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Plains Takes Majority Stake In EPIC Crude In $1.57B Deal

By Al Barbarino ( September 2, 2025, 4:45 PM EDT) -- Plains All American Pipeline said Tuesday that a subsidiary has agreed to acquire a 55% non-operated stake in EPIC Crude Holdings LP, owner of the EPIC Crude Oil Pipeline, from subsidiaries of Diamondback Energy and Kinetik Holdings in a deal valued at about $1.57 billion, including roughly $600 million of debt....

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