ONEOK to buy Brazos Midstream Permian Midland Basin assets for $4.43 billion

Reuters2026/08/31 21:12

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Oneok agreed to buy Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for USD 4.43 billion cash.
Deal targets expanded Permian scale; management expects immediate accretion to earnings and free cash flow per share.
Closing expected in Q4 2026, subject to customary conditions including Hart-Scott-Rodino clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oneok Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-377023), on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ONEOK to buy Brazos Midstream Permian Midland Basin assets for $4.43 billion

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