Western Midstream

Exclusive-Occidental explores $20 billion-plus sale of Western Midstream, sources say

February 20, 2024

Yahoo Finance Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of close to $20 billion, including debt, according to people familiar with the matter. Western Midstream shares rose 10% to $32.12 in afternoon trading in New York on Tuesday. The divestment would help Occidental, which is backed

Western Midstream announces expansion of Powder River Basin footprint with the acquisition of Meritage Midstream

September 5, 2023

Oil and Gas 360 HOUSTON–(BUSINESS WIRE)– Western Midstream Partners, LP (“WES” or the “Partnership”) (NYSE: WES) today announced that one of its operating subsidiaries has signed an agreement to acquire Meritage Midstream Services II, LLC (“Meritage”) in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments. Meritage, a privately held midstream company headquartered in Denver, Colorado,

Anticipating More Wyoming Crude: Saddlehorn Pipeline Capacity to Expand by 50%

July 1, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 New Ft. Laramie origin point announced, open season launched Saddlehorn Pipeline Company, owned in part and operated by Magellan Midstream (stock ticker: MMP), is planning to expand its Saddlehorn pipeline to a new origin point in Fort Laramie, Wyoming, which would subsequently increase the system’s capacity by up to 100,000 BOPD.

Exclusive-Occidental explores $20 billion-plus sale of Western Midstream, sources say

Western Midstream announces expansion of Powder River Basin footprint with the acquisition of Meritage Midstream

Anticipating More Wyoming Crude: Saddlehorn Pipeline Capacity to Expand by 50%

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