Houston-based oil refiner Phillips 66 has announced a $2.2 billion acquisition of pipeline assets from EPIC, a Texas-based ...
Phillips 66 is buying EPIC NGL for $2.2 billion in cash as it looks to expand its push into natural gas liquid production in the Permian Basin in the Southwest U.S.
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's acquisition of Epic NGL aims to diversify its portfolio and boost its midstream business, signaling potential ...
US oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed ...
Tuesday's $2.2 billion purchase of midstream operator Epic NGL by Phillips 66 may help the company convince Wall Street that it is not just a refiner, but a company with a much broader portfolio of ...
Phillips 66 is buying EPIC NGL for $2.2 billion in cash as it looks to expand its push into natural gas liquid production in the Permian Basin in the Southwest U.S.
Phillips 66 Co. has agreed to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long-haul NGL pipelines, fractionation, and distribution systems (EPIC NGL) for $2.2 ...
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.
PSX states that the EPIC NGL acquisition is expected to generate attractive returns for the company and be immediately ...
This transaction bolsters Phillips 66’s position as a leading integrated downstream energy provider,” said Mark Lashier, ...
Phillips 66 to acquire EPIC NGL business for $2.2 billion in cash. Assets include fractionators, pipelines, and plans for ...