ONEOK Acquires Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion
Deals·2 articles across 2 outlets·◆ Primary source
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ONEOK has announced its acquisition of Brazos Midstream's assets in the Permian Midland Basin for a total of $4.425 billion. This strategic move is part of ONEOK's efforts to strengthen its position in the energy sector and expand its operations in the Permian region.
The acquisition is expected to enhance ONEOK's capabilities and increase its footprint in one of the most prolific oil and gas producing areas in the United States. The deal reflects the company's commitment to investing in high-quality assets that align with its growth strategy.
ONEOKBrazos Midstream
Sources
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SourceReports the news
“ONEOK to Acquire Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion”
SEC Filing — ONEOK to Acquire Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion“ONEOK (OKE) Doubles Down on the Permian with $4.43 Billion Brazos Acquisition”
Yahoo Finance — ONEOK (OKE) Doubles Down on the Permian with $4.43 Billion Brazos Acquisition