Energy Transfer Partners to buy PennTex Midstream Partners’ general partner – HBJ

One of Dallas’ largest public companies has claimed a major stake in a Houston-based midstream company.Dallas-based Energy Transfer Partners LP (NYSE: ETP) will buy the general partner of PennTex Midstream Partners LP (Nasdaq: PTXP), along with certain other interests, for about $640 million, the companies announced Oct. 25. The transaction is expected to close by the end of the year.

Source: Energy Transfer Partners to buy PennTex Midstream Partners’ general

Dakota Access pipeline parent co. to buy interest in Houston midstream co. for $640M

partner – Houston Business Journal

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