HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that affiliates of Enterprise have executed agreements to acquire a natural gas gathering affiliate of Occidental and to provide Occidental with natural gas gathering and processing services. The agreements include a long-term dedication of approximately 73,000 acres across four counties in the Midland Basin. Enterprise will acquire Occidental’s affiliate, which owns certain natural gas gather
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What regulatory approvals are required and what is the anticipated timeline for closing?
How will the transaction affect Enterprise’s dividend policy and share repurchase plans?
What is the expected financial impact of the acquisition on Enterprise’s quarterly earnings and cash flow?
What are the terms of the long‑term natural gas gathering and processing agreement with Occidental and its duration?
How will the $?? purchase price and financing structure affect Enterprise’s leverage and credit metrics?
Is there any impact on existing contracts or take‑or‑pay obligations with downstream shippers?
What synergies does Enterprise anticipate from integrating Occidental’s gathering assets and how quickly can they be realized?
How might the acquisition influence the company’s exposure to regional gas price volatility and market fundamentals?
What are the potential upside or downside risks if the Midland Basin gas supply outlook changes?
Will the acquisition increase Enterprise’s proven reserve base and processing capacity in the Midland Basin?
Will the new 73,000‑acre Midland Basin processing plant add to Enterprise’s utilization rates and fee revenues?
How does the deal compare to recent midstream M&A activity among peers such as Williams, Energy Transfer, and Kinder Morgan?