Williams Secures $5.5 Billion Deal for Momentum Midstream

Williams has closed its acquisition of Momentum Midstream in a deal worth approximately $5.5 billion, expanding the company's presence in the Haynesville natural gas supply basin.

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

The addition of Momentum's Haynesville platform adds over 4,000 miles of pipe, more than 1 million dedicated acres, and significant gathering capacity to Williams' integrated natural gas infrastructure platform.

According to Chad Zamarin, President and CEO of Williams, the acquisition strengthens the company's ability to serve growing LNG, power, and industrial demand along the Gulf Coast.