WMB Gas & NGL Marketing Services Portfolio
Project information
As at 31 December 2025
Type:
Processing Facility
Type:
Processing Facility
Aggregation level:
Company portfolio
Aggregation level:
Company portfolio
Status:
Operating
Status:
Operating
Report standard:
-
Report standard:
-
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Processing Facility
Extraction:
Processing Facility
Country:
United States
Country:
United States
Facility kind:
Other
Facility kind:
Other
Licensed capacity:
-
Licensed capacity:
-
Capacity unit:
-
Capacity unit:
-
Capacity period:
-
Capacity period:
-
Capacity kind:
-
Capacity kind:
-
Description
As at 31 December 2025
Segment rollup of natural gas and NGL marketing: asset management, wholesale marketing, trading, storage and transportation for utilities, municipalities, power generators and producers, plus marketing of equity and third-party NGLs. 2025 Modified EBITDA of $311 million (2024: $(124) million; 2023: $950 million). Includes the March 2025 minority equity-method investment in Cogentrix. In 2025 the three largest NGL marketing customers accounted for ~42% of NGL marketing sales.
Portfolio Aggregate · Processing facilities
Multiple effective dates
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