MPLX

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Gathering and Processing segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.

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Earnings data Q4 2024

MPLX reports strong 2022 performance, eyes growth amid challenges

MPLX's strong financial performance in 2022, supported by robust EBITDA and distribution growth, reflects operational excellence and strategic investments.
While facing challenges such as weather impacts and potential industry slowdowns, MPLX's focus on efficiency, partnerships, and capital discipline positions it for sustainable growth.
Opportunities in low carbon expansion, Permian portfolio expansion, and asset synergies offer avenues for continued growth and market leadership for MPLX.
Overall, MPLX's performance, strengths, challenges, and opportunities underscore a resilient and forward-looking approach to value creation and stakeholder returns.

MPLX reports solid Q1 earnings, eyes growth in low-carbon ventures

MPLX's Q1 2023 earnings call highlighted strong financial performance, a focus on growth projects in key regions, and participation in low-carbon initiatives. The company's disciplined approach to capital management and debt reduction efforts are notable. Challenges related to inflation adders and FERC regulations require careful monitoring and strategic planning.

MPLX reports strong Q2 earnings, focuses on sustainable growth

MPLX's Q2 performance reflects resilience with solid financial metrics and a focus on capital returns.
The company's strategic strengths lie in advancing value chain strategies, ESG commitments, and sustainable energy initiatives.
Challenges include pricing pressures and the need for careful capital allocation amidst growth opportunities.
Opportunities exist in growth projects, potential M&A, and leveraging ESG efforts for long-term success.

MPLX reports record Q3 results, eyes growth in emerging sectors

MPLX's Q3 performance reflects robust financial health and operational excellence, driven by record EBITDA and cash flow.
While facing debt maturity and regulatory risks, the company's strategic strengths and growth initiatives position it for long-term success.
Opportunities in emerging energy sectors and operational optimization present avenues for sustained growth and profitability.
Prudent financial management and strategic investments will be key in navigating challenges and capitalizing on future prospects.

MPLX reports robust Q4 earnings, poised for sustained growth

MPLX's Q4 2023 performance reflects strong operational and financial achievements, driven by record throughput and solid EBITDA growth. The company's strategic focus on organic growth, efficiency, and capital deployment underscores its commitment to sustained performance and value creation.

MPLX reports strong Q1 earnings, eyes global oil demand growth

MPLX's Q1 2024 performance reflects solid financial growth, operational advancements, and strategic positioning for future success. Despite short-term challenges, the company's focus on disciplined growth, capital optimization, and increasing distributions underscores a positive outlook for investors.

MPLX reports solid Q2 performance, eyes growth in energy sectors

MPLX's Q2 2024 performance reflects strong financials, operational efficiency, and strategic investments for future growth.
While maintaining financial stability and returning value to shareholders, the company faces challenges in operational management and market dynamics.
Strategic focus on growth opportunities in key energy value chains presents MPLX with avenues for sustained growth and market leadership.

MPLX reports record Q3 earnings, eyes growth in natural gas

MPLX delivered strong financial performance with record adjusted EBITDA and distributable cash flow in Q3. The company showcased operational excellence and strategic growth advancements through acquisitions and organic opportunities. Challenges lie in balancing distribution growth with capital allocation, but opportunities for future growth are promising.

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Favorable average tariff rates aid MPLX LP's (MPLX) Q1 earnings.

MPLX LP (MPLX) Gains 2.7% Since Q1 Earnings Beat Estimates

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MPLX LP (MPLX) CEO Mike Hennigan on Q1 2021 Results - Earnings Call Transcript

FINDLAY, Ohio, May 4, 2021 /PRNewswire/ -- Reported net income attributable to MPLX of $739 million and adjusted EBITDA attributable to MPLX of $1.4 billion Generated $1.1 billion in net cash provided by operating activities and continued progress on reductions in capital spending and operating expenses Returned over $900 million in capital to unitholders through distributions and unit repurchases MPLX LP (NYSE: MPLX) today reported first-quarter 2021 net income attributable to MPLX of $739 million, compared to a net loss attributable to MPLX of $2.7 billion for the first quarter of 2020. The results for the first quarter of 2020 include non-cash impairment charges of $3.4 billion.

MPLX LP Reports First-Quarter 2021 Financial Results

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MMP and MPLX are among the few MLPs that have managed to generate positive total returns over time while never cutting their distribution. Both have strong investment grade balance sheets and sky-high yields in an era where interest rates are at historic lows.

Magellan Midstream Partners Or MPLX: Which Is A Better Buy?

We recently shared our thoughts on the energy sector in the market, why its stocks likely have more fuel in the tank, and our top pick amongst them. We believe that MPLX makes for the best stock amongst our five energy holdings with the highest reward based on our price targets.

MPLX: Our Top Energy Pick For The Rest Of 2021

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MPLX yields 10.7% with 1.46X distribution coverage in 2020. It received 2 analyst upgrades to Buy/Outperform.

10% Yield, Analyst Upgrades: MPLX LP

It you're looking for a reliable dividend-paying name in the energy sector, you could do worse than checking out MPLX stock. The post MPLX LP: A Top-Notch MLP With a Secure 11% Yield appeared first on InvestorPlace.

MPLX LP: A Top-Notch MLP With a Secure 11% Yield

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MPLX (NYSE: MPLX) shares have been moving in an uptrend last several months, and according to technical analysis, a positive trend remains intact. The dividend yield is 10.7% at the current share price, and the shares of this company remain attractive for long-term-oriented investors.

Is April a good month for buying MPLX shares?

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FINDLAY, Ohio, March 22, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2020 investor tax packages are now available on its website, https://www.mplx.com. Investors may select the Tax Reporting Package link under the Investors tab, or use the following link: https://www.mplx.com/Investors/Tax_Reporting_Package/.

MPLX LP 2020 K-1 tax packages now available on company website

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MPLX continues to use its impressive cash flow to sport a double-digit dividend yield, while investing in growth. The company has a significant amount of debt that it'll need to partially roll over, but it can partially pay it down.

MPLX Continues To Sport An Impressive Double-Digit Yield

FINDLAY, Ohio, March 18, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will host a conference call with analysts on Tuesday, May 4, 2021, at 9:30 a.m. EDT to discuss 2021 first-quarter financial results, which will be released earlier that day, and to provide an update on company operations.

MPLX LP to Announce 2021 First-Quarter Financial Results May 4

Let's see if MPLX (MPLX) stock is a good choice for value-oriented investors right now from multiple angles.

Is MPLX (MPLX) a Worthy Stock for Value Investors Now?

MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?

MPLX LP (MPLX) Up 3.6% Since Last Earnings Report: Can It Continue?

FINDLAY, Ohio, Feb. 26, 2021 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 2020. The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the...

MPLX LP files 2020 Form 10-K

The major customer of MPLX is Marathon Petroleum Corporation (the refiner). There is substantial idle capacity that can be used when natural gas industry accelerates from current levels.

MPLX Should Benefit From The Natural Gas Rally

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Times certainly have changed in 2021 versus 2020 for the midstream industry with talk of unit buybacks versus distribution reductions one-year prior, such as MPLX. This sounds like an exciting change, but realistically, these unit buybacks will barely move the needle at only 1% to 2% of their market capitalization.

MPLX: Buybacks Will Barely Move The Needle, But There's Reason To Hope For More Later

MPLX is generating more than enough cash to cover its big-time payout and expansion program.

This 11.4%-Yielding Dividend Looks Rock-Solid in 2021

News for MPLX Stock (MPLX)