Plains All American Pipeline, L.P. /
EPIC Crude Holdings, LP
Plains All American Pipeline, L.P. agrees to buy EPIC Crude Holdings, LP
Source for the buyer and target: PLAINS ALL AMERICAN PIPELINE LP
For the buyer and target.
“HOUSTON – September 2, 2025 – Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) (collectively, “Plains”) announced today that a wholly owned subsidiary has entered into a definitive agreement to acquire from subsidiaries of Diamondback Energy, Inc. and Kinetik Holdings Inc., a 55% non-operated interest in EPIC Crude Holdings, LP (“EPIC Crude Holdings”), the entity that owns and operates the EPIC Crude Oil Pipeline (“EPIC Pipeline”), in a transaction valued at approximately $1.57 billion, inclusive of approximately $600 million of debt.”
Published 2 Sep 2025
Open the sourceWhat happened
Plains All American Pipeline, L.P. agreed to acquire EPIC Crude Holdings, LP for $1.57 billion, according to a filing dated Sept. 2, 2025. [01]
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Plains All American Pipeline, L.P. agrees to buy EPIC Crude Holdings, LP
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Announced
“Plains All American Pipeline, L.P. agrees to buy EPIC Crude Holdings, LP Plains All American Pipeline, L.P. agreed to acquire EPIC Crude Holdings, LP for $1.57 billion, according to a filing dated Sept. 2, 2025”
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