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NGL, Phillips 66
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 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 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 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 footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, own natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems.
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.
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,
10h
NGL Energy Partners Announces Earnings Call
NGL Energy Partners LP (NYSE: NGL) announced today that it plans to issue its fiscal quarter-ended December 31, 2024 earnings ...
2d
on MSN
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.
Journal Record
1d
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 ...
1d
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 ...
1d
on MSN
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 ...
2d
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 ...
6d
NGL Energy Partners (NYSE:NGL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened
NGL Energy Partners LP (NYSE:NGL – Get Free Report)’s stock price crossed above its 200-day moving average during trading on ...
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Phillips 66
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