On the Record · Mplx

Mplx acquisitions, on the record

The businesses Mplx bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
remaining 40 percent interest in MarkWest Torñado GP, L.L.C. ("Torñado") Word for word“On December 15, 2023, MPLX used $303 million of cash on hand to purchase the remaining 40 percent interest in MarkWest Torñado GP, L.L.C. (“Torñado”) for approximately $270 million, including cash paid for working capital, and to extend the term of a gathering and processing agreement for approximately $33 million.” 10-K for 2023	acquisition	On December 15, 2023	approximately $270 million
Utica Midstream Acquisition Word for word“In March 2024, acquired additional ownership interest in existing joint ventures and gathering assets in the Utica basin (“Utica Midstream Acquisition”).” 10-K for 2024	acquisition	In March 2024	—
Whistler Joint Venture Transaction Word for word“In May 2024, formed a new joint venture to strategically combine the Whistler Pipeline joint venture and the Rio Bravo Pipeline project (the “Whistler Joint Venture Transaction”).” 10-K for 2024	merger	In May 2024	—
additional 20 percent interest in BANGL, LLC Word for word“Acquired an additional 20 percent interest in BANGL, LLC, a joint venture that owns the natural gas liquids pipeline system, in July 2024, increasing our ownership interest to 45 percent.” 10-K for 2024	acquisition	in July 2024	—
Torñado (remaining joint venture interest) Word for word“(2) The year ended December 31, 2023 includes a $92 million gain on remeasurement of our existing equity investment in M arkWest Torñado GP, L.L.C. (“Torñado”) in conjunction with the purchase of the remaining joint venture interest in 2023 (the “Torñado Acquisition”).” 10-K for 2024	acquisition	2023	—
gathering businesses from Whiptail Midstream, LLC Word for word“Expanded our crude oil value chain in March 2025 by acquiring gathering businesses from Whiptail Midstream, LLC.” 10-K for 2025	acquisition	March 2025	—
BANGL, LLC Word for word“Completed the acquisition of the remaining 55 percent interest in BANGL, LLC (“BANGL”), in July 2025 for $703 million in cash, plus an earnout provision of up to $275 million based on targeted EBITDA growth from 2026 to 2029 (the “BANGL Acquisition”).” 10-K for 2025	acquisition	July 2025	$703 million in cash, plus an earnout provision of up to $275 million
Northwind Midstream Word for word“Completed the acquisition of Northwind Midstream in August 2025 for $2.4 billion in cash (the “Northwind Midstream Acquisition”).” 10-K for 2025	acquisition	August 2025	$2.4 billion in cash
Rockies gathering and processing operations Word for word“Sold our Rockies gathering and processing operations to a subsidiary of Harvest Midstream in November 2025 for $980 million in cash consideration.” 10-K for 2025	divestiture	November 2025	$980 million in cash consideration

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$0	$21 million
2017-12-31	$249 million	$0
2018-12-31	$451 million	$7.77 billion
2019-12-31	—	$717 million
2020-12-31	$0	—
2021-12-31	$0	—
2022-12-31	$28 million	—
2023-12-31	$246 million	—
2024-12-31	$622 million	—
2025-12-31	$3.32 billion	$1.11 billion

Deal filings since 2016

2026-04-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-07-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-09-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-07-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-09-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Mplx’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.