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 ...

EPIC Y-Grade GP LLC and EPIC Y-Grade LP own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems.

Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.

MPLX's business model is durable because there is strong demand for hydrocarbon energy for many years to come. Read why MPLX ...

Plains delivered a strong operational quarter, expecting to hit the top end of 2024 adjusted EBITDA guidance of $2.725 billion to $2.775 billion.

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).

“This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance, reaching fractionation facilities near Corpus ...

U.S. NGL production in 2025 is expected to match or exceed 2024's record level, thanks largely to increased output from the Permian Basin. And the new year is likely to see the industry continue ...

Energy Transfer's rising earnings estimates, well-balanced asset spread across the United States and fee-based revenues will drive the stock from its current levels.

US 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 ...