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.
MPLX to buy remaining 55% stake in BANGL pipeline system in $715M deal
MPLX agreed to acquire the remaining 55% interest in the BANGL pipeline system in Texas from affiliates of WhiteWater and ...
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 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.
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% ...
Nasdaq2d
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 ...
Nasdaq5d
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 ...
Morningstar6d
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 ...
The Motley Fool4d
This 7.3%-Yielding Dividend Stock Is Making a $715 Million Acquisition to Add More Fuel to Its High-Octane Income Growth Engine
MPLX is buying the rest of the BANGL pipeline for $715 million. The deal will give it 100% of the pipeline's growing cash flows. It adds more income to the company's already robust growth profile.