MPLX Lp(MPLX)
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products located through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.
Latest News & Analysis
MPLX LP: Portfolio Discipline Validates the Consolidation Thesis
The USD 1B Rockies divestiture frees capital for Permian expansion, with analyst upgrades confirming durable 12.5% distribution growth.
MPLX LP: Navigating Growth and Dividends in the Evolving Energy Landscape
MPLX LP shows robust growth, strategic joint ventures, and strong dividends, making it a standout in the midstream energy space.
MPLX LP: Q4 Performance, Dividend Analysis, and Future Outlook
MPLX LP (MPLX) presents a compelling investment in the midstream energy sector, with a high dividend yield and strategic growth initiatives. Investors should carefully consider the risks.
MPLX LP (MPLX): Analyzing Financial Performance, Dividend Growth, and Strategic Outlook
MPLX LP (MPLX) navigates market volatility with a strong dividend yield and strategic ONEOK joint venture. Analysis of financial performance, dividend sustainability, and future outlook.
MPLX LP: Growth, Dividends, and the ONEOK Joint Venture
MPLX LP navigates the dynamic energy landscape with growth initiatives and a strong dividend yield, bolstered by the ONEOK joint venture. A comprehensive analysis follows.
MPLX LP: Q4 Earnings, BANGL Acquisition & Future Growth Analysis
MPLX LP expands its NGL infrastructure with the BANGL acquisition and a ONEOK joint venture, maintaining strong financials and dividends. Investors should monitor commodity risks.
MPLX LP: Strategic Growth, Dividend Yield, and the Path Forward in the Midstream Sector
MPLX LP is strategically expanding in midstream energy, driven by the BANGL acquisition and strong dividends, while navigating the energy transition.
MPLX Stock Analysis: Debt, Dividends, and Midstream Sector
A deep dive into MPLX LP's $2B notes, BANGL acquisition, dividend strategy, and competitive landscape. Understand MPLX's financial health and future growth.
MPLX LP: Distribution Growth, Debt Strategy, and the BANGL Pipeline
MPLX LP's strategic shifts, including the BANGL pipeline acquisition and debt management, position it as a key player in the oil and gas midstream sector.
MPLX LP: Analyzing Growth and Strategy in Midstream Sector
MPLX LP is navigating growth in the oil & gas midstream sector through strategic NGL investments and strong financial performance. A detailed analysis.
MPLX Financial Analysis: Dividend Yield, ROE, and Market Outlook
MPLX LP's strategic focus on natural gas & NGLs, distribution increases, & BANGL acquisition drive growth. A financial deep dive for investors.
MPLX (MPLX): Analyzing Growth, Resilience, and Investment Potential
MPLX LP demonstrates resilience with strategic acquisitions and capital investments in natural gas and NGL projects, positioning it for growth and investor returns.
MPLX LP: Strong Financials and Strategic Growth Drive Performance
Explore MPLX LP's recent financial performance, strategic acquisitions, robust dividend policy, and positioning within the midstream energy sector.
MPLX LP: Strategic Growth, Pipeline Expansion, and Dividend Stability
MPLX LP advances strategic position with Permian Basin expansions, robust cash flow, and sustained dividend, navigating evolving energy demand and regulations.
MPLX LP Midstream Growth and Dividend Analysis | Strategic Infrastructure Expansion
Explore MPLX LP's latest growth through strategic NGL infrastructure expansion, strong Marathon partnership, and a resilient high dividend yield backed by robust cash flows.
MPLX LP Growth Catalysts and Dividend Strength in Midstream Energy | Monexa AI Analysis
Explore MPLX LP's strategic acquisitions, infrastructure expansion, and robust dividend yield driving midstream growth and investor value in 2025.
MPLX Financial Analysis: Earnings, Dividends, and Strategy
Deep dive into MPLX LP's latest financial results, strategic moves, dividend sustainability, and market position ahead of Q2 2025 earnings.
MPLX LP Financial Update: Strategic Growth and Dividend Stability in Midstream Energy
MPLX LP shows robust financial growth and dividend stability, leveraging strategic NGL infrastructure investments to strengthen its midstream energy leadership.
MPLX LP Strategic Acquisition of Northwind Midstream Enhances Permian Basin Growth and Dividend Sustainability
MPLX LP's $2.375B acquisition of Northwind Midstream expands sour gas capacity in the Permian, boosting cash flow and supporting its >7% dividend yield.
MPLX LP Northwind Acquisition Strengthens Permian Growth and Dividend Sustainability
MPLX LP advances Permian Basin expansion with $2.375B Northwind acquisition, balancing Q2 operational challenges and sustaining dividend growth amid strategic infrastructure investments.
MPLX LP Acquisition Financing and Dividend Sustainability: In-Depth Financial Analysis
MPLX LP's $4.5B debt-fueled acquisitions reshape its Permian footprint amid operational challenges and sustained dividend focus.
MPLX LP: Permian Push, $2.4B Northwind Buy, and What the Numbers Reveal
MPLX’s $2.375B Northwind deal, a ~22% economic stake in Eiger Express and a $4.5B notes sale reshape cash flow and leverage—here’s the financial read.
MPLX LP: Free Cash Flow Strength vs. Leverage — Dividend & Capital Allocation
MPLX generated **$4.89B FCF** in FY2024, covered **$3.6B** of dividends and repurchased stock while net debt held near **$19.9B** — creating a trade-off between yield and balance-sheet flexibility.
MPLX LP: Cash Flow Power, Elevated Yield, and a Permian-Focused Rebalancing
MPLX reported **$4.89B free cash flow (FY2024)**, **net debt/EBITDA ≈ 3.02x**, and sustains a **~7.58% dividend yield** while executing Permian M&A and asset sales to rebalance the portfolio.
MPLX LP: Permian Pivot, Big Notes and What the New Leverage Profile Means
MPLX’s $2.375B Northwind buy, $4.5B notes and $1B Rockies sale reshape leverage: pro‑forma net debt could rise to **$23.4–24.4B**, with coverage reliant on DCF accretion.