Phillips 66 to grow Permian midstream business with EPIC NGL ...
4 days ago · Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. Upon closing, this ...
Phillips 66 to grow Permian midstream business with EPIC NGL …
3 days ago · HOUSTON, January 06, 2025--Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion. News Today's news
Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC
2 days ago · Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated ...
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
2 days ago · Phillips 66 aims to expand its Permian Basin NGL value chain by acquiring these key assets. Furthermore, EPIC NGL’s extensive infrastructure should enable PSX to offer extensive flow assurance ...
Phillips 66 to acquire EPIC NGL assets for $2.2bn - Yahoo Finance
3 days ago · Premium News. Earnings. Tech. Housing. Crypto. Biden Economy. Markets. ... “This transaction optimises our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive ...
Phillips 66 to buy EPIC NGL in $2.2B deal to expand Permian …
3 days ago · Phillips 66 (NYSE:PSX) said Monday it agreed to acquire long-haul natural gas liquids pipeline owner EPIC NGL LP for $2.2B in cash, in a deal to help the refiner boost its Permian Basin midstream ...
Phillips 66 to Buy EPIC NGL for $2.2 Billion in Permian Bet (3)
3 days ago · Phillips 66 agreed to acquire EPIC NGL, an owner of natural gas liquids pipelines, for $2.2 billion in cash as it moves to expand its transport business in the Permian basin in the southwestern US.. EPIC NGL’s operations include a roughly 885-mile (1,424-kilometer) natural gas liquids pipeline linking production supplies across the Delaware, Midland and Eagle Ford basins to the Phillips 66 ...
Phillips 66 Acquires EPIC NGL for $2.2 Billion, Bolstering Permian …
3 days ago · Phillips 66 stated that these expansions align with its long-term strategy and will not impact its previously announced 2025 capital program. The integration of EPIC’s assets will connect Permian Basin production to Gulf Coast refiners, …
Phillips 66 to acquire EPIC NGL assets in Permian Basin for $2.2bn
3 days ago · Phillips 66 to expand its midstream business in the Permian Basin with EPIC NGL acquisition. (Credit: Vilius Kukanauskas from Pixabay) Phillips 66 has agreed to acquire EPIC Y-Grade GP and EPIC Y-Grade, LP, including their subsidiaries and natural gas liquids (NGL) infrastructure in the Permian Basin, US for $2.2bn in an all-cash deal.
Phillips 66 to grow Permian midstream business with EPIC NGL ...
1 day ago · Phillips 66 has announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems for total cash consideration of US$2.2 billion, subject to customary purchase price adjustments. Upon closing, this transaction is expected to be ...
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