MPLX Stock Recent News

Dividend stocks can be terrific investments. The best ones provide investors with passive income and upside potential.

Bill Gross knows a thing or two about yield-focused investments. He co-founded PIMCO, where he became a legendary bond investor.

Market volatility and uncertain inflation outlook have not hindered the market from going up. This has also applied for MLPs/midstream players, which have benefited from Trump's pro-conventional energy rhetoric. Yet, income-focused investors face mixed feelings as future earnings prospects improve but current income streams from MLPs become less tangible.

MPLX reported stellar growth in 2024, with EBITDA increasing by 8% year-over-year and a 12.5% distribution increase, signaling strong future cash flows. Management commits to mid-single-digit EBITDA growth, with a $2 billion capital plan for 2025, focusing on NGL wellhead to water chain strategy. Risks include potential impacts on natural gas prices post-Ukraine war, which could affect MPLX's growth opportunities and U.S. NG production.

MPLX Q4 earnings gain on increased rates and higher pipeline throughputs.

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MPLX (MPLX 2.37%) continues to provide investors with the best of both worlds. The master limited partnership (MLP) offers investors a very lucrative cash distribution (currently yielding over 7%).

MPLX LP Common Units (NYSE:MPLX ) Q4 2024 Earnings Call Transcript February 4, 2025 9:30 AM ET Company Participants Kristina Kazarian - Vice President Finance and Investor Relations Maryann Mannen - President and Chief Executive Officer Kristopher Hagedorn - Executive Vice President and Chief Financial Officer Gregory Floerke - Executive Vice President and Chief Operating Officer David Heppner - Senior Vice President Shawn Lyon - Senior Vice President Logistics and Storage Conference Call Participants John Mackay - Goldman Sachs Manav Gupta - UBS Jeremy Tonet - J.P. Morgan Theresa Chen - Barclays Keith Stanley - Wolfe Research Michael Bloom - Wells Fargo Neal Dingmann - Truist Securities Neel Mitra - Bank of America Operator Welcome to the MPLX Fourth Quarter 2024 Earnings Call.

The headline numbers for MPLX LP (MPLX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Pipeline operator ONEOK and midstream company MPLX LP entered into a joint venture on Tuesday to construct a 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas at a total investment of $1.4 billion.