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 66 to Acquire Midstream NGL Assets in Permian from EPIC
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 Operations LLC, own natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems.
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,
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 ...
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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 ...
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 ...
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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 ...
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 ...
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.
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Wolfe Research Upgrades Phillips 66 (PSX)
Fintel reports that on January 3, 2025, Wolfe Research upgraded their outlook for Phillips 66 (NYSE:PSX) from Peer Perform to Outperform. Analyst Price Forecast Suggests 27.63% Upside As of December ...
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 ...