All posts of EPIC

EPIC Crude’s Strategic Position in the Premium Corpus Christi Market Continues to Advance

Port of Corpus Christi completes Milestone Ship Channel Improvement Project HOUSTON, TX – June 24, 2025 – EPIC Crude Holdings, LP (“EPIC Crude” or “the Company”) is excited that the Port of Corpus Christi has finalized their significant four-phase Channel Improvement Project (“CIP Project”) that began in 2017.   The CIP Project deepened the channel from […]
4 weeks ago

EPIC Announces the sale of EPIC Olefins

EPIC Midstream Holdings has completed the sale of EPIC Olefins to Howard Energy Partners HOUSTON, TX – January 8, 2025 – EPIC Midstream Holdings, LP (“EPIC”) announced today that it has completed the sale of EPIC Olefins, LP and EPIC Olefins, GP LLC (together “EPIC Olefins”) to Howard Energy Partners on December 23rd, 2024. “The […]
7 months ago

EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66

January 07, 2025 07:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL”) business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments. EPIC Y-Grade owns long […]
7 months ago

EPIC Crude Completes Issuance of New $1,200 Million Senior Secured Term Loan B

October 16, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–EPIC Crude Holdings, LP (“EPIC Crude” or “the Company”) today announced that it has completed the issuance of a new $1,200 million senior secured Term Loan B due 2031. The Company used the net proceeds from the Term Loan to repay its existing $1,125 million Term […]
10 months ago

Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude

Existing Partners increase ownership and commitments to further strengthen EPIC Crude’s financial profile and growth prospects September 24, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC Midstream Holdings LP (“EPIC Midstream”), today announced a series of transactions to support the continued growth […]
10 months ago

EPIC Y-Grade Completes Issuance of New $1,075 Million Senior Secured Term Loan B

April 08, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–EPIC Y-Grade, LP (“EPIC” or “the Company”) today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029. The Company used the net proceeds from the Term Loan to repay its existing $989 million Term Loan B […]
1 year ago

EPIC Crude Terminal Added to the Leading International Crude Oil Pricing Benchmark

S&P Global includes EPIC Corpus Christi Crude Terminal in its Platts Dated Brent Price Assessment  HOUSTON, TX – November 14, 2022 – EPIC Crude Holdings, LP (“EPIC Crude” or “the Company”) today announced that Platts will include the Company’s Crude Marine Terminal in Corpus Christi as a pre-approved terminal for WTI Midland crude oil in […]
3 years ago

EPIC Midstream Announces Offering Of Its First Sustainability-Linked Loan

EPIC’s First Sustainability-Linked Loan and Recently Released Sustainability Report Demonstrate Its Commitment To A Sustainable Future  HOUSTON, TX – October 19, 2022 – EPIC Propane Pipeline, LP (“EPIC” or “the Company”) has closed on an amendment and extension of its Term Loan with Riverstone Credit Partners LLC that will mature in September 2026. The Term […]
3 years ago

EPIC Midstream Holdings Expands Its Board Of Directors With Appointment Of Marcia Backus

HOUSTON, TX – April 28, 2022 – EPIC Midstream Holdings, LP (“EPIC” or “the Company”), today announced the appointment of Marcia E. Backus to EPIC’s Board of Directors as an independent director. Ms. Backus is Senior Vice President, General Counsel and Chief Compliance Officer of Occidental Petroleum (“Oxy”), where she oversees more than 60 lawyers […]
3 years ago

EPIC Crude Delivers Record Volumes

EPIC Crude delivering record volumes of 500,000 barrels per day HOUSTON, TX – April 6, 2022 – EPIC Crude Holdings, LP (“EPIC Crude” or “the Company”) continues to ship record crude volumes of 500,000 barrels per day during 2022.  EPIC Crude provides shippers access to the premium Corpus Christi market including EPIC Crude’s export facility […]
3 years ago