MPLX LP Stock News

My strategy focuses on high-yield securities with stable income streams to reduce stress, ensure stable investment progress, and limit capital impairment risk. The Top 3 criteria for security selection are: investment-grade balance sheets, strong dividend coverage, and defensive, non-cyclical business models. The idea is to emphasize a buy-and-hold approach with deep analysis upfront to minimiz...

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.35%, ...

Chasing yields above 10% is risky. 8-10% yields offer a sweet spot when combined with stable cash flows and strong balance sheets. I share three of these stocks that I really like right now.

MPLX continues to add new expansion projects to its backlog.

MPLX LP benefits from solid industry tailwinds, including rising U.S. energy demand and its position as a leading midstream player. Impressive financial resilience with record adjusted EBITDA, strategic growth investments, and strong distribution yield of 8.63%. Valuation compelling at $71 fair value, with attractive P/E ratio compared to peers.

MPLX LP Common Units (NYSE:MPLX ) Q3 2024 Earnings Conference Call November 5, 2024 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and Investor Relations Maryann T. Mannen - President and Chief Executive Officer Kristopher Hagedorn - Executive Vice President and Chief Financial Officer Gregory S.

One of the main drawbacks of high durable income investing is the opportunity cost that comes from reduced income growth potential. However, as I have shown in this article, by being very selective, it is possible to achieve ~ 7% portfolio yield with also ~ 7% income growth rate going forward. Granted, the growth is not in double digit territory as for SCHD and it might not come true, but that ...

FINDLAY, Ohio , Nov. 5, 2024 /PRNewswire/ -- Third -quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.4 billion $1.7 billion of adjusted EBITDA attributable to MPLX and $1.4 billion of distributable cash flow $949 million of capital returned to unitholders Increased quarterly distribution by 12.5% to $3.83 per unit annualized Executing g...