EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
3 days ago · EPIC Y-Grade owns and controls 885 miles of NGL pipelines, 350 miles of purity product pipelines and fractionation capacity totaling 170,000 barrels per day in Robstown, Texas. For more ...
EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
3 days ago · HOUSTON–(BUSINESS WIRE)–EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL”) business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments.EPIC Y-Grade owns long haul natural gas liquids pipelines and fractionation ...
Phillips 66 to grow Permian midstream business with EPIC NGL ...
4 days ago · Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. Upon closing, this ...
Phillips 66 to acquire EPIC NGL assets for $2.2bn - Yahoo Finance
3 days ago · US energy company Phillips 66 has entered a definitive agreement to acquire EPIC Y-Grade GP and EPIC Y-Grade for a total cash consideration of $2.2bn. The two entities hold subsidiaries, pipelines ...
EPIC Y-Grade sells NGL business to Phillips 66 for $2.2B - Investing.com
2 days ago · EPIC Y-Grade's assets consist of 885 miles of NGL pipelines, 350 miles of purity product pipelines, and a fractionation complex capable of processing 170,000 barrels per day, all strategically ...
Phillips 66 Acquires EPIC NGL for $2.2 Billion, Bolstering Permian …
3 days ago · (P&GJ) — Phillips 66 has agreed to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which include natural gas liquids (NGL) pipelines, fractionation facilities, and distribution systems. The $2.2 billion cash deal is expected to close following regulatory approval and customary conditions.
Phillips 66 Powers Up With $2.2 Billion Deal For EPIC Y-Grade's …
2 days ago · Phillips 66 PSX shares are trading higher on Tuesday. On Monday, the company disclosed a definitive deal to acquire EPIC Y-Grade, LP’s natural gas liquids (NGL) business for $2.2 billion in cash ...
Phillips 66 Acquires EPIC Y-Grade's NGL Business in Massive $2.2B …
2 days ago · EPIC Y-Grade has announced the sale of its natural gas liquids (NGL) business to Phillips 66 (NYSE: PSX) for $2.20 billion in cash, subject to customary adjustments. The transaction includes EPIC's long haul natural gas liquids pipelines and fractionation facilities serving the Permian and Eagle Ford basins.. The company's assets include NGL facilities in Corpus Christi and Sweeny with ...
Phillips 66 (PSX) Announces $2.2 Billion Acquisition of EPIC Y-Grade ...
On January 6, 2025, Phillips 66 (PSX, Financial) announced a significant strategic move by entering into an Equity Purchase Agreement to acquire EPIC Y-Grade Holdings.This acquisition involves purchasing all issued and outstanding equity interests in EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which collectively own extensive natural gas liquids pipelines, fractionation facilities, and ...
Phillips 66 Expands with $2.2 Billion EPIC Acquisition - Yahoo …
2 days ago · Phillips 66 announced its agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for $2.2 billion, a move expected to enhance its position as a leading integrated downstream energy ...
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