The acquisition will close in the fourth quarter of 2026. The move strengthens Energy Transfer's infrastructure footprint in the Permian region by integrating Vaquero's assets into its existing midstream operations.
Tuesday, October 20, 2026
Story
Business15 days ago
A combination of $1.95 billion in cash and 33.3 million ET units will fund the purchase of Vaquero Midstream by Energy Transfer in a deal valued at approximately $2.625 billion. The transaction adds 675 MMcf/d of processing capacity and about 300 miles of pipelines to the operator's gathering and processing network in the Delaware Basin.

The acquisition will close in the fourth quarter of 2026. The move strengthens Energy Transfer's infrastructure footprint in the Permian region by integrating Vaquero's assets into its existing midstream operations.
Tilt chat provides reliable, tailored insights, alerts, and automations.
SPY
State Street SPDR S&P 500 ETF Trust
Portfolio movement
How we got here
Possible scenarios
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.