Deal Flow
Letter · prints on one page
Transaction tear sheetData as of Nov 7, 2026
M&A · Energy · Buyer's industry: Petroleum Refining

Phillips 66 to acquire Epic NGL

Announced Apr 1, 2025 · Closed Apr 1, 2025 · Private target

Deal value$2.20B
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash

Transaction

Acquirer
Phillips 66 (PSX)
Target
Epic NGL
Buyer type
Strategic
Offer price per share
—
Enterprise value
—
Status
Closed Apr 1, 2025

Deal protections

Not disclosed for private-company acquisitions.

Advisors

To the acquirer
Not disclosed
To the target
Not disclosed

Classification

Sector
Energy
Buyer's industry
Petroleum Refining
Sources
  • 8-K (EX-99.1) · Apr 1, 2025

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.