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Energy Transfer Continues Its Acquisition Binge With This $3.3 Billion Deal (Giving It a Lot More Fuel to Increase Its High-Yielding Payout)

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Energy Transfer Continues Its Acquisition Binge With This $3.3 Billion Deal (Giving It a Lot More Fuel to Increase Its High-Yielding Payout)


Energy Transfer (NYSE: ET) continues to lead the midstream sector's consolidation. The master limited partnership (MLP) made two deals last year and recently followed them up with its first acquisition in 2024. It's paying nearly $3.3 billion to buy WTG Midstream. Its latest deal perfectly aligns…

#energytransfer #permianbasin #midlandbasin #permian #bangl #ngl #wtgmidstream #midstream #bpd #mlp

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