M&A Deal Summary |
|
|---|---|
| Date | 2022-09-12 |
| Target | Crestwood Equity Partners s Marcellus Gathering and Compression System |
| Sector | Energy Services and Equipment |
| Buyer(s) | Antero Midstream Partners |
| Sellers(s) | Crestwood |
| Deal Type | Divestiture |
| Deal Value | 205M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Oil/Gas Exploration |
| Employees | 604 |
| Revenue | 1.2B USD (2024) |
Antero Midstream is a limited partnership that owns, operates and develops midstream gathering, compression, processing and fractionation assets as well as integrated water assets that primarily service Antero Resources Corporation's properties located in West Virginia and Ohio. Antero Midstream Partners was founded in 2013 and is based in Denver, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-18 |
Antero Resources Corp - Water Business
United States Antero Resources Corp - Water Business is a provider of water services in West Virginia and Ohio. |
Buy | $1.1B |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Energy Services and Equipment |
| Revenue | 6.0B USD (2022) |
Crestwood is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. The company is engaged in the gathering, processing, treating, compression, and transportation of natural gas; storage, transportation, terminalling, and marketing of NGLs; gathering, storage, terminalling, and marketing of crude oil; and gathering and disposal of produced water. Crestwood was founded in 2001 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Energy Services and Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 4 of 4 |
| Year: 2022 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-25 |
Crestwood Equity Partners - North Texas Gathering & Processing Assets
Houston, Texas, United States North Texas Gathering and Processing System assets include 500 miles of lean and rich gas gathering pipeline and three processing plants with 425 million cubic feet per day (MMcf/d) of capacity, which will be available for future relocation. |
Sell | $275M |
