Investment Summary

Altus Midstream Invests In Enterprise Products Partners - Shin Oak Pipeline

On July 31, 2019, Altus Midstream invested in energy services and equipment company Enterprise Products Partners - Shin Oak Pipeline from Enterprise Products Partners

Investment Highlights
  • This is Altus Midstream’s 1st transaction in the Energy Services and Equipment sector.
  • This is Altus Midstream’s 1st transaction in the United States.
  • This is Altus Midstream’s 1st transaction in Texas.

Investment Summary

Date 2019-07-31
Target Enterprise Products Partners - Shin Oak Pipeline
Sector Energy Services and Equipment
Investor(s) Altus Midstream
Sellers(s) Enterprise Products Partners
Deal Type Stake Purchase

Target

Enterprise Products Partners - Shin Oak Pipeline

Houston, Texas, United States
Enterprise Products Partners LP - Shin Oak Pipeline is a 658-mile Shin Oak Pipeline transports growing NGL production from multiple basins.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Altus Midstream

Houston, Texas, United States

Category Company
Sector Oil/Gas Exploration
Revenue 148M USD (2020)
DESCRIPTION

Altus Midstream is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Altus Midstream is based in Houston, Texas.


DEAL STATS #
Overall 1 of 2
Sector: Energy Services and Equipment M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
State: Texas M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 EagleClaw Midstream

Midland, Texas, United States

EagleClaw Midstream is a midstream company focused on developing infrastructure opportunities in the Permian Basin. EagleClaw provides natural gas producers with a wide array of midstream services including gathering, compression, treating, processing and transportation.

Buy -

Seller(S) 1

SELLER

Enterprise Products Partners

Houston, Texas, United States

Category Company
Founded 1968
Sector Oil/Gas Exploration
Revenue 56.2B USD (2024)
DESCRIPTION

Enterprise Products Partners is a major North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals. Enterprise Products Partners was incorporated in 1968 and is based in Houston, Texas.


DEAL STATS #
Overall 5 of 5
Sector: Energy Services and Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 4 of 4
State: Texas M&A 4 of 4
Country: United States M&A 5 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-15 Azure Midstream Partners

Dallas, Texas, United States

Azure Midstream Partners LP is a fee-based, growth-oriented midstream energy company offering natural gas gathering & processing and crude oil logistics services in core producing areas in the United States.

Buy $189M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 NOVA Chemicals - Ethylene Storage Business

Calgary, Alberta, Canada

NOVA Chemicals' Ethylene Storage Businessoperates an ethylene storage business and trading hub in Mont Belvieu, Texas.

Buy -