MPLX LP Common Units Representing Limited Partner Interests (MPLX)
53.91
+1.67 (3.20%)
Mplx LP is a prominent energy infrastructure company that specializes in the transportation, storage, and logistics of natural gas and natural gas liquids
With a focus on increasing efficiency and reliability in the energy supply chain, the company operates an extensive network of pipelines and facilities designed to facilitate the movement of energy resources across various regions. Mplx also engages in the processing of natural gas, playing a critical role in ensuring the availability of energy for consumers and businesses. Through its operations, the company aims to support the growing demand for energy while maintaining a commitment to safety and environmental stewardship.
MPLX LP to acquire remaining 55% interest in BANGL, LLC for $715 million and may make additional payments based on financial targets. Transaction expected to close in July 2025 and will improve growth platform.
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