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Donald Baldridge on mergers & acquisitions

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.”

Donald Baldridge
Executive Vice President of Midstream & Chemicals, Phillips 66
Policy Impact mergers & acquisitionssynergiescorporate finance

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.

Today & Tomorrow: Don Baldridge | Phillips 66
Watch on YouTube at 2:42
Today & Tomorrow: Don Baldridge | Phillips 66
Phillips66Co
Watch on YouTube at 2:42
Today & Tomorrow is a video series that discusses how today’s strategy is shaping the future of Phillips 66. In this episode, Phillips 66 Executive Vice President of Midstream and Chemicals, Don Baldridge, discuss the newly announced Western Gateway Pipeline; a strategic partnership with Kinder Morgan that will connect our Midcontinent infrastructure to the West, delivering American-produced energy to California, Arizona and Nevada. Don also talks about how our Midstream business has transformed since the DCP Midstream acquisition, which expanded our footprint, boosted efficiency and strengthened our integrated value chain. Midstream is central to our wellhead to market strategy.  It enables real-time optimization across the value chain, identifies new market opportunities, and ensures we meet growing energy demands with efficiency, reliability, and scale. SUBSCRIBE: https://bit.ly/3gAPsVV Follow us: LinkedIn – www.linkedin.com/company/phillips66co Instagram –   / phillips66co   Facebook –   / phillips66co   X –   / phillips66co   ABOUT PHILLIPS 66 Phillips 66 manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. #Phillips66
Donald Baldridge

About Donald Baldridge

Executive Vice President of Midstream & Chemicals · Phillips 66

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

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