Midstream Acquisitions and Mergers Abound Since February
Midstream Acquisitions and Mergers Abound Since February
SUGAR LAND--June 24, 2015--When oil prices are low, it is not uncommon to see larger, healthier enterprises buy out smaller ones that are failing or underperforming. However, in the past four months alone, there have been several closed and agreed-upon acquisition or merger agreements between healthy midstream companies in similar weight classes. These mergers and acquisitions represent hundreds of millions of dollars in transactions, and greatly expand the holdings of their surviving entities. Within this article: Details on key projects from major companies, including Energy Transfer Partners LP (NYSE:ETP), Williams Companies Incorporated (NYSE:WMB), Pioneer Natural Resources Company (NYSE:PXD), Plains All American Pipeline LP (NYSE:PAA), Royal Dutch Shell plc (NYSE:RDSA), Spectra Energy Corporation (NYSE:SE)
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