Investment Summary |
|
|---|---|
| Date | 2025-05-15 |
| Target | JET |
| Sector | Oil/Gas Exploration |
| Investor(s) |
Stonepeak
Energy Equation Partners |
| Sellers(s) | Phillips 66 |
| Deal Type | Stake Purchase |
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Stonepeak is a private equity firm focused on North American infrastructure investing. Specific areas of interest include energy assets, power/renewables, transportation, utilities, water, and communications. Stonepeak was formed in 2011 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 44 |
| Sector: Oil/Gas Exploration M&A | 2 of 2 |
| Type: Stake Purchase M&A Deals | 9 of 9 |
| Country: Germany M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-16 |
Forgital
Vicenza , Italy Forgital manufactures seamless rolled rings in rectangular or profiled sections, as well as assembled fan modules, covering the largest range of sizes. It specializes in forging rolled rings, with technologically advanced capabilities across a broad range of materials, including titanium, nickel and cobalt alloys, carbon steel, alloy steel, stainless steel and aluminum. The company's Compact Supply Chain simplifies the production process of its customers through an integrated system of technologies and services that encompasses all the steps of the project: from the pre-processing to the post-processing phase (including finishing, welding, and macroetching). Forgital was founded in 1873 and is based in Vicenza, Italy. |
Buy | - |
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| Country: Germany M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1875 |
| Sector | Energy Services and Equipment |
| Employees | 13,200 |
| Revenue | 143.2B USD (2024) |
Phillips 66 is an energy and logistics company. Its midstream segment gathers, processes, transports and markets natural gas; and transports, stores, fractionates and markets natural gas liquids (NGL) in the United States. In addition, this segment transports crude oil and other feedstocks to refineries and other locations, delivers refined and specialty products to market, and provides terminaling and storage services for crude oil and petroleum products. Its chemicals segments consists of our 50 percent equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics on a worldwide basis. Its refining segment buys, sells and refines crude oil and other feedstocks at refineries in the United States and Europe. Its marketing and specialties segment purchases for resale and markets refined petroleum products (such as gasolines, distillates and aviation fuels), mainly in the United States and Europe. Phillips 66 was founded in 1875 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Oil/Gas Exploration M&A | 3 of 3 |
| Type: Stake Purchase M&A Deals | 3 of 3 |
| Country: Germany M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-06 |
EPIC NGL
Corpus Christi, Texas, United States EPIC NGL is a fully integrated NGL system consisting of nearly 1,100 miles of y-grade, ethane, propane, normal butane, isobutane, and natural gasoline pipelines, and fractionation facilities providing critical products supply to petrochemical companies, refineries, and export markets. EPIC NGL is based in Corpus Christi, Texas. |
Buy | $2.2B |
