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.
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 ...
Nasdaq5d
MPLX to Fully Acquire BANGL Pipeline, Boost Permian Basin NGL Capacity
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 ...
The Globe and Mail2d
This 7.3%-Yielding Dividend Stock Is Making a $715 Million Acquisition to Add More Fuel to Its High-Octane Income Growth Engine
MPLX has agreed to buy the remaining 55% interest in BANGL, which it doesn't already own, for $715 million. The BANGL pipeline system currently transports 250,000 barrels of natural gas liquids ...
World Pipelines5d
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 ...
Electric Energy Online5d
MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
MPLX LP (NYSE: MPLX) today (Feb 28) announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for $7. . .