Phillips 66, NGL and EPIC

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 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.
Epic NGL Deal: Phillips 66 Strikes $2.2 Billion All-Cash Acquisition To Boost Natural Gas Liquids Bet
US oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator Epic NGL in
Phillips 66 Powers Up With $2.2 Billion Deal For EPIC Y-Grade's NGL Business
Phillips 66 to acquire EPIC NGL business for $2.2 billion in cash. Assets include fractionators, pipelines, and plans for expansion, increasing earnings per share.
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 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 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 Acquire EPIC-NGL for $2.2B
This transaction bolsters Phillips 66’s position as a leading integrated downstream energy provider,” said Mark Lashier, chairman and CEO of Phillips 66. “This transaction optimizes our Permian NGL value chain,
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 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,
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EPIC Sells Ethylene Pipeline to Howard Energy Partners
The 120-mile-long pipeline links ExxonMobil and SABIC's ethane cracker in Gregory to storage in Markham, Texas.
Business Wire2d
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 ...
EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
Grade, LP ("EPIC Y-Grade" or "the Company") announced that it has entered into definitive agreements with Phillips 66 (NYSE: ...