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).
(MENAFN- Khaleej Times) US 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. ...
Jan 6 (Reuters) - U.S. oil refiner Phillips 66 (PSX.N), opens new tab said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an ...
US 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 ...
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 ...
The EPIC NGL business consists of two fractionators (170 MBD) near Corpus Christi, Texas, approximately 350 miles of purity distribution pipelines and an approximately 885-mile NGL pipeline (175 ...
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 ...
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) 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 ...