ONEOK to buy Brazos Midstream Permian Midland Basin assets for $4.43 billion - OKE News | RalliesONEOK to buy Brazos Midstream Permian Midland Basin assets for $4.43 billion
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OKE• ONEOK agrees to acquire Brazos Midstream assets
- Oneok agreed to buy Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for $4.43 billion in cash.
- The deal targets expanded Permian scale; management expects immediate accretion to earnings and free cash flow per share.
- Closing is expected in Q4 2026, subject to customary conditions including Hart-Scott-Rodino clearance.
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