Bangl poly naked poto. Following the closing, MPLX will fully consolidate the BANGL pipeline into its financial results. The BANGL pipeline was planned to move Y-grade NGL from the Permian Basin to the NGL fractionation hub in Sweeny, Texas, with a planned initial capacity of approximately 500,000 barrels per day. The deal has been valued at $715 million. Mar 13, 2025 · MPLX will take full control of the BANGL system stretching from the Permian Basin to fractionation markets on the Gulf Coast. 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 Feb 28, 2025 · MPLX LP has entered into a definitive agreement to acquire the remaining 55% interest in BANGL, LLC from affiliates of WhiteWater and Diamondback Energy for $715 million. Feb 28, 2025 · The deal is expected to close by July 2025, subject to customary conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Mar 11, 2025 · BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. It currently is being expanded to 300,000 b/d by second half 2026. Feb 28, 2025 · 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. 28. The companies expect to close the deal in July ‘25, according to the February 28 announcement. Feb 28, 2025 · 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. . Mar 3, 2025 · The deal involves acquiring the remaining 55% interest in BANGL, following which MPLX will take complete ownership of the NGL pipeline. Feb 28, 2025 · The BANGL pipeline system currently transports up to 250 thousand barrels per day of natural gas liquids from the Permian basin of Texas to fractionation markets along the Gulf Coast. Feb 28, 2025 · The BANGL pipeline system transports up to 250 thousand barrels per day of natural gas liquids from the Permian basin of Texas to fractionation markets along the Gulf Coast. Feb 28, 2025 · FINDLAY, Ohio, Feb. 28, 2025 /PRNewswire/ -- 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. Feb 28, 2025 · MPLX LP has agreed to acquire the remaining 55% interest in BANGL LLC for $715 million from affiliates of WhiteWater and Diamondback, the midstream MLP announced Feb. Feb 28, 2025 · MPLX LP has entered into a definitive agreement to acquire the remaining 55% interest in BANGL, LLC from affiliates of WhiteWater and Diamondback Energy for $715 million. euvffkydgrsg3bd97iofsmz8ki0jnuyppay3bw1