MPLX LP to Sell Rockies Gathering and Processing Assets to Harvest Midstream for $1 Billion

Reuters

Aug 27

<a href="https://laohu8.com/S/MPLX">MPLX LP</a> to Sell Rockies Gathering and Processing Assets to Harvest Midstream for $1 Billion

MPLX LP has announced a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1.0 billion in cash. The sale includes natural gas gathering and transportation pipelines and processing capacity of 1.2 billion cubic feet per day, which operated at 52% in 2024. The transaction is anticipated to close in the fourth quarter of 2025. Maryann Mannen, president and CEO of MPLX, stated that the divestiture aligns with the company's strategic focus on growth in the Marcellus and Permian basins.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPLX LP published the original content used to generate this news brief via PR Newswire (Ref. ID: CL59840) on August 27, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The sale includes natural gas gathering and transportation pipelines and processing capacity of 1.2 billion cubic feet per day, which operated at 52% in 2024. The transaction is anticipated to close in the fourth quarter of 2025. Maryann Mannen, president and CEO of MPLX, stated that the divestiture aligns with the company's strategic focus on growth in the Marcellus and Permian basins.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPLX LP published the original content used to generate this news brief via PR Newswire (Ref. 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The sale includes natural gas gathering and transportation pipelines and processing capacity of 1.2 billion cubic feet per day, which operated at 52% in 2024. The transaction is anticipated to close in the fourth quarter of 2025. Maryann Mannen, president and CEO of MPLX, stated that the divestiture aligns with the company's strategic focus on growth in the Marcellus and Permian basins.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPLX LP published the original content used to generate this news brief via PR Newswire (Ref. ID: CL59840) on August 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MPLX","symbol_name":"MPLX LP","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250827:nNDL9gjSSJ:1","article_id":"2562419710","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562419710","pubTimestamp":1756292470,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"MPLX LP has announced a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1.0 billion in cash. 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