Phillips 66 to grow Permian midstream business with EPIC NGL ...
Jan 6, 2025 · Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 billion, subject to customary ...
Phillips 66 to acquire EPIC NGL assets for $2.2bn - Yahoo Finance
Jan 7, 2025 · US energy company Phillips 66 has entered a definitive agreement to acquire EPIC Y-Grade GP and EPIC Y-Grade for a total cash consideration of $2.2bn. The two entities hold subsidiaries,...
Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas ...
Jan 7, 2025 · 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...
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
Jan 7, 2025 · 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...
Phillips 66 Acquisition of EPIC- A Masterstroke! - Enkon Energy
On Jan 10 th, 2025, Phillips 66 (“P66”) announced its acquisition of EPIC Y-Grade, further strengthening its position in the natural gas liquids (NGLs) market, particularly as it related to the prolific Permian basin.This move expands P66’s already impressive portfolio, which includes complete vertical integration of NGL assets such as gas processing, NGL pipelines, fractionation ...
Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC
Jan 7, 2025 · 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...
EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
HOUSTON– (BUSINESS WIRE)–EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL”) business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments.
Phillips 66 to expand Permian Basin footprint with $2.2bn EPIC NGL
Jan 7, 2025 · In a move poised to strengthen its position in the U.S. midstream energy sector, Phillips 66 (NYSE:PSX) has entered into a definitive agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, collectively known as EPIC NGL.
Breaking: $2.2 billion Phillips 66 to grow Permian midstream …
Jan 16, 2025 · HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 ...
Phillips 66 Expands Pipeline Reach with $2.2B EPIC NGL …
Jan 8, 2025 · Phillips 66 has reached a definitive agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own subsidiaries and natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems, for $2.2 billion in cash, subject to customary purchase price adjustments.
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