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EPIC NGL, Phillips 66 and Permian
Phillips 66 to buy EPIC NGL in $2.2B deal to boost Permian midstream business
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 business.
Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion.
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 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,
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 a capacity of 175,000 barrels per day (bpd).
Phillips 66 to buy EPIC NGL for $2.2 billion in bid to boost Permian presence
U.S. oil refiner Phillips 66 said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to expand its Permian presence.
Phillips 66 buying Permian Basin-focused natural gas liquids business for $2.2 billion
Houston-based Phillips 66 (NYSE: PSX) will buy the natural gas liquids business of a Texas-based midstream company for $2.2 billion in cash. The acquired businesses — EPIC Y-Grade GP LLC and EPIC Y-Grade LP — own various subsidiaries and long-haul NGL pipelines,
2h
on MSN
Pfluger introduces bill with potential big impact for the Permian
Congressman August Pfluger introduced his first piece of legislation of the 119th Congress. The Protecting American Energy ...
2h
Closures, Delays and Changes in the Permian Basin, Texas region
The West Texas Food Bank will have a delayed start of 10am. The Midland Drive-Thru Pantry will be delayed to 1pm-3pm.
8h
Oil and gas company recognized for reducing light pollution
Three oil and gas sites in the Permian Basin received recognition Wednesday for their reduction in light pollution, as part ...
2d
Energy Titans to Headline 2025 Permian Basin Water in Energy Conference
Energy leaders Colin P. Fenton, Dan Pickering, and David Capobianco headline the 2025 PBWIEC in Midland, TX, tackling water ...
13d
Permian Resources: A Compelling Investment, But No Need To Rush
Permian Resources offers a 4.3% dividend yield with a conservative payout ratio. See why I view PR as a potentially ...
23h
on MSN
Local plumbers give tips on protecting your home as winter weather approaches
With possible winter weather moving through the Basin this week, keeping your home safe from the cold weather is important in ...
1d
Chevron Highlights Production Growth in Kazakhstan, Permian Basin and Guyana -- OPIS
He also cited the company's use of artificial intelligence in evaluating variations across sub-basins and in predicting well productivity and efficiency. Chevron has had a 15% annual growth rate over ...
48m
on MSN
‘Landman’ Co-Creator Whose Podcast Inspired Paramount+ Series Addresses Accuracy Of Cartels & Bikini-Clad Baristas: “They Do Exist”
Landman' Co-Creator Whose Podcast Inspired Series Addresses Accuracy Of Cartels & Bikini-Clad Baristas: "They Do Exist" ...
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