Back to News
Nov 20, 2025 12:00 PM

ExxonMobil Acquires 40% Stake In Enterprise's Bahia NGL Pipeline

Exxon Mobil Corporation (NYSE:XOM) penned a deal with Enterprise Products Partners L.P. (NYSE:EPD) and its affiliates to acquire a 40% undivided joint interest (UJI) in Enterprise's Bahia natural gas liquids (NGL) pipeline.

Details

The Bahia pipeline, which spans 550 miles, is currently in commissioning and will begin commercial operations thereafter.

It will have an initial capacity to transport 600,000 barrels per day (BPD) of NGLs from the Midland and Delaware basins of West Texas to Enterprise’s Mont Belvieu fractionation complex.

Also Read: Analysts Revised ExxonMobil EPS Estimates, Emphasizes Permian Growth Potential

The transaction, pending regulatory approval, is ...