Williams Cements $5.5 Billion Midstream Acquisition

Williams has completed its acquisition of Momentum Midstream in a deal valued at approximately $5.5 billion. This strategic expansion gives Williams a larger presence in the Haynesville natural gas basin, which is expected to see increased demand due to rising LNG exports and industrial consumption along the Gulf Coast.

The transaction involves about $3.5 billion in cash and debt consideration, as well as around $2 billion in Williams equity. Momentum brings over 4,000 miles of pipeline, more than 1 million dedicated acres, and 6 billion cubic feet per day of gas gathering capacity to the table.

Williams' CEO Chad Zamarin stated that this acquisition establishes a stronger Haynesville position and provides additional infrastructure for future expansions.