Targa Resources to Acquire Lucid Energy in $3.55 Billion Cash Deal

Transaction Type
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Estimated Price
$3,550.0MM
Description

To acquire Lucid Energy Group, a leading privately held natural gas processor in the Permian with assets focused in the Delaware Basin primarily in Eddy and Lea counties, NM. (Expected to close 3Q 2022)