This will build on MPLX's status as the largest processor of natural gas and fractionator of NGLs in the Northeast. In the Permian, the Preakness II processing plant began operations in July.

MPLX (NYSE: MPLX) is a high-octane income investment. The master limited partnership (MLP) pays a prodigious cash ...

including the addition of two new processing plants and record throughput in key basins. MPLX announced a $2 billion capital expenditure plan for 2025, allocating 85% to Natural Gas and NGL ...

MPLX LP has redefined its reporting segments to Crude Oil and Products Logistics, previously known as Logistics and Storage, and Natural Gas and NGL Services, formerly known as Gathering and ...

MPLX said it would buy the remaining 55% interest in the BANGL natural gas pipeline from the affiliates of WhiteWater and Diamondback Energy for $715 MM, as it looks to increase its Permian footprint ...

MPLX operates a diverse portfolio of assets primarily focused on gathering, processing, and transporting natural gas, natural gas liquids (NGLs), and crude oil. According to the Q3 2024 10-Q ...

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 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 ...