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 ...
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Hosted on MSNONEOK, MPLX partner on Gulf Coast LPG export terminalBy 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 ...
MPLX) reported fourth quarter earnings and revenue that surpassed analyst expectations, leading to a modest 0.78% increase in its stock price. The midstream energy company posted adjusted earnings ...
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