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Phillips 66, NGL and Permian Basin
Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas liquids bet
U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to prop its natural gas liquid bet.
Phillips 66 to buy EPIC NGL in $2.2B deal to expand Permian presence
Phillips 66 to expand Permian Basin midstream business with $2.2B acquisition of EPIC NGL, boosting pipeline capacity and connecting production to Gulf Coast refiners.
Phillips 66 buying Permian Basin-focused natural gas liquids business for $2.2 billion
Phillips
66
has been focusing on growth in the natural
gas
liquids value chain, an executive recently told the Houston Business Journal. Houston-based
Phillips
66
(NYSE: PSX) will buy the natural ...
Phillips set to expand its Texas natural gas liquids business with $2.2B purchase
Phillips 66 said it would buy a Texas network of natural gas liquids pipelines and processing facilities from Epic NGL for $2.2 billion.
Midland Reporter-Telegram on MSN
6h
Phillips 66 expands NGL footprint with EPIC acquisition
Phillips 66 is set to buy EPIC Y-Grade for $2.2 billion, enhancing its NGL pipeline and fractionation capacity.
2d
on MSN
Phillips 66 CEO sees refining rebound, advantage for U.S. refiners vs. Europe
Phillips 66 (NYSE:PSX) hopes its $2.2B purchase of natural gas liquids pipeline operator Epic NGL may help convince Wall ...
Journal Record
2d
Phillips 66 expands pipeline capability with $2.2B deal
Houston-based oil refiner Phillips 66 has announced a $2.2 billion acquisition of pipeline assets from EPIC, a Texas-based ...
13h
Analysts Conflicted on These Energy Names: Phillips 66 (PSX), SM Energy (SM) and Plains All American (PAA)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Phillips 66 (PSX – Research Report), SM Energy ...
Rigzone
3d
Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC
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 ...
3d
EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
Grade, LP ("EPIC Y-Grade" or "the Company") announced that it has entered into definitive agreements with Phillips 66 (NYSE: ...
16h
Fulton Bank N.A. Acquires 404 Shares of Phillips 66 (NYSE:PSX)
Fulton Bank N.A. raised its holdings in shares of Phillips 66 (NYSE:PSX – Free Report) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional ...
4d
Phillips 66 stock falls Monday, underperforms market
The stock's fall snapped a three-day winning streak.
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