Energy Transfer To Acquire WTG Midstream In A Transaction Valued At $3.25B From Affiliates Of Stonepeak, The Davis Estate And Diamondback Energy; Consideration For The Transaction Will Be Comprised Of $2.45B In Cash And ~50.8M Newly Issued Energy Transfer Common Units

5/28/24 8:12:45 AM ET

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Energy Transfer To Acquire WTG Midstream In A Transaction Valued At $3.25B From Affiliates Of Stonepeak, The Davis Estate And Diamondback Energy; Consideration For The Transaction Will Be Comprised Of $2.45B In Cash And ~50.8M Newly Issued Energy Transfer Common Units

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Recent Analyst Ratings for
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Company	Date	Price Target	Rating	Analyst
Energy Transfer L.P. $ET	10/17/2024	$20.00	Buy	BofA Securities
Diamondback Energy Inc. $FANG	10/14/2024	$195.00	Neutral	Citigroup
Diamondback Energy Inc. $FANG	10/4/2024	$205.00 → $215.00	Market Perform → Outperform	BMO Capital Markets
Diamondback Energy Inc. $FANG	10/2/2024	$216.00 → $210.00	Equal Weight → Overweight	Barclays
Diamondback Energy Inc. $FANG	10/2/2024	$167.00 → $182.00	Overweight	JP Morgan
USA Compression Partners LP $USAC	9/27/2024	$23.00	Neutral	Citigroup
Diamondback Energy Inc. $FANG	9/16/2024	$185.00	Hold	Jefferies
Diamondback Energy Inc. $FANG	7/18/2024		Peer Perform	Wolfe Research

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Press Releases

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Suncor Energy Reports Third Quarter 2024 Results
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Energy Transfer To Acquire WTG Midstream In A Transaction Valued At $3.25B From Affiliates Of Stonepeak, The Davis Estate And Diamondback Energy; Consideration For The Transaction Will Be Comprised Of $2.45B In Cash And ~50.8M Newly Issued Energy Transfer Common Units

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Recent Analyst Ratings for $ET$FANG$SUN$USAC

$ET$FANG$SUN$USAC Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Reeves Robert K bought $509,760 worth of shares (2,832 units at $180.00), increasing direct ownership by 339% to 3,667 units (SEC Form 4)

EVP - Operations Mcilwain Gregory G. bought $313,600 worth of Common Units (20,000 units at $15.68), increasing direct ownership by 4% to 591,211 units (SEC Form 4)

Co-CEO Long Thomas E bought $313,600 worth of Common Units (20,000 units at $15.68), increasing direct ownership by 0.47% to 4,308,859 units (SEC Form 4)

$ET$FANG$SUN$USAC Leadership Updates

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LSB Industries, Inc. Appoints John Chandler as an Independent Member of the Board of Directors

USA Compression Partners Announces Appointment of New Chief Financial Officer

Global Partners Announces the Appointment of Clare McGrory to its Board of Directors

$ET$FANG$SUN$USAC Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Meloy Charles Alvin gifted 110,000 shares (SEC Form 4)

Director Plaumann Mark Lawrence disposed of 11,724 shares, acquired 5,862 shares, sold $251,590 worth of shares (1,390 units at $181.00) and gifted 2,310 shares (SEC Form 4)

Director Reeves Robert K bought $509,760 worth of shares (2,832 units at $180.00), increasing direct ownership by 339% to 3,667 units (SEC Form 4)

$ET$FANG$SUN$USAC Analyst Ratings

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BofA Securities resumed coverage on Energy Transfer with a new price target

Citigroup resumed coverage on Diamondback Energy with a new price target

Diamondback Energy upgraded by BMO Capital Markets with a new price target

$ET$FANG$SUN$USAC SEC Filings

SEC Form 144 filed by Diamondback Energy Inc.

SEC Form 10-Q filed by Diamondback Energy Inc.

SEC Form 10-Q filed by Energy Transfer L.P.

$ET$FANG$SUN$USAC Financials

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Suncor Energy Reports Third Quarter 2024 Results

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Energy Transfer Reports Third Quarter 2024 Results

$ET$FANG$SUN$USAC Large Ownership Changes

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$ET$FANG$SUN$USAC Market Insights

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Amendment: SEC Form SC 13G/A filed by Sunoco LP

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$ET$FANG$SUN$USAC Press Releases

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Suncor Energy Reports Third Quarter 2024 Results

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Recent Analyst Ratings for
$ET
$FANG
$SUN
$USAC

$ET
$FANG
$SUN
$USAC
Insider Purchases

$ET
$FANG
$SUN
$USAC
Leadership Updates

$ET
$FANG
$SUN
$USAC
Insider Trading

$ET
$FANG
$SUN
$USAC
Analyst Ratings

$ET
$FANG
$SUN
$USAC
SEC Filings

$ET
$FANG
$SUN
$USAC
Financials

$ET
$FANG
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$USAC
Large Ownership Changes

$ET
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$USAC
Market Insights

$ET
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Press Releases