$1.275 Deal: Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary
HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced today it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy, LP (TGE) for an enterprise value of approximately $1.275 billion. TGE is the operator of REX and will own 100% of the common equity […]
$625 Million Sale: Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million
Concludes Strategic Alternatives Process; Plans to Seek Approval from Unitholders to Convert to a C-Corp HOUSTON, March 22, 2024 /PRNewswire/ — Summit Midstream Partners, LP (NYSE: SMLP) (“Summit”, “SMLP” or the “Partnership”) announced today the sale of Summit Midstream Utica, LLC, which includes its approximately 36% interest in Ohio Gathering Company, LLC (“OGC”), approximately 38% […]
Midstream News: CJ Hughes Announces New Member – Kelly Nissenbaum, Vice President of Business Development, Marketing, and Corporate Strategy
CJ Hughes is honored to welcome Kelly Nissenbaum to the team. Her background includes over 15 years of experience in business development, marketing, sales, client relations, and new market expansion. Her role is paramount in cultivating new business relationships for CJ Hughes. Kelly graduated from The Ohio State University with a Bachelor of Science in […]
$305 Million Acquisition Complete: Summit Midstream Partners, LP Completes Bolt-on Acquisitions of Outrigger DJ Midstream LLC – DJ Basin
Summit Midstream Partners, LP Completes Bolt-on Acquisitions in the DJ Basin PDF Version HOUSTON, Dec. 1, 2022 /PRNewswire/ — Summit Midstream Partners, LP (NYSE: SMLP) (“Summit”, “SMLP” or the “Partnership”) announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC (“SMP Holdings”), successfully closed on the previously announced DJ Basin acquisitions of Outrigger DJ […]