MPLX to Divest Rockies Midstream Assets & Sharpen Focus on Core Basins
MPLX is set to sell its Rockies gathering and processing assets for $1B to sharpen its focus on the core Marcellus and Permian basins.
Zacks·18d ago
Will EPD's Extensive Pipeline System Boost Profit Margins?
Enterprise Products expands in the Midland Basin with a key asset buy from Occidental, boosting growth and long-term cash flow potential.
Zacks·19d ago
MPLX Inks Deal To Divest Rockies Gathering and Processing Assets For $1B To Harvest Midstream
MPLX said that Harvest has contractually agreed to dedicate approximately 12,000 barrels per day of natural gas liquids from these assets to MPLX for a period of seven years, commencing in 2028.
Stocktwits·20d ago
Astera Labs and Conagra Brands have been highlighted as Zacks Bull and Bear of the Day
Astera Labs surges on record earnings and AI momentum, while Conagra Brands struggles with shrinking margins and weak demand.
Zacks·29d ago
3 Midstream Stocks That Can Sail Through Energy Volatility
Kinder Morgan, MPLX and Williams boast fee-based midstream models built to withstand oil and gas price swings.
Zacks·1mo ago
Can Enterprise Products' Fee-Based Revenues Drive Margin Growth?
EPD's vast pipeline network and 82% fee-based margin fuel a steady cash flow, powering 27 years of distribution growth.
Zacks·1mo ago
Will EPD's $5.6B Project Backlog Translate Into Higher Margins?
Enterprise Products trims its capital plan to $5.6B as key projects come online, setting up 2025 as a pivotal year for growth and earnings.