The deal involves acquiring the remaining 55% interest in BANGL, following which MPLX will take complete ownership of the NGL pipeline. The deal has been valued at $715 million. The NGL pipeline ...
Midstream company MPLX (MPLX.N), opens new tab said on Friday it would buy the remaining 55% interest in the BANGL natural gas pipeline from the affiliates of WhiteWater and Diamondback Energy ...
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. Feel unsure about ...