EnLink Midstream

EnLink Midstream signed a definitive agreement to acquire LPC Crude Oil Marketing, a crude oil logistics company, for approximately USD 100 million. LPC purchases, transports, and sells approximately 60,000 BOPD, serving as a link between Permian Basin producers and end markets. The acquisition expands EnLink’s capabilities in the basin, adding crude oil purchasing and logistics capabilities to its existing natural gas gathering and processing services.