ONEOK, Inc. (NYSE: OKE) has announced the completion of its strategic acquisition of Gulf Coast Pipeline System, a network of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. This significant purchase expands ONEOK’s presence in the crucial Gulf Coast region, enhancing its infrastructure capabilities in key supply and demand centers. The […]
Easton Energy, a Houston-based midstream company, has announced an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK, Inc. for approximately $280 million. This transaction is subject to customary price adjustments and conditions, including termination or expiration of the waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act. The pipeline system being sold comprises […]
