Search results
Results from the WOW.Com Content Network
In addition to deals between publicly traded midstream players, private equity companies have been cashing in on the M&A boom by selling their midstream holdings. Lotus, WTG, Pinon, and Medallion ...
The MLP closed deals for Lotus Midstream ($1.5 billion in May 2023), Crestwood Equity Partners ($7.1 billion in November 2023), and WTG Midstream ($3.1 billion in July 2024), which helped enhance ...
The midstream company is also growing at a very healthy clip. It has grown its distributable cash flow at a 7.7% compound annual rate since 2020, which has helped fuel its increase in distribution ...
The company was founded by Kelcy Warren and Ray Davis in 1996. [2] In 2011, Energy Transfer and Regency Energy Partners formed a joint venture to purchase midstream assets from Louis Dreyfus Highbridge Energy for $2 billion, [7] now known as Castleton Commodities International.
EQT Corporation is an American energy company engaged in hydrocarbon exploration and pipeline transport.It is headquartered in EQT Plaza in Pittsburgh, Pennsylvania.. EQT is the largest natural gas producer in the Appalachian Basin [2] with 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, including approximately 1.5 million gross acres in ...
In addition Total had other significant equity holdings amounting to about 3bn euros, treated as investments and was involved in a number of significant joint ventures, mostly relating to LPG and LNG exploration, production and shipping.
It acquired WTG Midstream in July. The MLP expects that highly accretive deal to increase its distributable cash flow by $0.04 per unit this year, increasing to $0.07 by 2027.
EQT retained a 19.9 percent interest in Equitrans Midstream, [4] (since reduced to 5.3% in 2022) [5] and was awarded a general partner interest in EOGP Holdings LP, a company formed in 2015 to hold a general interest partnership in EQM Midstream Partners LP. Equitrans Midstream also retained a small limited partner interest in EQM Midstream ...