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Stock impact report

Phillips 66 and Kinder Morgan, Inc. Announce Launch of Subsequent Open Season for Remaining Western Gateway Capacity and Expanded Origins and Destinations

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) and Kinder Morgan, Inc. (NYSE: KMI) today announced the launch of the second open season for the Western Gateway Pipeline (Western Gateway), a newly proposed refined products pipeline system. As previously announced, the initial open season concluded in December with significant shipper interest, including shipper commitments.The second open season is for remaining pipeline capacity, and adds new access to the Los Angeles market via a joint tariff supported by the planned reversal of one of Kinder Morgan’s existing SFPP lines between Watson and Colton, California. In addition to expanding the offered destinations, the second open season adds additional origin points to enable supply diversification and optionality for customers.The second open season will open January 16, 2026, at noon CT and will close March 31, 2026, at noon CT.The Western Gateway Pipeline will consist of a new-build pipeline from Borger, Texas to Phoenix, Arizon Show less Read more
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