EPD reported Q4 2024 sales decline of 2.9% YoY to $14.201B, beating consensus. Adjusted EBITDA rose to $2.59B and EPS was 74 ...

Q4 2024 Management View Co-CEO Jim Teague highlighted that in 2024, the company achieved $9.9 billion in EBITDA and $7.8 billion in distributable cash flow (DCF) with a coverage ratio of 1.7 times. He ...

Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.

Notable projects include two more natural gas processing plants, the Bahia NGL Pipeline, fractionator 14, phase one of the Neches River Ethane/Propane Export Terminal, and the second phase of its ...

Stifel analysts increased the price target for MasTec (NYSE:MTZ) shares to $185 from the previous target of $155, while ...

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 ...

Earlier Phillips 66 announced a deal to acquire from EPIC natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems in the Permian basin for $2.2 billion.

The two entities hold subsidiaries, pipelines, fractionation facilities and distribution systems, collectively known as EPIC NGL. This move is expected to immediately enhance the company's ...

EPIC Y-Grade owns long haul natural gas liquids pipelines and fractionation facilities that serve both the Permian and Eagle Ford basins. “EPIC has transformed its NGL business over the past few ...

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 ...