Reply To: Houston Based Oil Refiner Phillips 66 Crush Earnings Generating $1.8 billion of Operating Cash Flow


Phillips 66 (PSX) realigns its economic and governance interest in DCP Midstream (DCP) and Gray Oak Pipeline through the merger of existing joint ventures owned with Enbridge (ENB); to acquire all publicly held common units of DCP Midstream (DCP) for cash for $34.75/common unit

PSX up 0.4%