EPIC Crude Holdings, LP, a subsidiary of Ares Management Corporation, has solidified its strategic position in the Corpus Christi market following the completion of the Port of Corpus Christi's Channel Improvement Project. This significant development, which began in 2017, has enhanced the port's capabilities by deepening and widening its channel to accommodate larger vessels, thereby facilitating more efficient transport of crude oil and other commodities. EPIC Crude is leveraging this advancement to transport over 600,000 MBpd to the Corpus Christi market, focusing on providing safe and reliable crude oil transport from major basins like Delaware, Midland, and Eagle Ford. The company aims to offer its customers maximum optionality for end market delivery, bolstered by its access to premier export facilities and local refineries.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.