Enterprise: Latest Midstream Name to Grow Permian Footprint via Acquisition
August 22, 2024 at 14:55 PM EDT
Enterprise Products Partners LP (EPD) is the latest midstream company to strike a deal that will expand its natural gas gathering and processing footprint in the Permian. Enterprise will acquire Pinon Midstream in a $950 million deal expected to close in the fourth quarter of 2024. The acquisition will grow Enterprise’s natural gas processing footprint [...] The post Enterprise: Latest Midstream Name to Grow Permian Footprint via Acquisition appeared first on ETF Trends .