Targa Resources Corp. Completes Acquisition of Stakeholder Midstream

Group 1 - Targa Resources Corp. has completed the acquisition of Stakeholder Midstream, LLC for $1.25 billion in cash, effective January 1, 2026 [1] - Targa is a leading provider of midstream services and one of the largest independent infrastructure companies in North America, focusing on the delivery of energy across the United States and globally [2] - The company's operations are essential for connecting natural gas and natural gas liquids (NGLs) to both domestic and international markets, catering to the increasing demand for cleaner fuels [2] Group 2 - Targa Resources is a FORTUNE 500 company and is included in the S&P 500 index, indicating its significant presence in the market [3]