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GlobalData

Enterprise Products Partners signs $950m deal to acquire Piñon Midstream

GlobalData
Summary
Nutrition label

76% Informative

Piñon Midstream , a portfolio company of Black Bay Energy Capital , offers natural gas gathering and treating services.

The company’s operations are focused on the eastern flank of the Delaware Basin , spanning New Mexico and Texas .

The transaction is anticipated to be finalised in the fourth quarter of 2024 , pending standard regulatory approvals.

VR Score

75

Informative language

76

Neutral language

9

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links