# ONEOK to buy Permian Basin assets from Brazos Midstream in $4.42B deal — retained record

> Retained news record from news:seeking-alpha.

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-08-31 02:15 ingested 2026-08-31 02:47

[original source ↗](https://seekingalpha.com/news/4638083-oneok-to-buy-brazos-midstreams-permian-basin-assets-in-4_42b-deal?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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Energy

ONEOK to buy Permian Basin assets from Brazos Midstream in $4.42B deal

Aug 30, 2026, 10:15 PM ETONEOK, Inc. (OKE) StockAPOBy : Carl Surran, SA News Editor

ONEOK (OKE) said Sunday it agreed to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.425B in cash, to be funded through a $9B non-voting minority equity investment from funds and affiliates managed by Apollo Global Management (

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document fetched 2026-08-31 02:47 · canonical https://seekingalpha.com/news/4638083-oneok-to-buy-brazos-midstreams-permian-basin-assets-in-4_42b-deal?feed_item_type=news