Units of the midstream operator appear to be moderately overvalued ... MPC also has control over MPLX's Board of Directors. At any time, there's the risk that the midstream company could be ...
Feb 4 (Reuters) - Pipeline operator ONEOK (OKE.N), opens new tab and midstream company MPLX LP (MPLX.N), opens new tab entered into a joint venture on Tuesday to construct a 400,000-barrel per day ...
MPLX LP (NYSE:MPLX), a prominent player in the midstream energy sector with a market capitalization of $54.7 billion, has reached a new 52-week high, with its stock price soaring to $54.21.
MPLX acquires 55% of BANGL, LLC for $715M, boosting long-term growth prospects. Deal to close in July 2025, with full ownership of BANGL and expanded NGL pipeline connections. Find out which stock ...
MPLX, a regular feature in Investor's Business Daily's Income Investor column, is back in the spotlight as the stock shows impressive growth and a sizzling 7% yield. Formed in 2012 as a spinoff ...
It has been about a month since the last earnings report for MPLX LP (MPLX). Shares have lost about 1.5% in that time frame, outperforming the S&P 500. Will the recent negative trend continue ...
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 LP (MPLX) closed the most recent trading day at $51.88, making no change from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.29%.
MPLX reported fourth-quarter EBITDA of $1.8 billion, up 9% year over year. This translated into distributable cashflow of $1.5 billion, a 7% year-on-year increase. Why it matters: The biggest ...
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 ...