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 is set to buy EPIC Y-Grade for $2.2 billion, enhancing its NGL pipeline and fractionation capacity.

Phillips 66 is buying EPIC NGL for $2.2 billion in cash as it looks to expand its push into natural gas liquid production in the Permian Basin in the Southwest U.S.

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 ...

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 ...

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 ...

The two, part of EPIC Consolidated Operations LLC, own natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems. “This transaction bolsters Phillips 66’s position ...

EPIC NGL transaction optimizes Phillips 66's Permian NGL value chain. EPIC NGL's pipeline and fractionation expansions align with Phillips 66's integration strategy. Get Wall Street's Hottest ...

Jan 6 (Reuters) - U.S. oil refiner Phillips 66 (PSX.N), opens new tab said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an ...

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