Targa Resources shares are trading higher after the company announced new 20-year agreements for gathering, processing and downstream services to support ExxonMobil’s development of its Permian Basin acreage.

Targa Resources Corp.

Targa Resources Corp.

TRGP

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Targa Resources shares are trading higher after the company announced new 20-year agreements for gathering, processing and downstream services to support ExxonMobil’s development of its Permian Basin acreage.