US Natural Gas Boom Fuels Multibillion-Dollar Energy Mergers

Surging domestic natural gas production aimed at powering AI data centers and boosting exports is driving a wave of major industry consolidation, highlighted by ONEOK's $4.4 billion acquisition of Brazos Midstream assets.

2 Sept, 07:09 — 2 Sept, 07:09

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fortune1d ago

The U.S. is about to churn out much more natural gas to power AI and to export—and it’s triggering a wave of multibillion-dollar acquisitions

ONEOK bought up Brazos Midstream's Permian Basin gas facilities for over $4.4 billion as the industry consolidates.

By Jordan Blum

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US Natural Gas Boom Fuels Multibillion-Dollar Energy Mergers

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The U.S. is about to churn out much more natural gas to power AI and to export—and it’s triggering a wave of multibillion-dollar acquisitions

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