Akin Advises Diamondback Energy in its $375 Million Sale of WTG Midstream Holdings

June 7, 2024

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Scott Wasserman

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(Houston) – Akin advised Diamondback Energy, Inc. in the sale of its interest in WTG Midstream Holdings LLC to Energy Transfer LP, which resulted in a total pre-tax consideration net to Diamondback of approximately $375 million.

The Akin team was led by corporate partner John Goodgame and included counsel Allyson Li.

More details on the transaction can be found here.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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