You Ain't Seen Nothin' Yet - How Energy Transfer's WTG Midstream Buy Will Add To Its Permian Heft RBN Energy Blogcast podcast

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You Ain't Seen Nothin' Yet - How Energy Transfer's WTG Midstream Buy Will Add to Its Permian Heft

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Energy Transfer is yet again slaking its acquisition appetite by gobbling up another natural gas gatherer and processor to further expand its already formidable Permian footprint. The company announced May 28 that it has struck a $3.25 billion cash-and-stock deal to buy WTG Midstream, a West Texas-based and private equity-backed operator whose Permian assets will boost the acquiring company’s access to gas and NGL volumes as the U.S. midstream sector shows continued consolidation. In today’s RBN blog, we’ll look at how the addition of WTG’s midstream holdings will enhance Energy Transfer’s asset lineup, including its ongoing NGL export and storage expansions.

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1282 episoder

#Business #RBN #RBN Energy

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You Ain't Seen Nothin' Yet - How Energy Transfer's WTG Midstream Buy Will Add to Its Permian Heft

RBN Energy Blogcast

12 subscribers

published 3M ago

Del

MP3•Episoder hjem

Innhold levert av RBN Podcast and RBN Energy. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av RBN Podcast and RBN Energy eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Energy Transfer is yet again slaking its acquisition appetite by gobbling up another natural gas gatherer and processor to further expand its already formidable Permian footprint. The company announced May 28 that it has struck a $3.25 billion cash-and-stock deal to buy WTG Midstream, a West Texas-based and private equity-backed operator whose Permian assets will boost the acquiring company’s access to gas and NGL volumes as the U.S. midstream sector shows continued consolidation. In today’s RBN blog, we’ll look at how the addition of WTG’s midstream holdings will enhance Energy Transfer’s asset lineup, including its ongoing NGL export and storage expansions.

… continue reading

1282 episoder

#Business #RBN #RBN Energy

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