MPLX Stock Recent News

In the closing of the recent trading day, MPLX LP (MPLX) stood at $54.35, denoting a -0.18% change from the preceding trading day.

Midstream players secure additional cashflows from their huge backlog of growth projects, which brightens the outlook for the Zacks Oil and Gas - Production and Pipelines industry. Some of the frontrunners in the industry are ENB, KMI, WMB & MPLX.

FINDLAY, Ohio , March 17, 2025 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2024 investor tax packages are now available on its website, www.mplx.com. Investors may select the "Investor Data" link under the Investors tab, or use the following link: https://www.taxpackagesupport.com/mplx Additionally, MPLX plans to mail tax packages beginning March 21, 2025.

MPLX, formed by Marathon Petroleum, has grown into a major midstream player with strong profitability metrics and a significant presence in natural gas, NGLs, and crude oil. The company's "NGL wellhead to water strategy" aims to integrate its NGL system, requiring $2.5B in CapEx with mid-teens returns. Despite high valuation metrics, MPLX excels in profitability, boasting top-tier gross, EBITDA, and net margins, and a 6.8% distribution yield.

In the closing of the recent trading day, MPLX LP (MPLX) stood at $52.38, denoting a -1.36% change from the preceding trading day.

12.5%+ Distribution Growth: Why MPLX can keep this pace for years. How MPLX is positioned for huge tailwinds. Why cash flow security is stronger than ever.

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.

MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock?

Market volatility presents opportunities. Energy Transfer and Starwood Property Trust offer 7% to 9% yields, providing diversification and high income. ET benefits from fee-based cash flows, strong growth in natural gas exports, and strategic projects. It has a well-covered 7% yield and is undervalued compared to peers. STWD offers a 9.7% yield, supported by a diverse portfolio, strong balance sheet, and growth in residential and infrastructure lending.

In the most recent trading session, MPLX LP (MPLX) closed at $53.04, indicating a -0.06% shift from the previous trading day.