M&A Deal Summary |
|
|---|---|
| Date | 2025-10-21 |
| Target | CenterPoint Energy s Ohio natural gas utility business |
| Sector | Utilities |
| Buyer(s) | National Fuel |
| Sellers(s) | CenterPoint Energy |
| Deal Type | Divestiture |
| Deal Value | 2.6B USD |
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| Category | Company |
|---|---|
| Founded | 1902 |
| Sector | Utilities |
| Employees | 2,311 |
| Revenue | 1.9B USD (2024) |
National Fuel is a diversified energy company that engages in utility, pipeline and storage, exploration and production, energy marketing, and gathering of oil and gas utilities. National Fuel was founded in 1902 and is based in Williamsville, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-04 |
Royal Dutch Shell - U.S. Appalachia Assets
New York, United States Royal Dutch Shell plc - U.S. Appalachia Assets are located in the predominately rural northern and western portions of Pennsylvania, where drilling and producing of dry gas from the Marcellus and Utica forms. |
Buy | $541M |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Utilities |
| Employees | 8,872 |
| Revenue | 8.6B USD (2024) |
CenterPoint Energy is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, and energy services operations. CenterPoint Energy owns and operates natural gas distribution systems. CenterPoint also offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and gas utilities. CenterPoint Energy was founded in 1866 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Utilities M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 6 of 6 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 6 of 6 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-20 |
CenterPoint Energy - Louisiana & Mississippi Natural Gas Distribution Operations
United States CenterPoint Energy's Louisiana & Mississippi Natural Gas Distribution Operations provides natural gas distribution systems that serve approximately 381,000 residential and commercial customers across both states. |
Sell | - |
