Reuters exclusively reported that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt.
Business & FinanceDeals
Occidental explores $18 bln-plus sale of Western Midstream, sources say
20 February 2024, 3:31 pm 1 minute
Market Impact
Dealmaking in the pipeline sector has been picking up as some companies look to cut costs while others seek more access at scale to attractive oil and gas producing regions, including the Permian basin, as well as export facilities on the U.S. Gulf Coast.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Business & FinanceCommodities & Energy
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
