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ONEOK, Inc. to acquire Easton Energy's Gulf Coast Liquids Pipeline System

PRIVATEMay 13, 2024

Acquiring Company

ONEOK

Acquired Company

Easton Energy

TulsaHoustonEnergyOil And GasManufacturingEnergyOil And Gas

Description

Easton Energy, a Houston-based midstream company, has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK, Inc. for approximately $280 million. With this acquisition, ONEOK, Inc. aims to expand its network of natural gas gathering, processing, storage, and transportation assets in the United States.

Quick answer

ONEOK is acquiring Easton Energy, announced May 13, 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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Company Information

Company

ONEOK

Location

Tulsa, Oklahoma, United States

About

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. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest diversified energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.

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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. Easton Energy, a Houston-based midstream company, has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK, Inc. for approximately $280 million. With this acquisition, ONEOK, Inc. 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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