Analysts have recently evaluated MPLX and provided 12-month price targets. The average target is $55.29, accompanied by a ...
Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...
Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
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MPLX Acquires Utica Shale Assets From Summit Midstream PartnersMPLX LP MPLX has agreed to purchase the Utica shale assets from Summit Midstream Partners for $625 million in cash. The strategic acquisition includes nearly 36% of Summit Midstream Utica's stake ...
Q4 2024 Earnings Call Transcript February 4, 2025 MPLX LP beats earnings expectations. Reported EPS is $1.07, expectations ...
As a major midstream energy player, MPLX's business is largely insulated against oil and gas price volatility. Shippers typically commit to long-term contracts for midstream assets, minimizing ...
G&P volumes were significantly improved by the acquired assets in the Utica Basin, resulting in a 42.55% increase in volumes in the basin. For eq4’24, I’m forecasting MPLX to report $3b in net ...
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