Noble Midstream Agrees to Chevron Buyout in $1.32 Billion All-stock Deal
Transaction Type
Sellers
Buyers
Basin
Permian/Delaware Basin; D-J Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,320.0MM
Description
Bought any remaining Noble Midstream interests not already owned by Chevron and its affiliates (62.5% stake) in exchange for 0.1393 Chevron shares, valuing the Houston-based pipeline operator at $1.32 B.