For 2025, Targa expects full-year Ebitda to rise by approximately 15% over 2024 to $4.65 billion-$4.85 billion. It expects to spend between $2.6 billion-$2.8 billion in growth capital expenditures and ...

Natural gas transmission company ONEOK has announced the completion of two key projects, the MB-6 NGL fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL pipeline system.

Q4 2024 Management View CEO Matt Meloy highlighted that 2024 was a record year for Targa, driven by significant growth in Permian volumes, which led to record NGL transportation, fractionation, and ...

Adjusted EBITDA rose to $3.88 billion for Q4 2024, helped by an increase in transport volumes for petroleum and refined ...

Energy Transfer also recently approved building the ninth NGL fractionator at its Mont Belvieu complex. The company is also developing an offshore oil port, carbon capture and sequestration ...

Oneok has also invested heavily in high-return organic expansion projects, like its MB-6 fractionator and the full looping of its West Texas NGL Pipeline System, both of which entered service at ...