Loading...
Market
How will competitors respond to Energy Transfer's acquisition by end of 2024?
5
Resolution / Starting Odds
Increase in competing acquisitions • 33%
No significant changes • 34%
Reduction in investments • 33%
Market analysis and news reports
Story
Energy Transfer to Acquire WTG Midstream for $3.25 Billion, Expanding Permian Basin Presence
May 28, 2024, 01:22 PM
US pipeline giant Energy Transfer has agreed to acquire WTG Midstream in a transaction valued at $3.25 billion. The deal includes $2.45 billion in cash and 50.8 million common units. This acquisition will expand Energy Transfer's presence in the Permian Basin, enhancing its natural gas transportation infrastructure. The assets being acquired include core infrastructure in the Midland Basin, previously owned by Diamondback Energy, Stonepeak, and the Davis Estate.
View original story
Similar markets
Increase in competitive services • 33%
Partnerships or acquisitions • 33%
No significant response • 33%
Chevron acquires new assets • 33%
ExxonMobil acquires new assets • 33%
No major competitive reactions • 34%
Increase by over 15% • 33%
Increase by 5% to 15% • 33%
Little or no change • 34%
Launch similar products • 25%
No change in products • 25%
Increase marketing efforts • 25%
Lower prices of existing products • 25%
One major move • 25%
Multiple major moves • 25%
Minor or no moves • 25%
Strategic partnerships instead of acquisitions • 25%
Major competitors adopt similar strategies • 25%
Some competitors adopt similar strategies • 25%
Few competitors adopt similar strategies • 25%
No significant change in competitor strategies • 25%
Form similar partnerships • 25%
Invest in proprietary AI development • 25%
Seek mergers or acquisitions • 25%
No significant response • 25%
Target had the highest impact • 33%
Competitors had similar impact • 33%
Competitors had higher impact • 33%
Major competitors launch similar technology • 25%
Minor competitors adjust strategies • 25%
No significant response • 25%
Competitors form partnerships • 25%
Rivian increases market share • 25%
Lucid Motors increases market share • 25%
NIO increases market share • 25%
None gain significant market share • 25%