Phillips 66 completes acquisition of DCP Midstream, LP common units
6/15/2023
Phillips 66 and DCP Midstream, LP completed the previously announced acquisition by Phillips 66 of all the publicly held common units representing limited partner interests in DCP Midstream for $41.75 per common unit in cash at a total value of approximately $3.8 B, increasing its economic interest in DCP Midstream to 86.8%.
Effective with the opening of markets today, DCP Midstream’s common units will no longer be listed on the New York Stock Exchange.
Related News
Related News
Sign up to Receive Our Newsletter
- Digital Exclusive: The future of gas turbines in the green revolution
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
- Kent secures integral role in engineering and execution of Wormington compressor station project
- IEEFA: Europe’s LNG imports decline 19% with gas demand at 11-yr low
Comments