Stratrix
On the Record · Enterprise Products Partners

Enterprise Products Partners acquisitions, on the record

The businesses Enterprise Products Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Panola Pipeline Company, LLC (additional 15% equity interest) from an affiliate of Western Midstream
Word for word“Additionally, on February 16, 2024, an affiliate of Enterprise entered into a definitive agreement to acquire an additional 15% equity interest in Panola from an affiliate of Western Midstream for $25 million in cash consideration.” 10-K for 2023
agreed acquisitionFebruary 16, 2024$25 million
Whitethorn Pipeline Company LLC and Enterprise EF78 LLC (remaining equity interests) from affiliates of Western Midstream
Word for word“On February 16, 2024, we acquired the remaining 20% equity interest in Whitethorn and 25% equity interest in EF78 from affiliates of Western Midstream for total cash consideration of $375 million.” 10-K for 2023
acquisitionFebruary 16, 2024$375 million
Midland Basin System
Word for word“a net $ 3.2 billion cash outflow in February 2022 in connection with the acquisition of our Midland Basin System;” 10-K for 2023
acquisitionFebruary 2022$ 3.2 billion
Pinon Midstream, LLC
Word for word“In August 2024, we announced that an affiliate of Enterprise entered into a definitive agreement to acquire Pinon Midstream, LLC (“Pinon Midstream”) in a debt-free transaction for $953 million in cash consideration (subject to adjustment in accordance with the agreement).” 10-K for 2024
acquisition—$953 million in cash consideration (subject to adjustment in accordance with the agreement)
Whitethorn Pipeline Company LLC and Enterprise EF78 LLC (equity interests from affiliates of Western Midstream Partners, LP)
Word for word“In February 2024, we announced that we had acquired the remaining equity interests in Whitethorn Pipeline Company LLC (“Whitethorn”) and Enterprise EF78 LLC (“EF78”) from affiliates of Western Midstream Partners, LP (“Western Midstream”) for $375 million in total cash consideration.” 10-K for 2024
acquisition—$375 million in total cash consideration
Panola Pipeline Company, LLC (additional 15% equity interest)
Word for word“Additionally, on March 27, 2024, we acquired an additional 15% equity interest in Panola Pipeline Company, LLC (“Panola”) from an affiliate of Western Midstream for $25 million in cash consideration.” 10-K for 2024
acquisitionMarch 27, 2024$25 million in cash consideration
an affiliate of Occidental Petroleum Corporation ("Oxy") owning natural gas gathering pipelines in the Midland Basin
Word for word“In August 2025, we acquired an affiliate of Occidental Petroleum Corporation (“Oxy”), which owns approximately 200 miles of natural gas gathering pipelines in the Midland Basin, in a debt-free transaction for $581 million in cash consideration.” 10-K for 2025
acquisitionAugust 2025$581 million in cash consideration
40% undivided joint interest in the Bahia NGL Pipeline
Word for word“a $68 million increase in proceeds from asset sales and other matters primarily attributable to the $60 million first installment payment received in December 2025 related to our sale of a 40% undivided joint interest in the Bahia NGL Pipeline.” 10-K for 2025
divestitureDecember 2025$60 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$1 billion—
2017-12-31$198.7 million—
2018-12-31$150.6 million—
2019-12-31$0—
2020-12-31$0—
2021-12-31$0—
2022-12-31$3.2 billion$159 million
2023-12-31$0—
2024-12-31$949 million$104 million
2025-12-31$0—

Deal filings since 2016

Read from Enterprise Products Partners’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.