ONEOK to Acquire Strategic Gulf Coast NGL Pipelines from Easton Energy for $280 million
Acquiring Company
ONEOK
Acquired Company
Easton Energy
TulsaHoustonEnergyOil And GasManufacturingEnergyOil And GasDescription
ONEOK, Inc. has announced the agreement to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. The acquisition includes approximately 450 miles of NGL pipelines located in the strategic Gulf Coast market centers, aimed at accelerating commercial synergies from the recent Magellan acquisition and future earnings growth.
Quick answer
ONEOK is acquiring Easton Energy for $280 million, announced May 13, 2024. ONEOK is based in Tulsa, Oklahoma, United States.
- How much did ONEOK pay for Easton Energy?
- The reported deal value is $280 million.
- What does ONEOK do?
- ONEOK delivers energy products and services vital to an advancing world.
- Where are ONEOK and Easton Energy based?
- ONEOK is based in Tulsa, Oklahoma, United States. Easton Energy is based in Houston, Texas, United States.
- Who are the decision-makers at ONEOK?
- Fundz holds 1 contact at ONEOK. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Technip Energies acquires technology from Shell to accelerate bio-polyester production (June 27, 2024)
- Northern Oil and Gas, Inc. Jointly Acquires 20% Stake in XCL Assets with SM Energy (June 27, 2024)
- ONEOK completes acquisition of Gulf Coast NGL System to accelerate commercial synergies (June 17, 2024)
- Chevron Corporation to merge with Hess Corporation after stockholder approval (May 28, 2024)
- Martin Resource Management Corporation proposes acquisition of Martin Midstream Partners L.P. (May 24, 2024)
- ONEOK, Inc. to acquire Easton Energy's Gulf Coast Liquids Pipeline System (May 13, 2024)
Who to call at ONEOK, and when
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- The decision-makers there, with verified emails
- Who you already know at ONEOK, from your own LinkedIn network
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Frequently asked
Who acquired Easton Energy?
Easton Energy was acquired by ONEOK, based in Tulsa. The deal was reported on May 13, 2024. ONEOK delivers energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. ONEOK is privately held and operates in Energy.
When did ONEOK acquire Easton Energy?
ONEOK's acquisition of Easton Energy was reported on May 13, 2024. ONEOK, Inc. has announced the agreement to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Easton Energy do?
Easton Energy LLC is a Houston-based midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of natural gas liquids (NGL), refined products, and petrochemicals. It is privately held, operating in Manufacturing, and is based in Houston.
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