Aging and abandoned oil wells in West Texas are causing significant environmental damage, public health risks, and financial ...
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 ...
The 425-mile BANGL pipeline transports natural gas liquids from the Permian basin of Texas to fractionation markets along the Gulf Coast. It will help liquids to reach MPLX's Gulf Coast ...
MPLX (NYSE: MPLX) is a high-octane income investment. The master limited partnership (MLP) pays a prodigious cash distribution that currently yields 7.3%. Even better, the company has grown its payout ...
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MPLX LP MPLX has announced the acquisition of the remaining interest in BANGL LLC from the affiliates of WhiteWater and Diamondback Energy. The deal involves acquiring the remaining 55% interest ...
our growth platform is further improved for the long term as we connect growing NGL production from the Permian Basin to our recently announced Gulf Coast fractionation complex," MPLX (NYSE ...
MPLX mentioned that having full ownership over the BANGL pipeline solidifies its long-term growth prospects by connecting the growing Permian Basin NGL production to its fractionation complex on the ...