M&A
confidence high
sentiment positive
materiality 0.80
Energy Transfer closes $2.275B cash + stock acquisition of WTG Midstream
Energy Transfer LP
- Total consideration: $2.275 billion cash plus ~50.8 million newly issued ET common units.
- Adds ~6,000 miles of gas gathering pipelines and eight processing plants (1.3 Bcf/d capacity) in the Midland Basin.
- Two additional processing plants under construction; acquisition expands NGL and natural gas supply to ET's system.
- Expected accretive: ~$0.04 DCF per unit in 2025, rising to ~$0.07 per unit in 2027.