Williams Closes $5.5 Billion Acquisition of Momentum Midstream

Tulsa-based energy company Williams has completed its acquisition of Momentum Midstream in a deal valued at approximately $5.5 billion.

The transaction includes roughly $3.5 billion of cash and debt consideration, as well as around $2 billion of Williams' equity.

Momentum's Haynesville platform adds more than 4,000 miles of pipe, over 1 million dedicated acres, and multiple processing and treating facilities to Williams' infrastructure.

The acquisition strengthens Williams' presence in the nation's fastest-growing natural gas supply basin, creating opportunities for future expansions.