M&A Deal Summary |
|
|---|---|
| Date | 2024-05-13 |
| Target | Easton Energy - Gulf Coast NGL Pipelines |
| Sector | Energy Services and Equipment |
| Buyer(s) | ONEOK |
| Sellers(s) | Easton Energy |
| Deal Type | Divestiture |
| Deal Value | 280M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Energy Services and Equipment |
| Employees | 5,177 |
| Revenue | 21.7B USD (2024) |
ONEOK gathers, processes, stores, and transports natural gas in the US. The Company also owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with a variety of market centers. ONEOK was formed in 1906 and is based in Tulsa, Oklahoma.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector: Energy Services and Equipment M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 3 |
| Country: United States M&A | 3 of 5 |
| Year: 2024 M&A | 1 of 3 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-14 |
Magellan
Tulsa, Oklahoma, United States Magellan is a partnership that primarily transports, stores, and distributes refined petroleum products and crude oil. It owns a refined petroleum products pipeline system with access to nearly 50% of the nation's refining capacity and can store more than 100 million barrels of petroleum products such as gasoline, diesel fuel, and crude oil. Magellan was founded in 2000 and is based in Tulsa, Oklahoma. |
Buy | $18.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-31 |
Medallion Midstream
Irving, Texas, United States Medallion Midstream provides a broad range of midstream solutions, including crude oil gathering, transportation and storage, as well as natural gas gathering, processing and treating. Medallion Midstream is based in Irving, Texas. |
Buy | $2.6B |
Easton Energy LLC is a midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of natural gas liquids (NGL), refined products, and petrochemicals. Easton Energy is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-06 |
Williams Cos. - Gulf Coast Natural Gas Liquids Pipeline Systems
Tulsa, Oklahoma, United States Williams Cos. Inc. - Gulf Coast Natural Gas Liquids Pipeline Systems includes natural gas liquids from various supply sources to petrochemical consumers in Texas and Louisiana markets. |
Buy | $177M |
