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Energy

Targa Resources Executes 2-Year Agreement With ExxonMobil Over Integrated Natural Gas Gathering, Processing In Permian Basin

Aug 17, 2026 · 04:16 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 Resources signed a deal with ExxonMobil to collect and clean up natural gas from the Permian Basin (a big oil and gas area) for the next two years. This is like Targa getting a steady, long-term job, which usually means a company has solid work lined up and customers who trust them.

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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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