Page 8 - Enable Midstream News Today

Pipeline giant Energy Transfer made quite a splash yesterday during its 4Q and full-year 2020 update by announcing the company has cut a deal to buy Enable Midstream for $7.2 billion. That deal, while important, has nothing to do with the M-U region. We were interested in talk about the company's Mariner East (ME) pipeline system and Marcus Hook terminal--and there was plenty of talk about those important assets too. Co-CEO Tom Long said he expects the last pieces of ME to finally be done i...

U.S. pipeline operator Energy Transfer  ( ET) - Get Report agreed to buy rival Enable Midstream Partners  ( The deal value is about $7.2 billion including debt.  Under the terms Enable holders would receive about 0.86 Energy Transfer share for each of their units.  Energy Transfer shares closed on Tuesday at $6.96. Based on that close, 0.86 share would be valued at $5.99. Enable Midstream shares at last check were down 7.7% at $6.01. Energy Transfer shares on Wednesday were trading off 1...

Dallas-based pipeline giant Energy Transfer is acquiring an Oklahoma City company in an all-stock deal valued at $7.2 billion during an unprecedented...

U.S. Energy Transition to Fuel Utility Dealmaking in 2021 Bloomberg 1/15/2021 Kiel Porter, Brian Eckhouse, Mark Chediak and Will Wade (Bloomberg) -- Utility dealmaking is poised to pick up in 2021 as companies shake off a dour year that saw the least activity in more than a decade. While energy powerhouses including NextEra Energy Inc. are on the hunt for their next big acquisition, others may look to shed their natural gas arms or other assets to simplify their businesses and...

Share this article Share this article OKLAHOMA CITY, Dec. 16, 2020 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) today announced the appointment of Cristina Fernandez McQuistion to the newly created role of Vice President – Corporate Responsibility and Stewardship. Effective January 1, 2021, McQuistion will transition from her current role as Vice President and Chief Information Officer and will report to OGE Energy Chairman, President and CEO Sean Trauschke. McQuistion will focus on advanc...