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3.64923548516254E-05 -0.00113126300040142 -0.00127723241980813 -0.000766339451884963 -0.00240849542020956 0.00182461774258293 0.0018333759077472 0.00295588074298435
Stock impact report

Phillips 66 to Sell Pipeline Stake to Tallgrass for $1.3 Billion [BNN Bloomberg (Canada)]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
The sale of the Rockies Express Pipeline stake is part of Phillips 66's push to divest more than $3 billion in assets, the Houston-based oil refiner said in a statement Friday. Tallgrass will own 100% of the system when the deal closes on Friday. The sale, which includes debt, will generate about $685 million in cash, pretax, for Phillips 66. Rockies Express stretches for about 1,700 miles, moving more than 5 billion cubic feet of gas each day between the Rocky Mountains and US East Coast. ©2024 Bloomberg L.P. Top Picks Top Stories Bank CEOs push back on MP calls to reduce oil and gas funding Coastal GasLink completes $7.15B bond offering, largest in corporate Canadian history National Bank deal to buy CWB is a win for National: analyst Statistics Canada reports wholesale sales up 2.4% in April Show less Read more
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