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 $4.425 billion. This strategic move is part of ONEOK's efforts to enhance its position in the energy sector.
The acquisition is expected to bolster ONEOK's operations and expand its footprint in the lucrative Permian Basin, which is known for its significant oil production capabilities.
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