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 (PSX) Latest Stock News & Headlines - Yahoo Finance
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Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
2 days ago · Phillips 66 PSX, a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business EPIC NGL.The company has signed an agreement to acquire EPIC Y ...
Phillips 66 Powers Up With $2.2 Billion Deal For EPIC Y ... - Benzinga
2 days ago · Phillips 66 PSX shares are trading higher on Tuesday. On Monday, the company disclosed a definitive deal to acquire EPIC Y-Grade, LP’s natural gas liquids (NGL) business for $2.2 billion in cash .
Phillips 66 to grow Permian midstream business with EPIC NGL ...
4 days ago · HOUSTON--(BUSINESS WIRE)--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 ...
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 announces agreement to sell interest in Gulf Coast …
Dec 16, 2024 · Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of ArcLight Capital Partners, LLC for pre-tax total cash proceeds of $865 million, subject to purchase price adjustments.
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Phillips 66 CEO sees refining rebound, advantage for U.S. refiners …
2 days ago · George Frey/Getty Images News. Phillips 66 (NYSE:PSX) hopes its $2.2B purchase of natural gas liquids pipeline operator Epic NGL may help convince Wall Street that it is not just a refiner, but a ...
Phillips 66’s Strategic Acquisition of EPIC NGL: A Buy …
2 days ago · Phillips 66 (PSX) Company Description: Founded in 2012, Phillips 66 is a Texas-based multinational energy company, which is engaged in the processing, transportation, storage, and marketing of ...