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Targa Acquires Lucid Energy in $3.55-Billion Deal, Expands in the Delaware Basin

The acquisition expands Targa’s midstream natural gas processing footprint in the active Delaware Basin of New Mexico. ....

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Targa to buy Permian gas processor Lucid Energy Delaware for $3.55 billion

Targa Resources Corp. has agreed to buy Permian natural gas processor Lucid Energy Delaware LLC from Riverstone Holdings LLC and Goldman Sachs Asset Management for $3.55 billion in cash. ....

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Targa Resources Corp. to Acquire Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn; Provides Updated 2022 Standalone Financial Outlook

Complementary and highly strategic acquisition of leading gathering and processing system in the Delaware BasinIncreases Targa’s size and scale in the Delaware BasinLong-term fixed-fee. | June 16, 2022 ....

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Targa to boost Permian natgas footprint with $3.55 bln Lucid Energy deal

Oil and gas infrastructure company Targa Resources on Thursday agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, using the financial benefits of high commodity prices. ....

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Targa Resources to acquire Lucid Energy to boost Delaware Basin footprint

Targa Resources to acquire Lucid Energy to boost Delaware Basin footprint
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