MPLX Expands Powerfully With $1.7 Billion Bet on Natural Gas & NGL Growth; What Lies Ahead?

MPLX LP, a leading master limited partnership, reported its second quarter 2025 financial results, showcasing a mix of strategic developments and financial performance. The company has been actively expanding its strategic assets, particularly in the prolific Delaware Basin, with the acquisition of Northwind Midstream for approximately $2.4 billion. Northwind’s assets include sour gas gathering infrastructure in New Mexico, a strategic move that adds over 200,000 dedicated acres and enhances MPLX’s capacity and reach in the region.