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 ...
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 ...
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 ...
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 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% ...
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.
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.
Morningstar6d
MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
"With full ownership of BANGL and its expansion opportunities, our growth platform is further improved for the long term as we connect growing NGL production from the Permian basin to our recently ...
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 ...