Raymond James raised the firm’s price target on MPLX (MPLX) to $60 from $55 and keeps an Outperform rating on the shares. Both of MPLX’s ...

Wells Fargo raised the firm’s price target on MPLX (MPLX) to $59 from $54 to reflect a higher long-term EBITDA and distribution growth ...

By Newsbase Midstream players ONEOK and MPLX announced this week that they had agreed to build a new 400,000 barrel per day (bpd) liquefied petroleum gas (LPG) export terminal in Texas City, on the ...

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We can also see that MPLX currently has a PEG ratio of 2.33. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth ...

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North Sea producers have said a UK windfall tax on the industry introduced following the spike in energy prices in 2022 could deter investment in the aging oil and gas basin. Some companies have sold ...

New Era Helium and Sharon AI have finalized the formation of a 50/50 joint venture to fund, develop, and construct a 250MW natural gas-powered data center in the Permian Basin, West Texas, US. The ...

This will build on MPLX's status as the largest processor of natural gas and fractionator of NGLs in the Northeast. In the Permian, the Preakness II processing plant began operations in July.