spooh Over the years, I have come to have a great deal of appreciation and respect for companies in the energy sector. This is especially true of those that are in the midstream energy infrastructure and logistics markets. In fact, one of my largest holdings at this time is one such firm, accounting for about 14% of my overall portfolio. But this article is not about that business. Rather, it's about one of the other players in the space known as MPLX LP (NYSE:MPLX). Back in early September of last year, th ...

FINDLAY, Ohio, March 21, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2023 investor tax packages are now available on its website, https://www.mplx.com. Investors may select the Taxation link under the Investors tab, or use the following link: https://www.taxpackagesupport.com/mplx Additionally, MPLX plans to mail tax packages beginning March 27, 2024. Questions regarding the Tax Reporting Package for the year ended Dec. 31, 2023, can be addressed by calling 1-800-232-0011 (t ...

FINDLAY, Ohio, March 19, 2024 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, April 30, 2024, at 9:30 a.m. EDT to discuss 2024 first-quarter financial results.Interested parties may listen to the conference call by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call an ...

This year has been a great one for dividend investors. Countless companies have already increased their payouts, with many hiking them by 10% or more. Several others will likely give their investors a big raise this year.Microsoft (MSFT -0.71%), Starbucks (SBUX 0.12%), and MPLX (MPLX -0.49%) appear poised to hike their payouts in 2024. Here's why that makes them appealing options for dividend growth investors.1. A dividend growth machineMicrosoft might not offer a big dividend yield (it's currently around 0 ...

A month has gone by since the last earnings report for MPLX LP (MPLX) . Shares have added about 0.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MPLX LP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. MPLX Q4 Earnings & Revenues Beat Miss EstimatesMPLX repor ...

FINDLAY, Ohio, Feb. 28, 2024 /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, 2023. The filing can be viewed through a link on MPLX's website at http://www.mplx.com by selecting the "SEC Filings" link under the "Investors" tab. Upon written request, unitholders may receive, free of charge, a hard copy of MPLX's Annual Report on Form 10-K (including complete audited financial statements). Requests shou ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to __________________ Commission file number 001-35714 MPLX LP (Exact name of registrant as specified in its charter) (State ...

PM Images/Stone via Getty Images Introduction By now, I doubt that it may come as a surprise to many readers when I say that I have started to like the midstream industry a lot in recent years. While the industry was total dead money before 2021 due to elevated capital spending and subdued income, it has grown into one of my favorite places to be for both income and growth. For example, Antero Midstream (AM) has become a top-3 position in my portfolio after I spent a lot of money building a position in the ...

PM Images MPLX LP (NYSE:MPLX) reported high-flying results for the 4th quarter. The amount of cash generated in that quarter (DCF) equaled "$1.4 billion [an] increase of 12% and 9% respectively from the prior year." Growth, for the year, equaled 9% and 7% with EBITDA and DCF respectively. Management wrote: Our results reflect the continued growth of the partnership and its cash flows in our L&S segment, strong operational performance and customer demand drove record pipeline throughput, and strong growth in ...

spoohLast April, I placed a “Buy” rating on MPLX (NYSE:MPLX) saying it was deserving of a position in the portfolios of income-oriented investors. The stock has generated a return of about 25% since then, slightly outpacing the S&P 500. More recently in August I wrote I expected the company to meaningfully increase its distribution, which it did. With the company reporting its Q4 results at the end of January, let's catch up on the name. Company Profile As a quick reminder, MPLX is a midstream company t ...