MPLX Stock Recent News

FINDLAY, Ohio , Jan. 22, 2025 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the fourth quarter of 2024, or $3.826 on an annualized basis. The distribution will be paid on Feb. 14, 2025, to common unitholders of record as of Feb. 3, 2025.

MPLX LP is poised to benefit from increased drilling and deregulation under Former President Trump's administration, enhancing its growth initiatives and takeaway capacity. MPLX's strong financial position, consistent cash flow, and increasing distributions make it an attractive investment with a current yield of 7.48%. Despite potential risks like commodity price fluctuations and regulatory challenges, MPLX's expanding projects and reduced interest expenses bolster my bullish outlook.

MPLX is entering a golden era where midstream energy plays have reasserted their sector leadership. MPLX is well-positioned with its strategic partnership with MPC, and diversification across to the energy infra value chain. MPLX's steady cash flow growth and predictable distribution increases make it a standout performer and income generator for investors.

MPLX has arguably the most complete package of all income investments. We discuss why MPLX is such a great high-yield, high-growth investment. We also discuss the risks facing MPLX right now.

Pipeline companies tend to be excellent investments for those seeking passive income. They generate very stable revenue backed by long-term contracts and government-regulated rate structures.

The Fed recently gave dividend investors a huge gift. We discuss what this gift is. We also share some of our top picks of the moment to take advantage of this gift.

The market is facing challenges with sticky inflation and elevated valuations, necessitating a focus on high-quality, high-yielding dividend stocks to outperform. Rising long-term rates and a high term premium are pressuring markets, making bonds more attractive and demanding more from dividend stocks. America's energy sector, particularly midstream pipeline companies, is crucial for economic growth, offering significant investment opportunities due to increasing demand for natural gas infrastructure.

Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million.

In the latest trading session, MPLX LP (MPLX) closed at $48.52, marking no change from the previous day.

The Federal Reserve's 25 basis points rate cut at the end of October 2024 took interest rates below 5% for the first time since March 2023, and another rate a few weeks ago puts it as 4.5% as of writing.