CITADEL

Citadel to Acquire Natural Gas Transportation Capacity from WPX Energy

May 25, 2016

Citadel today announced that it is building out the firm’s physical natural gas business by acquiring a portfolio of natural gas pipeline transportation capacity through 2032 in the Western U.S. from WPX Energy. “We see natural gas transportation as a foundation for the growth of our physical business and are excited to be expanding in this market,” said Mark Stainton, Head of Commodities at Citadel. “This transaction builds on our commitment to providing our investors with access to attractive opportunities in the energy space.”

Read the full press release here.