EPIC原油管道所有者权衡30亿美元的销售-路透社

The owners of the EPIC Crude pipeline - one of the major pipelines transporting oil from the Permian and Eagle Ford basins in Texas to export facilities on the U.S. Gulf coast - are weighing a potential sale, with any deal likely valued in the $2.5B-$3.5B range including debt, Reuters reported Monday.

Ares Management (NYSE:ARES) owns ~45% of EPIC Midstream, the company which holds EPIC Crude, with the rest held equally by Diamondback Energy (NASDAQ:FANG) and Kinetik Holdings (NYSE:KNTK).

The owners are working with investment bankers on the sale and have begun reaching out to prospective buyers, according to the report.

Diamondback (NASDAQ:FANG) CEO Kaes Van't Hof and Kinetik (NYSE:KNTK) CEO Jamie Welch indicated in their earnings conference calls earlier this month (I, II) that they may be open to selling their stakes in EPIC Crude, which are not core to their main businesses.

EPIC Crude has a capacity of more than 600K bbl/day and could be expanded to carry up to 1M bbl/day; in addition to more than 700 miles of pipeline, EPIC Crude includes ~6.8M barrels of storage capacity.