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 ...

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 ... with a focus on midstream ...

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 ...

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 ...

FINDLAY, Ohio, March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX ... The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing ...

MPLX, formed by Marathon Petroleum, has grown into a major midstream player with strong profitability metrics and a significant presence in natural gas, NGLs, and crude oil. The company’s "NGL ...

MPLX also revealed its acquisition of the remaining 55% stake in BANGL, LLC for $715 million, aiming to enhance its growth platform by integrating increased NGL production from the Permian basin.

FINDLAY, Ohio, Feb. 28, 2025 /PRNewswire/ -- MPLX LP (NYSE ... up to 250 thousand barrels per day of natural gas liquids from the Permian basin of Texas to fractionation markets along the Gulf ...

Barclays analyst Theresa Chen raised the firm’s price target on MPLX (MPLX) to $55 from $52 and keeps an Overweight rating on the shares. The ...

Shares of MPLX stock opened at $53.43 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.95 and a current ratio of 0.99. The stock has a market capitalization of $54.63 ...