Acquiring Company
Targa Resources
Acquired Company
Lucid Energy
HoustonEnergyOil And GasNatural ResourcesEnergyNatural ResourcesDescription
Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that one of its wholly-owned subsidiaries has completed the previously announced acquisition of Lucid Energy Delaware, LLC (“Lucid”) for $3.55 billion. This acquisition extends and further strengthens Targa’s position in the core of the Delaware Basin.
Quick answer
Targa Resources is acquiring Lucid Energy, announced July 29, 2022. Targa Resources is based in Houston, Texas, United States.
- How much did Targa Resources pay for Lucid Energy?
- The deal value was not disclosed.
- What does Targa Resources do?
- Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America.
- Where are Targa Resources and Lucid Energy based?
- Targa Resources is based in Houston, Texas, United States.
- Who are the decision-makers at Targa Resources?
- Fundz holds 3 contacts at Targa Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Targa Resources Corp. To Acquire Lucid Energy From Riverstone Holdings And Goldman Sachs Asset Management For $3.55Bn; Provides Updated 2022 Standalone Financial Outlook, $3.5B (June 16, 2022)
- Eig To Acquire 25% Of Repsol’S Entire Global Upstream Business In New Partnership (September 7, 2022)
- Energycap Acquires Wattics, A Global Leader In Energy Management Analytics & Monitoring Software (August 23, 2022)
- Xpansiv To Acquire Evolution Markets, Expanding The World’S Leading Environmental Market Infrastructure (August 4, 2022)
- Nextier Asset Acquisition Expands Last Mile Logistics Capabilities; Nextier Completes Coiled Tubing Sale (August 3, 2022)
- Ring Energy Announces The Closing Of The Stronghold Permian Basin Assets Acquisition (September 1, 2022)
Who to call at Targa Resources, and when
When Targa Resources changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Targa Resources raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Targa Resources, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Targa Resources. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Targa Resources makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Lucid Energy?
Lucid Energy was acquired by Targa Resources, based in Houston. The deal was reported on July 29, 2022. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. Targa Resources is publicly traded (TRGP) and operates in Energy.
When did Targa Resources acquire Lucid Energy?
Targa Resources's acquisition of Lucid Energy was reported on July 29, 2022. Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that one of its wholly-owned subsidiaries has completed the previously announced acquisition of Lucid Energy Delaware, LLC (“Lucid”) for $3.55 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lucid Energy do?
Lucid Energy Group is the largest privately held natural gas processor in the Permian Basin, providing the full range of gas midstream services to more than 50 customers in New Mexico and West Texas. It is privately held, operating in Energy.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.