Phillips 66's (PSX) sale of its equity interest in the Rockies Express Pipeline is part of its commitment to deliver a value of more than $3 billion from asset divestitures.
Key Insights Phillips 66's estimated fair value is US$230 based on 2 Stage Free Cash Flow to Equity Phillips 66's...
HOUSTON, June 14, 2024--Phillips 66 is selling its 25% non-operated interest in Rockies Express Pipeline LLC to a subsidiary of Tallgrass Energy, LP for $1.275 billion.