp. To Acquire Permian Basin Gathering & Processing System For $1.25 Billion

Mar 10, 2026 9:06 PM

Dec 1 (Reuters) - Targa Resources Corp ( TRGP ):

* TARGA RESOURCES CORP. ( TRGP ) TO ACQUIRE PERMIAN BASIN GATHERING &

PROCESSING SYSTEM FOR $1.25 BILLION

* TARGA RESOURCES CORP ( TRGP ) - EXPECTS TO FUND ACQUISITION WITH

CASH AND

$3.5 BILLION CREDIT FACILITY

* TARGA RESOURCES CORP ( TRGP ) - STAKEHOLDER EXPECTED TO GENERATE

$200

MILLION ANNUALLY IN ADJUSTED FREE CASH FLOW

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