ONEOK completes acquisition of Gulf Coast NGL System to accelerate commercial synergies
Acquiring Company
ONEOK
Acquired Company
Easton Energy
Description
ONEOK, Inc. has completed the acquisition of a natural gas liquids (NGL) pipeline system from Easton Energy for approximately $280 million. This strategic acquisition expands ONEOK's NGL asset portfolio, allowing it to capture commercial synergies related to the recent acquisition of Magellan. The acquired assets offer significant connectivity between critical Gulf Coast supply and demand centers, further strengthening ONEOK's position in the market.
Quick answer
ONEOK is acquiring Easton Energy, announced June 17, 2024. ONEOK is based in Tulsa, Oklahoma, United States.
- How much did ONEOK pay for Easton Energy?
- The deal value was not disclosed.
- 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.
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Who to call at ONEOK, and when
When ONEOK changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ONEOK raises, hires an executive or expands, scored against what you sell
- 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 June 17, 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 June 17, 2024. ONEOK, Inc. has completed the acquisition of a natural gas liquids (NGL) pipeline system 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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