AcquisitionAug 3, 2026Pending
🇺🇸 United States

Momentum MidstreamWilliams Companies, Inc.

Energy › Midstream

Enterprise value$5.5BEnterprise value
AnnouncedAug 3, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Williams agreed to acquire 100% of Momentum Midstream, a Haynesville natural gas gathering, processing and pipeline platform, for total consideration of up to $5.5 billion. Consideration is about $3.5 billion of cash and debt and roughly $2 billion of Williams equity.

Deal rationale

The acquisition expands Williams' integrated natural gas infrastructure in the Haynesville to serve growing Gulf Coast LNG, power and industrial demand, and is expected to be accretive to AFFO and EPS per share.

AI-generated from the SEC filing
PendingEnergy › MidstreamUnited StatesNorth America

Timeline

  1. AnnouncedAug 3, 2026

    Imported from prototype record 377, unverified

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise value$5.5BHeadline figure
ConsiderationCash and stock

Advisors

Buy-side
BOBank of AmericaTSTruist Securities
Sell-side
None listed

Parties

Target
Momentum Midstream
Headquarters
United States
Ticker
—
Acquirer
Williams Companies, Inc.
Headquarters
United States
Ticker
—
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