Business Wire
03 Aug 2026, 10:30 UTC · 1h ago
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Matador Resources' 51%-owned joint venture, San Mateo Midstream, has acquired the operating subsidiaries of Cardinal Midstream Partners for $752 million in cash. — Significant inorganic expansion of midstream capacity typically increases cash flow stability and asset value for the parent company.
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The company's joint venture successfully completed a significant acquisition to expand its midstream footprint.
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Reuters
30m ago
