Phillips 66 buys EPIC NGL for $2.2 billion to enhance its Permian region operations.

Phillips 66 is buying EPIC NGL for $2.2 billion to boost its presence in the Permian region. The deal includes fractionators, pipelines, and distribution systems that will strengthen Phillips 66's position in the energy industry and improve its NGL value chain. The acquisition does not change the company's 2025 capital program.

2 months ago
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