Phillips 66 to buy EPIC NGL in $2.2 billion deal to boost Permian (NYSE: PSX ) midstream business


Signal Phillips 66 against the sky

Joe_Potato/iStock Editorial via Getty Images

Phillips 66 (NYSE:PSX) said Monday agreed to acquire Long-haul natural gas liquids pipeline owner EPIC NGL LP for $2.2 million in cash in a deal to help the refiner boost its Permian Basin midstream business.

EPIC NGL consists of two fractionators



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