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Occidental explores $18 bln-plus sale of Western Midstream, sources say

BusinessOccidental explores $18 bln-plus sale of Western Midstream, sources say


Business & FinanceDeals

Primanews exclusively reported that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion, including debt. 

Market Impact

Dealmaking in the pipeline sector has been picking up as some companies look to cut costs while others seek more access at scale to attractive oil and gas producing regions, including the Permian basin, as well as export facilities on the U.S. Gulf Coast.

Article Tags

Topics of Interest: Business & FinanceDeals

Type: Primanews Best

Sectors: Business & FinanceCommodities & Energy

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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