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MPLX Might Become The Best Compounder Among MLPs
Seeking Alpha· 2025-03-16 05:06
Group 1 - MPLX was formed by Marathon Petroleum in 2012 to manage midstream assets as a Master Limited Partnership, generating strong cash flows and tax advantages [1] - The focus is on analyzing undervalued and disliked companies or industries with strong fundamentals and good cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - Energy Transfer is highlighted as a company that was previously overlooked but has shown potential for substantial returns [1] Group 2 - The analyst expresses a preference for long-term value investing while also engaging in deal arbitrage opportunities [1] - There is a clear aversion to investing in high-tech businesses or certain consumer goods that are not well understood, as well as cryptocurrencies [1] - The aim is to connect with like-minded investors through Seeking Alpha to share insights and build a collaborative community focused on informed decision-making [1]
Here's Why MPLX LP (MPLX) Fell More Than Broader Market
ZACKS· 2025-03-13 23:05
In the latest trading session, MPLX LP (MPLX) closed at $52.38, marking a -1.36% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.91%. On the other hand, the Dow registered a loss of 1.5%, and the technology-centric Nasdaq decreased by 1.96%.Prior to today's trading, shares of the company had gained 0.87% over the past month. This has outpaced the Oils-Energy sector's loss of 4.23% and the S&P 500's loss of 7.38% in that time.Market participants will be closely fo ...
MPLX: High-Yield Distribution Growth Powerhouse Fueled By Excellent Capital Allocation
Seeking Alpha· 2025-03-13 21:00
Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...
MPLX LP to Report First-Quarter Results on May 6, 2025
Prnewswire· 2025-03-10 22:15
FINDLAY, Ohio, March 10, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) will host a conference call on Tuesday, May 6, 2025, at 9:30 a.m. EDT to discuss 2025 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 and ...
Why Is MPLX LP (MPLX) Down 1.5% Since Last Earnings Report?
ZACKS· 2025-03-06 17:35
It has been about a month since the last earnings report for MPLX LP (MPLX) . Shares have lost about 1.5% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is MPLX LP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. MPLX Q4 Earnings Beat on Higher ThroughputMPLX reporte ...
MPLX LP (MPLX) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-03-06 00:00
The most recent trading session ended with MPLX LP (MPLX) standing at $53.04, reflecting a -0.06% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.12%. Meanwhile, the Dow gained 1.14%, and the Nasdaq, a tech-heavy index, added 1.46%.Heading into today, shares of the company had gained 0.84% over the past month, outpacing the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13% in that time.The investment community will be closely monitoring the per ...
MPLX LP prices $2.0 billion senior notes offering
Prnewswire· 2025-03-03 22:23
Core Points - MPLX LP has priced $2.0 billion in unsecured senior notes, consisting of $1.0 billion of 5.400% senior notes due 2035 and $1.0 billion of 5.950% senior notes due 2055 [1] - The net proceeds will be used to repay outstanding senior notes and for general partnership purposes [2] - The offering is expected to close on March 10, 2025, subject to customary conditions [3] Company Overview - MPLX LP is a diversified, large-cap master limited partnership that operates midstream energy infrastructure and logistics assets, providing fuels distribution services [5] - The company's assets include a network of crude oil and refined product pipelines, storage facilities, and processing plants in key U.S. supply basins [5]
MPLX to Fully Acquire BANGL Pipeline, Boost Permian Basin NGL Capacity
ZACKS· 2025-03-03 15:41
MPLX LP (MPLX) has announced the acquisition of the remaining interest in BANGL LLC from the affiliates of WhiteWater and Diamondback Energy. The deal involves acquiring the remaining 55% interest in BANGL, following which MPLX will take complete ownership of the NGL pipeline. The deal has been valued at $715 million.The NGL pipeline has a transportation capacity of 250,000 barrels per day (bbl/d), bringing the Permian production from West Texas to the Gulf Coast facilities. Currently, the capacity of the B ...
This 7.3%-Yielding Dividend Stock Is Making a $715 Million Acquisition to Add More Fuel to Its High-Octane Income Growth Engine
The Motley Fool· 2025-03-02 08:14
Core Viewpoint - MPLX is a high-yield income investment with a current distribution yield of 7.3% and a compound annual growth rate of over 10% since 2021, having increased its payout every year since going public in 2012 [1][11] Acquisition Details - MPLX has made a $715 million acquisition to buy the remaining 55% interest in the BANGL pipeline system, which currently transports 250,000 barrels of natural gas liquids (NGLs) per day from the Permian Basin to the Gulf Coast [2][3] - The company is expanding the pipeline's capacity to 300,000 barrels per day, expected to be completed in the second half of next year [3] Financial Capacity and Growth - The acquisition is expected to be immediately accretive to cash flow, supporting both near-term income growth and long-term expansion [6] - MPLX has a low leverage ratio of 3.1 times, well below the 4.0x range its cash flows can support, providing financial flexibility for further investments [8] Ongoing Projects - MPLX has a backlog of organic expansion projects, including natural gas processing plants and pipelines, which will enhance cash flows through the end of the decade [6][10] - Key projects include the Secretariat and Harmon Creek III natural gas processing plants, and the Blackcomb and Rio Bravo pipelines, all set to enter service between 2025 and 2029 [10] Investment Outlook - The company has demonstrated strong income growth through organic projects and acquisitions, making it an attractive option for investors seeking a lucrative income stream [11]
MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
Prnewswire· 2025-02-28 11:55
FINDLAY, Ohio, Feb. 28, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for $715 million. Additionally, upon achievement of specific financial performance metrics, MPLX would make earnout payments up to a specified cap. The transaction is immediately accretive and is expected to generate mid-teen returns for the partnership."With full ownership of BANGL and ...