NOTES:
Phillips 66 Partners has entered into a deal to acquire a 25% stake in Dakota Access, LLC and Energy Transfer Crude Oil Company and a 100% interest in Merey Sweeny, LP from Phillips 66.
The acquisition has a transactional value of $2.4 billion, which includes the assumption of $625 million in Bakken Pipeline debt and $100 million in Merey Sweeny related debt. The deal is set to close in early October 2017.
REGIONS:
Rockies
Gulf Coast