Targa to acquire Permian gathering, processing system
December 15, 2025 By Brian Richesson
A wholly-owned subsidiary of Targa Resources will acquire Stakeholder Midstream for $1.25 billion in cash, Targa announced.
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A wholly-owned subsidiary of Targa Resources will acquire Stakeholder Midstream for $1.25 billion in cash, Targa announced.
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The projects will support continuing natural gas liquids and natural gas production growth in the Permian Basin.
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Chris Hill’s appointment as the new chairman of PERC completes a trifecta for Meritum Energy Holdings leadership.
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As part of Targa’s long-term development plans, Jennifer R. Kneale, current CFO, will become president – finance and administration. William A. Byers will join Targa as CFO.
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Vincent DiCosimo, vice president of government affairs at Targa Resources, will become chairman of the board at the Greater Houston Port Bureau on Jan. 1, 2024.
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Targa Resources Corp., a provider of midstream services, promoted Joel Thomas to senior vice president – finance and treasurer.
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Our quarterly series examines the unique geographical nature of the propane industry. This month, we look at the South.
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Targa Resources Corp. agreed to acquire Blackstone Energy Partners’ 25 percent interest in Targa’s Grand Prix NGL Pipeline for $1.05 billion in cash plus customary working capital adjustments.
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Targa Resources plans to source electricity from Concho Valley Solar to provide power to Targa’s natural gas processing infrastructure in the Permian Basin.
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When Bruce Leonard of Targa Resources talks propane supply and winter preparedness, he places an emphasis on filling downstream storage locations.
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