FINDLAY, Ohio, Aug. 27, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1.0 billion in cash consideration, subject to customary purchase...
Related Questions
How will the $1 billion cash consideration improve MPLX’s balance sheet and influence its dividend or share repurchase plans?
What valuation multiple (e.g., EV/EBITDA) does this transaction represent compared to recent midstream asset sales in the sector?
How will divesting the Rockies gathering and processing assets affect MPLX’s core earnings, cash flow outlook, and growth strategy going forward?