The Daily Buyout
$2.6BStrategic acquisitionEnergy & Utilities

Energy Transfer to buy Texas gas pipeline owner Vaquero for $2.625B

Energy Transfer LP signed a definitive agreement on October 6 to acquire Vaquero Midstream LLC in a deal valued at $2.625 billion. Vaquero owns natural gas pipeline infrastructure in Texas.

Why it matters: It is the second multibillion-dollar Texas gas midstream deal of the day, underscoring how hard pipeline operators are competing for Permian-area gas infrastructure.

Read the full coverage, free

We only link to sources you can read without a subscription. How we check.

More Energy & Utilities deals

$4.4BStrategic acquisitionEnergy & UtilitiesCompletedOct 7, 2026

ONEOK closes $4.4B purchase of Brazos Midstream's Midland Basin assets

ONEOK completed its acquisition of Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for about $4.425 billion in cash. The deal more than doubles ONEOK's Midland processing capacity to roughly 2.3 billion cubic feet per day and adds about 600,000 dedicated acres under long-term fixed-fee contracts.

~$14.3B for CUMergerEnergy & UtilitiesOct 6, 2026

Emera and Canadian Utilities agree to merger of equals, with ATCO spinoff

Emera, ATCO and Canadian Utilities announced a definitive agreement to combine Emera and Canadian Utilities in a merger of equals, creating a Canadian utility and energy infrastructure group spanning Alberta, Atlantic Canada and Florida. Reports describe an all-share structure, with ATCO spinning off its industrial services unit. Reported deal figures vary widely by measure, from roughly $14.3 billion for Canadian Utilities to far larger combined-enterprise numbers.