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 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 ...
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 ...
World Pipelines3d
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 ...
MPLX to buy remaining 55% stake in BANGL pipeline system in $715M deal
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 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% ...
Gas Processing & LNG5d
MPLX to buy remaining interest in BANGL natural gas pipeline for $715 MM
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 ...
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 ...
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.
Nasdaq4d
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 ...