DT Midstream Closes $1.2B Midwest Pipeline Acquisition with ONEOK
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
1200BB
Description
DT Midstream (DTM) has closed its $1.2 billion acquisition of three natural gas pipelines from ONEOK Inc.
DT Midstream acquired full ownership of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission, the company said Dec. 31. The acquired pipelines have a total capacity of more than 3.7 Bcf/d and span approximately 1,300 miles across seven states in the Midwest.