Tracked deals
4
4 tracked deals across 2019-2026.
Public Company
Energy
NGL Energy Partners
Tulsa, Oklahoma, United States
Publicly traded Master Limited Partnership (MLP) providing vertically integrated midstream services, including transportation, storage, blending and marketing of crude oil, NGLs, refined products/renewables, and water solutions.
- Focus Areas
- Crude oil logistics / transportation, NGL fractionation and processing, Refined products and renewables logistics
- Website
- nglenergypartners.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
4 buyout
NGL Energy Partners Acquisition Volume by Year
Last 4 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
August 30, 2026
- Buyer
- ONEOK, Inc., Funds and affiliates managed by Apollo
- Target
- Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets
- Seller
- Brazos Midstream
- Industry
- Energy
- Location
- Oklahoma, United States
- Type
- Buyout
ONEOK, Inc. has executed a definitive agreement to acquire Brazos Midstream’s Permian Midland Basin natural gas gathering and processing assets for $4.425 billion in cash. The deal will be supported by a concurrent $9 billion nonvoting minority equity investment from Apollo, with ONEOK also planning to use proceeds to reduce $5 billion of existing indebtedness.
-
- Buyer
- ONEOK, Inc.
- Target
- EnLink Midstream, LLC, EnLink Midstream, LLC (publicly held common units), EnLink Midstream, LLC managing member interests (via GIP stake), Medallion Midstream, LLC
- Seller
- Global Infrastructure Partners (GIP)
- Industry
- Infrastructure
- Location
- Oklahoma, United States
- Type
- Buyout
ONEOK executed definitive agreements to acquire Global Infrastructure Partners’ controlling interest in EnLink Midstream and to buy Medallion Midstream, strengthening ONEOK’s integrated Permian Basin and broader midstream platform. ONEOK later announced a definitive merger agreement to acquire the remaining publicly held EnLink common units in a tax-free exchange, and subsequently completed the EnLink acquisition in January 2025.
-
- Buyer
- ONEOK, Inc.
- Target
- Medallion Midstream
- Seller
- Global Infrastructure Partners
- Industry
- Oil & Gas
- Location
- Texas, United States
- Type
- Buyout
ONEOK, Inc. (NYSE: OKE) has closed its acquisition of Medallion Midstream from Global Infrastructure Partners for approximately $2.6 billion in cash. The deal adds over 1,200 miles of crude gathering pipelines (≈1.3 million barrels per day capacity) and ~1.5 million barrels of crude storage in the Permian Basin, expanding ONEOK's crude gathering, transportation and storage capabilities and creating commercial synergies with its existing pipeline network.
-
November 1, 2019
- Buyer
- NGL Energy Partners LP
- Target
- Hillstone Environmental Partners LLC
- Seller
- Golden Gate Capital
- Industry
- Oil & Gas
- Location
- United States
- Type
- Buyout
NGL Energy Partners LP has agreed to acquire all equity interests of Hillstone Environmental Partners LLC from Golden Gate Capital for approximately $600 million. The acquisition adds Hillstone's produced water pipelines and disposal well network in the Northern Delaware Basin to NGL's existing Delaware Basin water platform, increasing disposal and transportation capacity and providing long-term contracted volumes.
Related Acquisition Pages
Oil & Gas Buyers & Acquisitions
2 tracked deals by NGL Energy Partners.
Energy Buyers & Acquisitions
1 tracked deal by NGL Energy Partners.
Infrastructure Buyers & Acquisitions
1 tracked deal by NGL Energy Partners.
Acquisitions in Oklahoma
2 tracked deals by NGL Energy Partners.
Acquisitions in Texas
1 tracked deal by NGL Energy Partners.
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