MPLX (NYSE: MPLX) continues to provide investors with the best of both worlds. The master limited partnership (MLP) offers ...
Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
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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 noted significant ...
Q4 2024 Earnings Call Transcript February 4, 2025 MPLX LP beats earnings expectations. Reported EPS is $1.07, expectations ...
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 ...
That includes two fractionators near Corpus Christi, approximately 350 miles of purity distribution pipelines and an approximately 885-mile NGL pipeline linking production from the Permian Basin ...
The midstream energy giant reported solid fourth-quarter results, with notable advances in revenue and operational metrics.
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 ...
Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
Reports Q4 revenue $14.20B, consensus $14.13B. “Our record 2024 financial performance was driven by record volumes across our midstream ...
"This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance and is expected to deliver attractive returns in excess of our ...