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CORRECTION: Targa Resources Executes 20-Year Agreement With ExxonMobil Over Integrated Natural Gas Gathering, Processing In Permian Basin

Aug 17, 2026 · 04:18 PM ET· updated 1h ago

Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") today announced the execution of new long-term, integrated midstream agreements with subsidiaries of ExxonMobil, further strengthening the

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Why It Matters

Targa signed a 20-year deal with ExxonMobil to handle natural gas in the Permian oil region. This is like a long-term promise that gives Targa steady business for many years, which helps the company plan ahead.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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