$DINO

Phillips 66, Kinder Morgan (KMI) and HF Sinclair (DINO) will proceed with the proposed $5 billion Western Gateway Pipeline system, a 1,300-mile refined products pipeline with 230,000 bpd design capacity. Phillips 66 will reverse its Gold Pipeline and KMI will contribute existing lines valued about $1.5 billion. Phillips 66 plans nearly $2.5 billion cash, KMI $250 million, DINO $750 million, targeting 2029 completion.

Phillips 66 and Kinder Morgan reached a final investment decision for the $5 billion Western Gateway Pipeline to ship gasoline and other refined products from Texas to Arizona and California. Phillips 66 will own 49.9%, Kinder Morgan 35.1%, and HF Sinclair 15% via the JV. The project links multiple refineries to terminals in El Paso, Tucson/Phoenix, Colton and Las Vegas.

HF Sinclair CEO Franklin Myers bought $1.28M of DINO stock on Aug 11, 2026, purchasing 15,000 shares at about $85.20 to $85.35, shortly after a Q2 beat in which adjusted EBITDA more than doubled year over year. The article cites a $5B Western Gateway Pipeline JV and new base oil supply deals, plus analyst price targets ranging from $73 to $114.

Phillips 66, Kinder Morgan, and HF Sinclair plan a Western Gateway refined-products pipeline venture. Partners will own 49.9%, 35.1%, and 15.0%. The 1,300-mile system targets 230,000 b/d capacity, expandable to 320,000 b/d, with about $5B enterprise value. Completion is targeted for 2029, subject to approvals.

Phillips 66, Kinder Morgan, and HF Sinclair reached a final investment decision for the $5 billion Western Gateway Pipeline System, a 1,300-mile project to move refined fuel products from the U.S. Midcontinent and Gulf Coast to Arizona and California. Completion is expected in 2029. Phillips 66 holds 49.9%, Kinder Morgan 35.1%, HF Sinclair 15%.

Phillips 66 (PSX), Kinder Morgan (KMI) and HF Sinclair (DINO) said they reached a final investment decision to proceed with the Western Gateway refined-products pipeline. The 1,300-mile system targets 230,000 bpd capacity and about $5.0 billion enterprise value. Ownership is 49.9% PSX, 35.1% KMI, 15% DINO, with completion targeted for 2029.

HF Sinclair (DINO) is discussed as earnings and estimates improve for 2026. Zacks consensus calls for $11.85 EPS in 2026, up 19.8% in four weeks. Q2 adjusted EPS was $5.31 vs $4.39 consensus, and adjusted refinery EBITDA was $1.02B. The article notes DINO trades at 0.49X forward sales, near its 5-year high, with cyclical risks.

Investing.com roundup of U.S. insider trades. Ameresco director Brian Cox bought 39,700 shares for about $995k. HF Sinclair CEO Franklin Myers bought 15,000 shares for about $1.28m. Citizens CEO Jon Stenberg bought 50,000 shares for about $200k. Airbnb executives Nathan Blecharczyk sold about $92.6m and Brian Chesky sold about $35.0m under Rule 10b5-1 plans.

MYERS FRANKLIN (CEO) purchased 15,000 shares of HF Sinclair Corp (DINO) at $85.30 ($1.28M total) on 2026-08-11.

Phillips 66, Kinder Morgan, and HF Sinclair approved a $5 billion Western Gateway Pipeline joint venture. The 1,300-mile refined products system is designed for 230,000 bpd, linking St. Louis and Gulf Coast origins to Arizona and California. Phillips 66 owns 49.9%, Kinder Morgan 35.1%, HF Sinclair 15%, with $2.5B, $250M, and $750M cash contributions, respectively.