Despite that, I think MPLX’s position as a leading midstream player across the energy infra value chain is secure. With a well-covered distribution payout ratio (1.5x) and acceptable leverage (3 ...
ONEOK and MPLX are forming joint ventures to build a new 400,000-barrel per day (bpd) liquefied petroleum gas (LPG) export ...
Belvieu Alternative NGL pipeline partners WhiteWater Midstream, MPLX LP (45%), and Rattler Midstream LP, have sanctioned its expansion to 300,000 b/d from 250,000 b/d.
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 ...
Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
MPLX LP (NYSE:MPLX) reported fourth quarter earnings and revenue that surpassed analyst expectations, leading to a modest ...
Barclays raised the firm’s price target on MPLX (MPLX) to $52 from $49 and keeps an Overweight rating on the shares. The firm sees stable midstream earnings but says the company’s refining ...
MPLX has been investing $1b per year as part of its growth initiative. Management will be seeking additional acquisitions, like its $625mm acquisition of Summit Midstream in March 2024 for its ...
ONEOK, Inc. and MPLX LP have entered into definitive agreements to form joint ventures to construct a new large-scale 400 000 ...
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 ...