NYSE:MPLX - New York Stock Exchange, Inc. - US55336V1008
MPLX LP
NYSE:MPLX (1/22/2025, 2:40:51 PM)
52.43
-0.21 (-0.4%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 36.34% | ||
ROA | 11.17% | ||
ROE | 31.75% | ||
Debt/Equity | 1.44 |
/PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for...
Pipeline companies tend to be excellent investments for those seeking passive income. The sector experienced a resurgence last year as an expected uptick in natural gas demand sent most pipeline stocks soaring. While that rally compressed dividend yields across the industry, many pipeline operators still offer attractive yields compared to the broader market.
MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. The company is headquartered in Findlay, Ohio and currently employs 5,810 full-time employees. The company went IPO on 2012-10-26. The Company’s segments include Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. The L&S segment also includes the operation of its refining logistics, fuel distribution and inland marine businesses, terminals, rail facilities and storage caverns. The G&P segment provides gathering, processing and transportation of natural gas, as well as the transportation, fractionation, storage and marketing of natural gas liquids (NGLs). Its assets include a network of crude oil and refined product pipelines; an inland marine business; light-product, asphalt, heavy oil and marine terminals; storage caverns, and others.
MPLX LP
200 E. Hardin Street
Findlay OHIO 45840 US
CEO: Michael J. Hennigan
Employees: 5810
Company Website: https://www.mplx.com/
Investor Relations: http://ir.mplx.com/CorporateProfile/sec-filings/default.aspx
Phone: 14194222121
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
ENB | ENBRIDGE INC | 24.18 | 97.98B | ||
EPD | ENTERPRISE PRODUCTS PARTNERS | 12.74 | 73.72B | ||
WMB | WILLIAMS COS INC | 31.52 | 73.00B | ||
ET | ENERGY TRANSFER LP | 17.58 | 72.21B | ||
KMI | KINDER MORGAN INC | 27.92 | 68.85B | ||
OKE | ONEOK INC | 22.43 | 62.64B | ||
LNG | CHENIERE ENERGY INC | 14.96 | 52.88B | ||
TRP | TC ENERGY CORP | 15.04 | 49.34B | ||
TRGP | TARGA RESOURCES CORP | 38.57 | 46.68B | ||
CQP | CHENIERE ENERGY PARTNERS LP | 13.25 | 29.69B | ||
PBA | PEMBINA PIPELINE CORP | 16.42 | 21.73B | ||
WES | WESTERN MIDSTREAM PARTNERS L | 10.89 | 16.24B |