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Phillips 66, NGL and EPIC
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 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 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 66 to buy EPIC Y-Grade GP, EPIC Y-Grade LP for $2.2B
Phillips 66 (PSX) announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various
Phillips 66 to Buy EPIC NGL for $2.2 Billion in Permian Bet (3)
Phillips 66 agreed to acquire EPIC NGL, an owner of natural gas liquids pipelines, for $2.2 billion in cash as it moves to expand its transport business in the Permian basin in the southwestern US.
Phillips set to expand its Texas natural gas liquids business with $2.2B purchase
Phillips 66 said Monday it would buy a Texas network of natural gas liquids pipelines and processing facilities from Epic NGL for $2.2 billion. The Houston oil giant has said it aims to boost its sales of natural gas liquids such as ethane,
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,
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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 ...
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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 ...
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