High dividend yields often mean a company's in trouble. Not this one.Dividend yields of under 3% are everywhere. Stocks yielding 5% or more are a bit tougher to find, but there are still hundreds to choose from. However, when a stock sports a yield of above 7%, you have to wonder if it's too good to be true.Well, at its current share price, master limited partnership (MLP) MPLX (MPLX 2.05%) offers a juicy 7.6% yield. That sounds like a pretty compelling opportunity for an income investor, but is the stock w ...

Accessibility StatementSkip Navigation FINDLAY, Ohio, Sept. 11, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com. Investors may select the Investor Data link under the Investors tab or use the following link: https://www.taxpackagesupport.com/mplxlp. A limited number of investors (primarily foreign unitholders, unitholders computing a fore ...

Accessibility StatementSkip Navigation FINDLAY, Ohio, Sept. 9, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX)Â will host a conference call on Tuesday, November 4, 2025, at 9:30 a.m. EST to discuss 2025 third-quarter financial results. MPLX LP Closes Northwind Midstream Acquisition MPLX LP (NYSE: MPLX) has completed the $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), which provides sour gas... Investor Relations Contacts: (419) 421-2071Kristina Kazarian, Vice President Finance ...

Core Viewpoint - Kayne Anderson Energy Infrastructure Fund, Inc. reported its financial position as of August 31, 2025, highlighting a strong net asset value and significant asset coverage ratios under the Investment Company Act of 1940 [1][2]. Financial Summary - The Company's net assets totaled $2.3 billion, with a net asset value per share of $13.82 as of August 31, 2025 [2]. - Total assets amounted to $3,234.7 million, which included investments of $3,223.1 million and cash and cash equivalents of $8.9 million [3]. - The asset coverage ratio for senior securities representing indebtedness was 723%, while the total leverage coverage ratio was 522% [2]. Liabilities Overview - Total liabilities were reported at $347.1 million, which included a credit facility of $50 million, notes of $350 million, and a deferred tax liability of $294.2 million [3]. Investment Composition - The Company had 169,126,038 common shares outstanding and invested primarily in Midstream Energy Companies (94%), with smaller allocations to Power Infrastructure (3%) and Other (3%) [5]. - The ten largest holdings included significant investments in companies such as The Williams Companies, Inc. ($344 million), Enterprise Products Partners L.P. ($327.1 million), and Energy Transfer LP ($323.8 million) [5]. Investment Objective - The Company aims to provide a high after-tax total return with a focus on cash distributions to stockholders, investing at least 80% of its total assets in securities of Energy Infrastructure Companies [7].

FINDLAY, Ohio, Sept. 2, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) has completed the $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), which provides sour gas gathering, treating, and processing services in Lea County, New Mexico, enhancing its Permian natural gas and NGL value chains. The acquisition is expected to be immediately accretive to distributable cash flow, and inclusive of estimated incremental capital of $500 million, represents a 7x multiple on forecast 2027 E ...

Core Viewpoint - MPLX LP has announced the sale of its Rockies gathering and processing assets for $1 billion in cash to Harvest Midstream, allowing MPLX to focus on its core business areas in the Marcellus and Permian basins [1][4][8] Asset Details - The transaction includes MPLX's natural gas gathering and processing infrastructure in the Uinta and Green River basins, consisting of gathering and transportation pipelines, and a processing capacity of 1.2 billion cubic feet per day [2][8] - The assets were utilized at 52% capacity in 2024, indicating potential for increased throughput and supporting future natural gas production growth in these basins [2] Specific Asset Information - Uinta Basin assets include gas-gathering pipelines spanning 700 miles and approximately 345 million cubic feet per day of active gas processing capacity, currently under expansion [3] - Green River Basin assets consist of gathering and transportation pipelines spanning 800 miles, with 500 million cubic feet per day of active gas processing capacity at the Blacks Fork and Vermilion facilities, along with an additional fractionation capacity of 10 thousand barrels per day [3] Strategic Implications - By divesting these non-core assets, MPLX aims to enhance its portfolio and position itself for sustainable growth, with the deal expected to conclude in the fourth quarter of 2025 [4] - For Harvest Midstream, the acquisition aligns with its strategy to build a reliable midstream network and diversify operations beyond Alaska and North Dakota [4]

Core Viewpoint - Harvest Midstream has signed a purchase and sale agreement with MPLX LP to acquire a natural gas gathering and processing network for $1 billion, marking a significant step in its growth strategy [1][2]. Company Overview - Harvest Midstream is a Houston-based privately held midstream service provider focused on gathering, storage, transportation, treatment, and terminalling of crude oil and natural gas [3]. - The company has been expanding its national footprint through strategic acquisitions, enhancing its position as a critical infrastructure partner across multiple U.S. basins [3]. Acquisition Details - The acquisition includes assets in the Uinta and Green River basins across Wyoming, Utah, and Colorado, which will significantly expand Harvest's geographic reach [1][2]. - Uinta Basin assets consist of approximately 700 miles of gas gathering pipelines and 345 million cubic feet per day of active gas processing capacity [2]. - Green River Basin assets include around 800 miles of gas gathering and transportation pipelines and 500 million cubic feet per day of active gas processing capacity, along with 10,000 barrels per day of fractionator capacity [2]. Strategic Vision - The CEO of Harvest Midstream emphasized that this acquisition is part of a long-term vision to build a resilient midstream network to support America's energy needs [2]. - Following the acquisition, Harvest will assume full operational control and aims to deliver uninterrupted service while advancing its goal of creating a best-in-class, diversified midstream enterprise [3].

FINDLAY, Ohio, Aug. 27, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has entered into a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1.0 billion in cash consideration, subject to customary purchase price adjustments. Harvest has contractually agreed to dedicate approximately 12 thousand barrels per day of NGLs from these assets to MPLX for a period of seven years commencing in 2028, following the expiration of a pre-exis ...

Core Viewpoint - The Eiger Express Pipeline project, a joint venture involving ONEOK, Enbridge, MPLX, and WhiteWater, is set to enhance the growth potential of these high-yielding dividend stocks by transporting natural gas from the Permian Basin to the Gulf Coast, with completion expected by mid-2028 [1][2][4]. Group 1: Eiger Express Pipeline Overview - The Eiger Express Pipeline will transport up to 2.5 million cubic feet per day of natural gas, enabling producers in the Permian Basin to access higher-value markets along the Gulf Coast [4]. - The pipeline will support growing demand from gas-fired power plants and LNG export terminals, receiving gas from various processing facilities in the Permian Basin [4]. Group 2: Financial Structure and Ownership - Firm transportation contracts with terms of 10 years or more will provide stable income for the pipeline's owners upon its commercial service launch in mid-2028 [5]. - The Matterhorn JV, which owns 70% of the Eiger Express Pipeline, includes WhiteWater (65%), ONEOK (15%), MPLX (10%), and Enbridge (10%) [5]. Group 3: Growth Prospects for ONEOK - ONEOK will hold a 25.5% interest in the Eiger Express Pipeline, positioning it as the largest beneficiary among publicly traded pipeline companies [6]. - The company is also involved in other significant projects, including a JV with MPLX for the Texas City Logistics LPG export terminal and associated MBTC pipeline, with an investment of approximately $1 billion [6]. Group 4: MPLX's Growth Strategy - MPLX will have a 15% direct interest in the Eiger Express Pipeline, enhancing its long-term growth outlook alongside several expansion projects in its backlog [9]. - The company aims for mid-single-digit annual earnings growth, supporting distribution growth at or above this level, with a historical increase in payouts exceeding 10% annually since 2021 [10]. Group 5: Enbridge's Expansion Plans - Enbridge will have a 10% interest in the Matterhorn JV, but it has a substantial expansion project backlog exceeding 32 billion Canadian dollars ($23 billion) [11]. - The company anticipates 3% compound annual cash flow per-share growth through 2026, increasing to around 5% annually thereafter, supporting dividend growth of up to 5% per year [12]. Group 6: Investment Outlook - The Eiger Express Pipeline adds a significant growth driver for ONEOK, MPLX, and Enbridge, enhancing their ability to grow high-yielding dividends, making them attractive long-term investment options for passive income [13].

Group 1 - The article discusses a comparison between Realty Income and Essential Properties, highlighting that head-to-head comparisons are popular among readers [1] - The author emphasizes the importance of in-depth research on various income alternatives, including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1] Group 2 - The article does not provide specific investment recommendations or advice, indicating that past performance is not a guarantee of future results [2] - It clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, and the analysts involved may not be licensed or certified [2]