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EPIC 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 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 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 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,
Rigzone
3h
Phillips 66 Closely Monitoring California Fires
Phillips 66 is closely monitoring the fires in Southern California, a company spokesperson told Rigzone late Thursday. “There ...
2d
on MSN
Phillips 66 CEO sees refining rebound, advantage for U.S. refiners vs. Europe
Phillips 66 (NYSE:PSX) hopes its $2.2B purchase of natural gas liquids pipeline operator Epic NGL may help convince Wall ...
GlobalData on MSN
2d
Phillips 66 to acquire EPIC NGL assets for $2.2bn
The EPIC NGL assets include two fractionators, 350 miles of pipelines and an 885-mile natural gas liquids (NGL) pipeline with ...
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
on MSN
Phillips 66 stock rises Wednesday, outperforms market
Shares of Phillips 66 PSX inched 0.92% higher to $116.25 Wednesday, on what proved to be an all-around positive trading ...
2d
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 ...
6h
Fulton Bank N.A. Acquires 404 Shares of Phillips 66 (NYSE:PSX)
Fulton Bank N.A. raised its holdings in shares of Phillips 66 (NYSE:PSX – Free Report) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional ...
2d
Phillips 66 stock rises Tuesday, outperforms market
Phillips 66 closed $58.89 short of its 52-week high ($174.08), which the company achieved on April 5th.
2d
Phillips 66 (PSX) Receives a Rating Update from a Top Analyst
Barclays analyst Theresa Chen maintained a Hold rating on Phillips 66 (PSX – Research Report) today and set a price target of $124.00. The ...
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