One-Page Deal Sheet
ETP Acquires ~65% Interest in PennTex Midstream
Energy Transfer Partners Lp Penntex Midstream Partners LLC
Announced Date
October 25,2016
Close Date
November 02,2016
Transaction Type
Working Interest
Location
Region
Ark-La-Tex - North Louisiana
Country
United States
State
Louisiana
Transaction Details: Require Private Equity Subscription
Close Date : 11/02/2016
ETP Annouced that the company closed on its acquistion of certain interest in PennTex Midstream Partners for $640 Million.
Announce Date : 10/25/2016
Energy Transfer Partners has agreed to acquire certain interests in PennTex Midstream Partners from various parties for total consideration of approximately $640 million.
Upon closing the transaction, ETP will own 100% of the general partner of PTXP, together with all of its incentive distribution rights (IDRs), as well as 6.3 million common units and all 20 million subordinated units of PTXP, representing approximately…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-16-2026 |
-  |
- |
Click here | Louisiana | E&P |
| Oct-23-2025 |
- |
- |
Click here | Louisiana | E&P |
| Jan-15-2024 |
- |
- |
Click here | Louisiana | E&P |
| Jan-11-2024 |
- |
- |
Click here | Louisiana | E&P |
| Jul-13-2022 |
- |
- |
Click here | Louisiana | E&P |