Phillips 66, NGL and EPIC

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.
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 midstream service provider.
Phillips 66 to buy EPIC NGL for $2.2 billion in bid to boost Permian presence
U.S. oil refiner Phillips 66 said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to expand its Permian presence.
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 Powers Up With $2.2 Billion Deal For EPIC Y-Grade's NGL Business
Phillips 66 to acquire EPIC NGL business for $2.2 billion in cash. Assets include fractionators, pipelines, and plans for expansion, increasing earnings per share.
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 acquire EPIC NGL assets for $2.2bn
The EPIC NGL assets include two fractionators, 350 miles of pipelines and an 885-mile natural gas liquids (NGL) pipeline with a capacity of 175,000 barrels per day (bpd).
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
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-Grade GP,
Phillips 66 buying Permian Basin-focused natural gas liquids business for $2.2 billion
Houston-based Phillips 66 (NYSE: PSX) will buy the natural gas liquids business of a Texas-based midstream company for $2.2 billion in cash. The acquired businesses — EPIC Y-Grade GP LLC and EPIC Y-Grade LP — own various subsidiaries and long-haul NGL pipelines,
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Phillips 66 Closely Monitoring California Fires
Phillips 66 is closely monitoring the fires in Southern California, a company spokesperson told Rigzone late Thursday. “There ...
Phillips 66 CEO sees refining rebound, advantage for U.S. refiners vs. Europe
Phillips 66's acquisition of Epic NGL aims to diversify its portfolio and boost its midstream business, signaling potential ...
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 ...
Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of ...
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 ...
Phillips 66’s Strategic Acquisition of EPIC NGL: A Buy Recommendation for Growth in Midstream Expansion
Bank of America Securities analyst Jean Ann Salisbury maintained a Buy rating on Phillips 66 (PSX – Research Report) yesterday and set a price ...