Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - MSN

Phillips 66 (NYSE:PSX) is an energy manufacturing and logistics company that operates internationally, involved in the transportation, storage, refining, and marketing of petroleum …


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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - MSN

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Phillips 66 (NYSE:PSX) is an energy manufacturing and logistics company that operates internationally, involved in the transportation, storage, refining, and marketing of petroleum …

msn.com

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Oil & Gas Stock Roundup: ExxonMobil's Q4 Update & Phillips 66's …

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The company has signed an agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP in an all-cash transaction totaling $2.2 billion. PSX mentioned that the deal is expected to …

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Phillips 66 Strikes $2.2 Billion EPIC NGL Deal To Boost Natural Gas ...

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Jan 7, 2025  · U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 …

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal – Here’s Why Jim …

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Jan 15, 2025  · Phillips 66 (NYSE:PSX) Number of Hedge Fund Holders: 39. Discussing Phillips 66 (NYSE:PSX) during the episode, Cramer said: “And listen, that’s not even an exhaustive list …

investingchannel.com

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Phillips 66 To Strengthen NGL Foothold With $2.2B EPIC NGL Deal

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Jan 7, 2025  · Phillips 66 (PSX Quick Quote PSX - Free Report) , a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business …

zacks.com

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - Statfolio

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Jan 15, 2025  · In the latest market close, Phillips 66 (PSX) reached $115.98, with a +1.8% movement compared to ... Zacks · via Yahoo Finance 13 Jan 2025 All It Takes Is $1,000 …

statfolio.net

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Phillips 66 Makes EPIC Move To Strengthen South Texas Position

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Jan 9, 2025  · Phillips 66’s (PSX) $2.2 billion deal with EPIC bolstered a company that’s focused on integrating its NGL business from the Permian to the Gulf Coast, an analyst said. On Jan. …

hartenergy.com

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Phillips 66 Reports Fourth-Quarter Results And Announces Next …

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Jan 31, 2025  · Fourth Quarter Reported fourth-quarter earnings of $8 million or $0.01 per share; adjusted loss of $61 million or $0.15 per share Earnings impacted by $230 million pre-tax of …

phillips66.com

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Phillips 66 Reports Fourth-Quarter Results And Announces Next …

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Jan 31, 2025  · Full-Year 2024. Earnings of $2.1 billion or $4.99 per share and adjusted earnings of $2.6 billion or $6.15 per share. $4.2 billion of operating cash flow, $4.8 billion excluding …

yahoo.com

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Phillips 66 Reports Fourth-Quarter Results And Announces

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Jan 31, 2025  · Surpassed targeted $3 billion in announced asset dispositions ... (22) 274 Renewable Fuels 28 (116) ... About Phillips 66. Phillips 66 (NYSE: PSX) is a leading …

morningstar.com

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal – Here’s Why Jim …

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In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other stocks that Jim Cramer is watching. ... Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal – Here ...

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Phillips 66 Strikes $865M Pipeline Deal, Surpassing Major …

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Dec 16, 2024  · Phillips 66 (NYSE: PSX) has agreed to sell its 25% non-operated equity interest in Gulf Coast Express Pipeline to an ArcLight Capital Partners affiliate for $865 million in pre-tax …

stocktitan.net

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Pipeline Power Play: Phillips 66 Makes $550M Gas Grab In The

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Last month, Phillips 66 reported first-quarter FY24 revenue of $36.436 billion, exceeding the consensus of $33.075 billion, and adjusted EPS of $1.90, missing the consensus of $2.17.

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Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts …

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In the latest trading session, Phillips 66 (PSX) closed at $110.48, marking a +0.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.73%. On the …

msn.com

FAQs about Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - MSN Coupon?

Will Phillips 66 (PSX) increase its capital program in 2025?

He added that the deal is expected to generate returns that exceed the company’s hurdle rates. Despite the acquisition, Phillips 66 (NYSE:PSX) does not expect to increase its 2025 capital program, even as EPIC NGL works to expand its pipeline capacity. Overall, PSX ranks 5th on our list of stocks that Jim Cramer is watching. ...

Does Phillips 66 own EPIC NGL?

2. Phillips 66, a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business EPIC NGL. The company has signed an agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP in an all-cash transaction totaling $2.2 billion. ...

Is Phillips 66 (PSX) a good stock to buy?

Investors should also note Phillips 66's current valuation metrics, including its Forward P/E ratio of 14.69. For comparison, its industry has an average Forward P/E of 13.47, which means Phillips 66 is trading at a premium to the group. It's also important to note that PSX currently trades at a PEG ratio of 3.67. ...

Who owns Phillips 66?

REUTERS/Jonathan Bachman/File Photo Purchase Licensing Rights Sept 3 (Reuters) - U.S. oil refiner Phillips 66 (PSX.N) sold its natural gas gathering and processing assets in East Texas to Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments, the company said on Tuesday. ...

Did Phillips 66 sell its natural gas assets to Voyager midstream?

To read this article on Zacks.com click here. Phillips 66, (PSX), a leading energy company, has sold its natural gas gathering and processing assets in East Texas to Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, per a Reuters report. ...

What happened to Phillips 66 (PSX)?

I n the latest trading session, Phillips 66 (PSX) closed at $110.48, marking a +0.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.73%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%. ...

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