MPLX is a master limited partnership (MLP) formed by refining giant Marathon Petroleum to own and operate midstream energy infrastructure and logistics assets. The MLP has two focus areas: crude oil and products logistics, and natural gas and natural gas liquids (NGL) services. The company's pipelines, processing plants, storage terminals, and export facilities generate fairly stable earnings, backed by government-regulated rate structures and long-term contracts with high-quality customers, such as Maratho ...

This MLP is an income-producing machine. MPLX (MPLX 0.75%) offers investors the best of both worlds. The master limited partnership (MLP) pays a high-yielding dividend (over 7%) and has a healthy growth profile. The company's growth drivers have helped fuel a steady rise in its distribution. The MLP has added a lot more fuel to its growth engine this year. The latest addition is its nearly $2.4 billion acquisition of Northwind Midstream. It further enhances the company's ability to increase its high-yieldin ...

Group 1 - Enterprise Products Partners (NYSE: EPD) is identified as a leading Master Limited Partnership (MLP) and considered a "best of breed" pick in its sector due to its extensive pipeline network and focus on transporting, processing, and storing [1] - The investment strategy employed by the company has resulted in a near 5-star rating on Tipranks.com and has garnered over 9,000 followers on Seeking Alpha, indicating a strong reputation among investors [1] - The analyst has disclosed a beneficial long position in EPD shares, indicating confidence in the company's performance and potential for growth [1]

This growing midstream company still has a bright future.Energy Transfer (ET -1.22%) is considered by many to be a reliable income investment. It's a midstream company that operates over 135,000 miles of pipeline across 44 states, and it charges upstream and downstream companies to use its infrastructure with its "toll road" business model.The business operations are well-insulated from volatile commodity prices. As long as its customers keep their crude oil, natural gas, liquefied natural gas (LNG), and ot ...

What does Energy Transfer do? Energy Transfer owns energy pipelines, storage, and transportation assets that help to move oil and natural gas from where they are produced to where they are used. The MLP largely charges fees for the use of this vital energy infrastructure, with about 90% of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) tied to fees. The business itself is fairly well diversified. Natural gas liquids and refined products account for 24% of EBITDA, midstream ...

Core Viewpoint - Energy Transfer LP reported earnings that met expectations, with earnings per share of 36 cents and revenue of $21.02 billion, although revenue was below analyst forecasts and lower year-over-year [1][2]. Financial Performance - Earnings per share exceeded analysts' forecasts by three cents and were 12.5% higher year-over-year [2]. - Revenue of $21.02 billion was 2.8% lower year-over-year and below the expected $22.28 billion [2]. Investment Structure - Energy Transfer operates as a Master Limited Partnership (MLP), allowing it to avoid corporate taxes by distributing much of its free cash flow to investors [3]. - Distributions are tax-deferred until shares are sold, providing a tax advantage for investors [4]. Historical Returns - Investors have seen a total return of over 240% in the last five years, although the stock remains below its all-time high set in 2015, with a total return of just 14% over the last decade [5]. Distribution Concerns - The company cut its distribution in half in 2020 but has since increased it at an average annualized rate of around 27% over the last three years [7]. - Other MLPs like Enbridge Inc. and Enterprise Product Partners L.P. offer attractive distributions and a longer history of dividend increases [8]. Stock Performance and Outlook - In 2025, ET stock's total return was -12.3%, influenced by declining oil prices and increased production from OPEC+ nations [9]. - Current stock price forecast is $22.09, indicating a potential upside of 27.62% based on 11 analyst ratings [10]. Future Projects - Energy Transfer has several major projects under construction, including the Lenorah II processing plant in the Permian Basin, expected to go online by the end of the current quarter [11].

Core Viewpoint - Energy Transfer (ET) is a midstream master limited partnership (MLP) offering a high yield of 7.8% supported by a growing distribution, but potential investors should consider its past distribution cut and management decisions before investing while the stock trades below $20 [1][4][9] Company Overview - Energy Transfer operates in the midstream sector, facilitating the transportation of oil and natural gas from production sites to consumption points, primarily earning fees for asset usage, which provides reliable cash flows even during downturns in the energy industry [1][3] - The company also serves as the general partner for two other publicly traded MLPs: Sunoco, which delivers gasoline, and USA Compression Partners, which offers compression services for pipelines, alongside overseeing liquefied natural gas projects [3] Distribution and Financial Performance - The quarterly distribution has been consistently increased since Q4 2021, indicating a positive trend in cash flow and distribution growth [1] - Despite the attractive yield, the company previously cut its distribution by 50% during the COVID-19 pandemic to reduce balance sheet leverage, raising concerns about income consistency for potential investors [5][6] Management and Trust Issues - The company faced scrutiny over its decision to back out of a significant acquisition of Williams in 2016, which raised questions about management's trustworthiness and decision-making, particularly as the former CEO, who was involved in the deal, is now the chairman of the board [7][8] Competitive Landscape - While Energy Transfer's high yield and reliable cash flows may appeal to some income investors, alternatives such as Enterprise Products Partners and Enbridge are suggested, which offer attractive yields of 7% and 5.8% respectively, along with a history of consistent annual distribution increases and no controversial acquisition history [9]

Enterprise Products Partners might be a better income play. Therefore, Enterprise and its peers are generally well-insulated from inflation and other macro headwinds. Moreover, the Trump Administration's promotion of domestic fossil fuels to reduce America's dependence on foreign fuel could generate strong tailwinds for Enterprise and its peers over the next few years. From 2024 to 2027, analysts expect UPS's revenue to grow at a compound annual growth rate (CAGR) of less than 1% as its EPS grows at a CAGR ...

What does Energy Transfer do? From a big picture perspective, Energy Transfer operates midstream businesses. The plural "businesses" is important here. It owns and operates midstream assets, like pipelines. It collects fees from the companies that use its services, which tends to provide reliable cash flows through the energy cycle. That's the core of Energy Transfer's business. However, in addition to its midstream activities, it also acts as the general partner to two other publicly traded master limited ...