Previous close | 0.0200 |
Open | 0.0200 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 5.00 |
Expiry date | 2025-01-17 |
Day's range | 0.0200 - 0.0200 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Diamondback (FANG) announces the sale of WTG Midstream Holdings to Energy Transfer (ET) for debt reduction and financial stability. The deal includes cash and ET common units.
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MIDLAND, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) today announced the sale of WTG Midstream Holdings LLC to Energy Transfer LP (NYSE: ET) (“ET”) resulting in total pre-tax consideration net to Diamondback of approximately $375 million, subject to customary closing conditions and adjustments. Consideration for the transaction will consist of a mix of cash and ET common units. The transaction is expected to close in the third quarter of 2024.