Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
Belvieu Alternative NGL pipeline partners WhiteWater Midstream, MPLX LP (45%), and Rattler Midstream LP, have sanctioned its expansion to 300,000 b/d from 250,000 b/d.
Despite that, I think MPLX’s position as a leading midstream player across the energy infra value chain is secure. With a well-covered distribution payout ratio (1.5x) and acceptable leverage (3 ...
ONEOK and MPLX are forming joint ventures to build a new 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export ...
Pipeline operator ONEOK and midstream company MPLX LP entered into a joint venture on Tuesday to construct a 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas at a ...
As a major midstream energy player, MPLX's business is largely insulated against oil and gas price volatility. Shippers typically commit to long-term contracts for midstream assets, minimizing ...
MPLX has been investing $1b per year as part of its growth initiative. Management will be seeking additional acquisitions, like its $625mm acquisition of Summit Midstream in March 2024 for its ...
Bluestone, part of Marathon Petroleum's midstream segment, MPLX, surpassed the requirement of lowering its energy intensity by 10% within a five-year period. This feat allowed Bluestone to host an ...
By Newsbase Midstream players ONEOK and MPLX announced this week that they had agreed to build a new 400,000 barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas City, on the ...
In a report released today, Neal Dingmann from Truist Financial maintained a Buy rating on MPLX (MPLX – Research Report), with a price target ...