Williams Companies Acquires Momentum Midstream for $5.5 Billion

The Williams Companies has acquired Momentum Midstream, a leading independent midstream energy company, for $5.5 billion from EnCap Flatrock Midstream.

Momentum's assets include over 4,000 miles of gathering and transmission pipelines and more than 1 million dedicated acres that deliver natural gas to key Gulf Coast regions in east Texas and southwest Louisiana.

The company owns approximately 6 Bcf/d of system capacity and serves over 140 customers, including industrial end-users, power plants, city gates, and LNG facilities.

The acquisition strengthens Williams' position and expands its natural gas infrastructure platform in the Haynesville supply basin, which is projected to see growing demand for LNG, power, and industry.