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(Bloomberg) -- Crestwood Equity Partners LP agreed to acquire Oasis Midstream Partners LP for about $1 billion in cash and stock, adding pipelines and related assets in a bet on growth in the Williston and Delaware shale basins in the U.S.
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Oil and gas pipeline operator Crestwood Equity Partners LP will buy Oasis Petroleum Inc's midstream unit in a $1.8 billion deal to expand its footprint in U.S. shale basins.
Operator Good morning, and welcome to Oasis Midstream second-quarter conference call. [Operator instructions] Please note that this event is being recorded. Now I'd like to turn the conference over to Mr. Richard Robuck, CFO. Please go ahead. Chief Financial Officer Thanks, Nick. Good morning, everyone. This is Richard, as Nick mentioned. Today, we're reporting our second-quarter 2021 financial and operational results. We're delighted to have you on our call. I'm joined today by Taylor Reid and Michael Lou, as well as other members of the team. Please be advised that our remarks on both Oasis...
Operator Good day, and welcome to the Oasis Midstream Partners first-quarter earnings results conference call. [Operator instructions] Please note this event is being recorded. I would now like to turn the conference over to Richard Robuck, chief financial officer. Please go ahead. Richard Robuck -- Chief Financial Officer Thanks, Sarah. Good morning, everyone. Today, we're reporting our first quarter of 2021 financial and operational results. We are delighted to have you on our call today. I'm joined by Taylor Reid and Michael Lou, as well as other members of the team. Please be advised tha...