XOM · News · 20260920N
Permian Midstream Agreement
ExxonMobil Holdings Corp · 2026-09-20 · Importance 40 · Surprise 42 · In source text
ExxonMobil entered into a 20-year agreement with Targa Resources related to Permian Basin wet-gas growth. The agreement supports Targa’s expansion strategy and is described as a key driver of its expected EBITDA growth. The report does not disclose the agreement’s value, effective date, or specific ExxonMobil segment allocation.
Key facts
- ExxonMobil Holdings Corp has a recent 20-year agreement with Targa Resources. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | — | ExxonMobil Holdings Corp has a recent 20-year agreement with Targa Resources. |