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 ...
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 ...
Bank of America Securities analyst Jean Ann Salisbury maintained a Buy rating on Phillips 66 (PSX – Research Report) yesterday and set a price ...
Phillips 66 (NYSE:PSX) is a multinational energy company worth almost $50 billion. The company recently announced a more than $2 billion acquisition to expand its midstream portfolio. We last ...
EPIC NGL is in the process of increasing its pipeline ... About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets ...
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 ...
The oil giant's filing with the SEC indicates that quarterly profits could decrease $1.75 billion sequentially, highlighting ...
Phillips 66 is set to buy EPIC Y-Grade for $2.2 billion, enhancing its NGL pipeline and fractionation capacity.
The two entities hold subsidiaries, pipelines, fractionation facilities and distribution systems, collectively known as EPIC NGL. This move is expected to immediately enhance the company's ...
Phillips 66 (NYSE:PSX) hopes its $2.2B purchase of natural gas liquids pipeline operator Epic NGL may help convince Wall Street that it is not just a refiner, but a company with a much broader ...