Energy Transfer Expands Permian Presence With $3.25B Acquisition: Details
Energy Transfer Expands Permian Presence With $3.25B Acquisition: Details
Diamondback Energy, Inc. (NASDAQ:FANG) shares are trading higher after it penned a deal with Energy Transfer LP (NYSE: ET) to sell WTG Midstream Holdings LLC.
Diamondback Energy，Inc.(納斯達克：FANG)與Energy Transfer LP(紐交所：ET)完成了與WTG Midstream Holdings LLC的協議，並推動股票交易上漲。
Energy Transfer LP is acquiring WTG Midstream from affiliates of Stonepeak, the Davis Estate and Diamondback Energy in a transaction valued at approximately $3.25 billion.
Energy Transfer LP正在以價值約3250萬美元的交易收購WTG Midstream，該交易來自Stonepeak、Davis Estate以及Diamondback Energy的子公司。
The transaction's consideration comprises $2.45 billion in cash and approximately 50.8 million newly issued Energy Transfer common units.
交易的考慮包括24.5億美元的現金和大約5080萬個新發行的Energy Transfer普通股。
The buyout is expected to boost Energy Transfer's natural gas pipeline and processing network in the Permian Basin.
收購預計將促進Energy Transfer在Permian盆地的天然氣管道和處理網絡。
The acquisition comprises eight gas processing plants (~1.3 Bcf/d), two more under construction (~0.4 Bcf/d) assets and a 20% stake in BANGL Pipeline.
收購包括8個氣體處理廠(~1.3 Bcf/d)，另外兩個在建(~0.4 Bcf/d)的資產和BANGL Pipeline的20%股權。
Energy Transfer is expected to benefit from well positioned assets in the Permian, which is the most active region in the U.S.
能源轉移預計將從Permian的處於優勢地位的資產中獲益，該地區是美國最活躍的地區。
The deal is projected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions.
交易預計將於2024年第三季度完成，需經過監管審批和常規的收盤條件。
Synergy: The deal is anticipated to add incremental revenue from downstream NGL transportation and fractionation fees. Energy Transfer expects the WTG assets to add around $0.04 of Distributable Cash Flow (DCF) per common unit in 2025, which is expected to grow to about $0.07 per common unit in 2027.
協同作用：交易預計將從下游的NGL運輸和分餾費用中增加收入。Energy Transfer預計，WTG資產將在2025年每個普通單元增加約0.04美元的可分配現金流(DCF)，預計將在2027年增加至約0.07美元的每個普通單元。
Diamondback Energy expects a total pre-tax consideration net of approximately $375 million, subject to customary closing conditions and adjustments. Proceeds from the transaction will be used to reduce debt associated with the pending Endeavor Energy Resources, L.P. merger.
Diamondback Energy預計，除了習慣性的收盤條件和調整外，總稅前考慮淨額約爲37500萬美元。交易所得將用於減少與待處理的Endeavor Energy Resources, L.P.併購相關的債務。
As of March-end, Energy Transfer's adjusted Distributable Cash Flow attributable to partners stood at $2.36 billion.
截至三月末，Energy Transfer歸屬合夥人的調整可分配現金流爲23.6億美元。
Investors can gain exposure to FANG stock via Texas Capital Funds Trust Texas Capital Texas Oil Index ETF (NYSE:OILT) and Invesco Energy Exploration & Production ETF (NYSE:PXE).
投資者可以通過Texas Capital Funds Trust Texas Capital Texas Oil Index ETF(紐交所：OILT)和Invesco Energy Exploration & Production ETF(紐交所：PXE)獲得FANG的股票表現。
Price Action: FANG shares are up 1.89% at $197.11 at the last check Tuesday.
價格表現：截至上週二最後一次檢查，FANG股價上漲1.89%，至197.11美元。
Photo via Shutterstock
圖片來自shutterstock。