Energy Transfer LP has entered into a definitive agreement to acquire WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion. The acquisition is expected to provide Energy Transfer with increased access to growing supplies of natural gas and NGL volumes, enhancing the partnership’s Permian operations and downstream businesses. Additionally, the transaction is expected to add incremental revenue from downstream NGL transportation and fractionation fees, with the assets expected to add approximately $0.04 of Distributable Cash Flow (DCF) per common unit in 2025 growing to approximately $0.07 per common unit in 2027.