MPLX to Fully Acquire BANGL Pipeline, Boost Permian Basin NGL Capacity
MPLX LP states that the acquisition of the remaining 55% stake in BANGL should be immediately accretive to key financial metrics. The move is expected to generate strong returns for the partnership.
World Pipelines19h
MPLX announces agreement to acquire remaining 55% interest in BANGL pipeline system
MPLX LP has announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire ...
This 7.3%-Yielding Dividend Stock Is Making a $715 Million Acquisition to Add More Fuel to Its High-Octane Income Growth Engine
MPLX (NYSE: MPLX) is a high-octane income investment. The master limited partnership (MLP) pays a prodigious cash ...
MPLX to buy remaining 55% stake in BANGL pipeline system in $715M deal
MPLX (NYSE:MPLX) said Friday it agreed to acquire the remaining 55% interest in the BANGL pipeline system in Texas from affiliates of WhiteWater and Diamondback Energy (FANG) for $715M; upon ...
MPLX Seals $715 Million Deal For Full Control Of BANGL Pipeline: Details
MPLX LP to acquire remaining 55% interest in BANGL, LLC for $715 million and may make additional payments based on financial ...
MPLX to acquire remaining 55% interest in Bangl for $715M
MPLX (MPLX) announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% ...
Nasdaq3d
MPLX To Buy Remaining 55% Stake In BANGL For $715 Mln
Following the deal closure, the BANGL Pipeline will be a wholly owned asset of MPLX and consolidated in MPLX's financial results. MPLX expects the BANGL pipeline system would enable liquids to ...
MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
MPLX LP (NYSE: MPLX) today announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for $715 million.
Reuters3d
MPLX to buy remaining interest in BANGL natural gas pipeline for $715 million
Energycategory Oil on track for first monthly drop since November on Trump tariff concerns 10:46 AM UTC Energycategory Siemens Energy to supply Rolls-Royce with equipment for small nuclear ...
Seeking Alpha27d
MPLX LP Common Units (MPLX) Q4 2024 Earnings Call Transcript
BANGL, as I mentioned this morning, also expanding the mainline to 300,000 barrels a day. So we think this investment in the Fractionation complex and the export terminal really complements MPLX's ...
gasprocessingnews3d
MPLX to buy remaining interest in BANGL natural gas pipeline for $715 MM
MPLX said it would buy the remaining 55% interest in the BANGL natural gas pipeline from the affiliates of WhiteWater and Diamondback Energy for $715 MM, as it looks to increase its Permian footprint ...
Morningstar3d
MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
Following closing, the BANGL Pipeline will be a wholly owned asset of MPLX and consolidated in MPLX's financial results. About the BANGL Pipeline The BANGL pipeline system transports up to 250 ...