Energy Transfer completes acquisition of WTG Midstream Holdings LLC to expand its gas gathering pipelines network
Acquiring Company
Energy Transfer
Acquired Company
WTG Midstream Holdings
DallasTexasEnergyOil And GasRenewable EnergyEnergyOil And GasDescription
Energy Transfer LP has completed its acquisition of WTG Midstream Holdings LLC, adding approximately 6,000 miles of complementary gas gathering pipelines and eight gas processing plants with a total capacity of approximately 1.3 Bcf/d. This acquisition is expected to contribute to the growth of NGL and natural gas volumes in Energy Transfer’s system, increasing revenue from gathering and processing activities along with downstream transportation and fractionation fees.
Quick answer
Energy Transfer is acquiring WTG Midstream Holdings, announced July 15, 2024. Energy Transfer is based in Dallas, Texas, United States.
- How much did Energy Transfer pay for WTG Midstream Holdings?
- The deal value was not disclosed.
- What does Energy Transfer do?
- Energy Transfer LP is a Delaware-based energy company primarily engaged in the transportation and storage of natural gas, NGLs, and crude oil.
- Where are Energy Transfer and WTG Midstream Holdings based?
- Energy Transfer is based in Dallas, Texas, United States. WTG Midstream Holdings is based in Texas, United States.
- Who are the decision-makers at Energy Transfer?
- Fundz holds 2 contacts at Energy Transfer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired WTG Midstream Holdings?
WTG Midstream Holdings was acquired by Energy Transfer, based in Dallas. The deal was reported on July 15, 2024. Energy Transfer LP is a Delaware-based energy company primarily engaged in the transportation and storage of natural gas, NGLs, and crude oil. Energy Transfer is publicly traded (ET) and operates in Energy.
When did Energy Transfer acquire WTG Midstream Holdings?
Energy Transfer's acquisition of WTG Midstream Holdings was reported on July 15, 2024. Energy Transfer LP has completed its acquisition of WTG Midstream Holdings LLC, adding approximately 6,000 miles of complementary gas gathering pipelines and eight gas processing plants with a total capacity of approximately 1.3 Bcf/d. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does WTG Midstream Holdings do?
WTG Midstream Holdings LLC provides comprehensive midstream services including wellhead gathering, intra-basin transportation, and processing services. It is privately held, operating in Energy, and is based in Texas.
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