From Today & Tomorrow: Don Baldridge | Phillips 66 · · Phillips66Co
“Across all of these acquisitions, we've been able to capture significant synergies—over $500 million of synergies with our DCP acquisition.”
On , Donald Baldridge, Executive Vice President of Midstream & Chemicals at Phillips 66, spoke about mergers & acquisitions during Today & Tomorrow: Don Baldridge | Phillips 66 on Phillips66Co.
Don Baldridge, Executive Vice President of Midstream and Chemicals at Phillips 66, discussed the company's recent initiatives in a November 2025 episode of the video series "Today & Tomorrow." He described the Western Gateway Pipeline, a partnership with Kinder Morgan, as a project to transport refined products from the central U.S. to the West, involving a new pipeline from Borger, Texas, to Phoenix, Arizona, and connecting to an existing pipeline to Colton, California. Baldridge stated that the pipeline would bring "American-produced fuel to the West." Baldridge also addressed the impact of the DCP Midstream acquisition, which he said "finished the foundation of our NGL wellhead-to-market platform." He noted that the company captured "over $500 million of synergies" from that acquisition, and that additional acquisitions, such as Pinnacle Midstream and Epic NGL, added supply connectivity and capacity. He highlighted the integration of the Midstream platform with the broader Phillips 66 business, citing the Sweeney Hub as an example where the company fractionates over 700,000 barrels per day)Skip