Phillips 66 to Sell 25% Equity Interest in Rockies Express Pipeline to Tallgrass Unit-March 2024-www.financetom.com

Phillips 66 to Sell 25% Equity Interest in Rockies Express Pipeline to Tallgrass Unit

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Phillips 66 to Sell 25% Equity Interest in Rockies Express Pipeline to Tallgrass Unit

Jun 14, 2024 6:15 AM

08:45 AM EDT, 06/14/2024 (MT Newswires) -- Phillips 66 (PSX) said Friday it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline to a Tallgrass Energy (TGE) subsidiary for about $1.23 billion.

The deal is expected to close Friday, Phillips 66 said.

Price: 137.25, Change: -0.42, Percent Change: -0.31

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