poisar

Stocks · News reference

Enbridge To Acquire Salt Creek Midstream's Crude Oil Gathering Business For $600M In Cash

BenzingaBenzinga Newsdesk

Enbridge Inc. (Enbridge) (TSX:ENB) (NYSE:ENB) announced today that, through a wholly-owned subsidiary, it has entered into a definitive agreement to acquire Salt Creek Midstream's crude oil gathering business,

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Globenewswire IncNot Specified

    Collaborative for Children to Rally Houston Leaders Around Early Education at 2026 Building Blocks Luncheon

    Collaborative for Children will host its 2026 Building Blocks Luncheon on September 24 to highlight early childhood education initiatives in Greater Houston. The event, themed 'Hope Takes Root,' will honor Enbridge and showcase results from the organization's 125 Centers of Excellence, where 89% of teachers improved instructional practices and 97% of children gained school-readiness skills. Individual tickets are available for $250.

  2. The Motley FoolMatt Dilallo

    Big Oil vs. Midstream: Which Side of the Barrel Pays Better Right Now?

    Energy stocks offer attractive dividend yields, with midstream companies currently outpaying major oil producers. While ExxonMobil and Chevron provide solid yields around 2.5-3.5% backed by decades of dividend growth, midstream companies like Enterprise Products Partners and Enbridge offer higher yields of 5.5-5.8%, though with added tax complexity. Both sectors have strong growth prospects through major capital projects and strategic expansions.

  3. The Motley FoolJames Brumley

    This High-Yield Pipeline Stock Could Turn $450 a Month Into a Six-Figure Portfolio Paying Real Annual Income

    Enbridge, an oil and gas pipeline company, is highlighted as an ideal investment for building income through consistent dividend payments. With a current dividend yield of 5.51-5.6% and 31 years of consecutive annual dividend increases, investing $450 monthly with dividend reinvestment could grow to approximately $374,000 over 20 years, generating nearly $21,000 in annual income based on historical performance.

  4. Zacks Investment ResearchNa

    OKE Plans to Expand Permian Presence With Brazos Midland Acquisition

    ONEOK agreed to acquire Brazos Midstream's Permian Midland Basin natural gas assets for $4.425 billion, funded by a $9 billion minority equity investment from Apollo. The deal, expected to close in Q4 2026, will more than double ONEOK's Midland Basin processing capacity to 2.3 Bcf/d and includes strategic synergies across the natural gas and NGL value chain.