Williams Strikes $5.5 Billion Deal for Momentum Midstream -- WSJ
Dow Jones2026/08/03 21:25By Benoît Morenne
Pipeline giant Williams Companies has agreed to acquire rival Momentum Midstream from private equity firm EnCap Flatrock Midstream in a deal valued up to $5.5 billion, the companies announced Monday.
The companies said Williams will pay about $3.5 billion in cash and debt consideration and $2 billion in stock.
With Momentum, Williams gets its hands on over 4,000 miles of gathering and transmission pipelines that serve the Haynesville Shale, a giant natural-gas field spanning East Texas and Louisiana. The infrastructure connects natural-gas drilling operations to power plants, industries and petrochemical facilities, as well as to a key supply node for Gulf Coast terminals that chill and export natural gas.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 03, 2026 17:25 ET (21:25 GMT)
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