Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.

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 ...

Bank of America Securities analyst Jean Ann Salisbury maintained a Buy rating on Phillips 66 (PSX – Research Report) yesterday and set a price ...

EPIC NGL is in the process of increasing its pipeline capacity to 225 MBD and has sanctioned a second expansion to increase capacity to 350 MBD. Phillips 66 does not expect to increase its ...

This pipeline network connects production from the Delaware, Midland and Eagle Ford basins to the fractionation sites and Phillips 66's Sweeny Hub. EPIC NGL is boosting its pipeline capacity to ...

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 ...

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 ...

The oil giant's filing with the SEC indicates that quarterly profits could decrease $1.75 billion sequentially, highlighting ...

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 ...

U.S. oil refiner Phillips 66 said 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 ...

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 ...