Close the acquisition of Lucid Energy
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 17 Jun 2022
- Due
- 30 Sep 2022
- Delivered
- 29 Jul 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the third quarter of 2022.”
What we found
Evidence strength A What the grades mean
Filings state the Lucid Energy Delaware acquisition was completed on July 29, 2022, before the September 30, 2022 deadline.
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A Targa Resources 10-Q filed 2022-11-03
“On July 29, 2022, we completed the acquisition of all of the interests in Lucid Energy Delaware, LLC (“Lucid”) from Riverstone Holdings LLC and Goldman Sachs Asset Management for approximately $3.5 billion in cash” ✓ confirmed on the page
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A Targa Resources 10-K filed 2023-02-22
“In July 2022, we completed the acquisition of all of the interests in Lucid Energy Delaware, LLC (“Lucid”) for approximately $3.5 billion in cash” ✓ confirmed on the page
Market reaction: the shares moved +5.1% against the S&P 500 over the three sessions around the disclosure (2 Nov 2022 to 7 Nov 2022). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of Lucid Energy
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions; regulatory approvals
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-TRGP-010306 · Corrections policy