Williams Companies in Advanced Talks to Acquire Momentum Midstream for $5.5 Billion
U.S. natural gas pipeline giant Williams Companies is nearing a $5.5 billion acquisition of Momentum Midstream from private equity firm EnCap Flatrock Midstream. The deal would add 4,000 miles of pipeline, including the key NG3 line connecting the Haynesville shale to Gulf Coast LNG export terminals. This positions Williams to capitalize on surging natural gas demand from data centers and an expected doubling of U.S. LNG export capacity by 2031. The announcement could come within weeks.
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Williams (WMB) in Advanced Talks to Acquire Momentum Midstream for $5.5 Billion
The Williams Companies Inc. (WMB) is in advanced negotiations to acquire natural gas pipeline operator Momentum Midstream for approximately $5.5 billion. The deal, one of the largest in Williams' history, is being negotiated with private equity firm EnCap Flatrock Midstream. If completed, the acquisition would add 4,000 miles of pipeline to Williams' existing 30,000-mile network, enhancing capacity to transport natural gas from the Haynesville fields in East Texas and Northern Louisiana to key U.S. Gulf Coast LNG export terminals. Momentum's assets currently support 10 LNG facilities and 26 power plants. A formal announcement could come within the next week, though no final agreement has been reached. The deal positions Williams to benefit from an expected doubling of U.S. LNG exports by the end of the decade.
Yahoo FinanceWilliams (WMB) in Advanced Talks to Acquire Momentum Midstream for $5.5 Billion
The Williams Companies Inc. (NYSE: WMB) is in advanced negotiations to acquire natural gas pipeline operator Momentum Midstream for approximately $5.5 billion, according to a report on June 28. The deal, one of the largest in Williams' history, involves purchasing the firm from private equity provider EnCap Flatrock Midstream. A formal announcement could be made within the next week, though no final agreement has been reached. If completed, the acquisition would significantly expand Williams' infrastructure, adding capacity to transport natural gas from the Haynesville fields in East Texas and Northern Louisiana to key export terminals on the U.S. Gulf Coast. Momentum Midstream currently operates 4,000 miles of pipeline that support 10 LNG facilities and 26 power plants. This integration would position Williams to benefit from the expected doubling of U.S. liquefied natural gas exports by the end of the decade.
Yahoo FinanceWilliams Nears $5.5 Billion Acquisition of Momentum Midstream to Expand Natural Gas Pipeline Network
Williams Companies (WMB) is in advanced negotiations to acquire Momentum Midstream from EnCap Flatrock Midstream for approximately $5.5 billion, which would be its largest acquisition in years. The deal would expand Williams' pipeline infrastructure into the Haynesville Shale, including the 250-mile NG3 system that moves 2.3 billion cubic feet of gas per day to LNG facilities and power plants. The timing aligns with projections that US LNG export capacity will nearly double by 2031. Despite Williams shares rising 23.35% year-to-date, the stock fell 3.67% upon news of the deal, though the broader energy sector also experienced weakness. The deal could be announced within a week, though EnCap may still choose to retain Momentum.
Yahoo FinanceWilliams makes $5.5 billion bet on Momentum Midstream amid data center and LNG boom
Williams Companies is in advanced talks to acquire Momentum Midstream from EnCap Flatrock Midstream for approximately $5.5 billion, potentially its largest acquisition in years. The deal would give Williams access to the Haynesville Shale via Momentum's 4,000 miles of pipeline, serving 10 LNG facilities and 26 power plants, including the 250-mile NG3 system. The acquisition aligns with surging natural gas demand from data centers and nearly doubling US LNG export capacity by 2031. Williams shares fell 3.67% on the news, though the stock is up 23.35% year-to-date. The deal could be announced within a week, though EnCap retains the right to walk away.
Yahoo FinanceU.S. Pipeline Giant Williams Eyes $5.5 Billion Deal for Momentum Midstream
U.S. natural gas pipeline giant Williams Companies is in advanced talks to acquire pipeline operator Momentum Midstream from private equity firm EnCap Flatrock Midstream in a deal valued at approximately $5.5 billion, according to sources familiar with the matter. The transaction could be one of Williams' largest acquisitions ever and may be announced within weeks, though no final decision has been made. Momentum Midstream operates about 4,000 miles of pipeline with a capacity of 6 billion cubic feet per day, connecting the Haynesville shale basin to Gulf Coast LNG export terminals, power plants, and industrial facilities. A key asset is the 250-mile NG3 pipeline that directly links Haynesville to Louisiana's Gillis LNG demand hub. If completed, the acquisition would significantly expand Williams' access to the growing U.S. LNG export market. Williams, headquartered in Tulsa, Oklahoma, already handles about one-third of the natural gas used for residential and power generation in the United States. The company recently posted record first-quarter profits, with net income rising 25% year-over-year, driven by its natural gas strategy and expansion projects.
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