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 ...

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 ...

“This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance, reaching fractionation facilities near Corpus ...

Phillips 66 (NYSE:PSX) is a multinational energy company ... company to focus on one of the largest basins in the world, the Permian Basin. The company is able to expand its supply portfolio ...

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 ...

“This transaction bolsters Phillips 66’s position as a leading integrated downstream energy provider. “This transaction optimises our Permian NGL value chain, allows Phillips 66 to provide ...

Phillips 66 has agreed to sell its 25% ownership stake ... The 500-mile pipeline system transports natural gas from the Permian Basin to South Texas. With the sale, Phillips has achieved its ...

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Phillips 66 (PSX – Research Report), SM Energy ...

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

"This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance and is expected to deliver attractive returns in excess of our ...