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Enterprise Products (EPD) Announces Permian Asset Acquisitions
Enterprise Products Partners L.P.Enterprise Products Partners L.P.(US:EPD) Zacks Investment Research·2024-02-23 17:51

Enterprise Products Partners L.P. (EPD) announced a series of strategic acquisitions from Western Midstream Partners (WES) , a subsidiary of Occidental Petroleum (OII) . The acquisitions, valued at $400 million, mark a shift in the landscape of the energy infrastructure in the United States, particularly in the Permian Basin.Key Acquisitions and Financial DetailsEnterprise Products acquired significant assets from Western Midstream, including a 20% interest in Whitethorn, which owns the Midland-to-Sealy seg ...