According to Bloomberg, which cited people familiar with the matter, Williams is reportedly in advanced discussions to acquire Momentum Midstream in a transaction valued at approximately $5.5 billion.
If completed, the deal would represent one of the largest acquisitions in Williams’ history and further expand the company’s presence in the growing Gulf Coast natural gas and LNG infrastructure market.
Momentum Midstream has established a significant footprint across East Texas and Louisiana, operating pipeline infrastructure that serves LNG export facilities, power generation assets, and industrial customers throughout the region. The company has expanded its asset base over the past several years through acquisitions and strategic infrastructure investments.
The reported transaction comes at a time when LNG export capacity along the U.S. Gulf Coast continues to grow. As new LNG projects move toward startup and expansion, demand for natural gas gathering, transportation, processing, and delivery infrastructure is expected to remain strong, particularly in the Haynesville region and surrounding markets.
For Williams, the acquisition would strengthen its ability to connect natural gas production areas with key demand centers, including LNG export terminals and power generation facilities across Texas and Louisiana.
Bloomberg reported that discussions are ongoing and that no final agreement has been publicly announced. As with any potential transaction, terms could change and there is no guarantee a deal will ultimately be completed.
Allstream Insiders will continue to monitor developments and provide updates as additional information becomes available.
Source: Bloomberg reporting on June 28, 2026.
