MPLX LP

NYSE: MPLX
$44.74
+$0.97 (+2.2%)
Closing Price on October 29, 2024

MPLX Stock Chart and Intraday Price

MPLX Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry PIPE LINES (NO NATURAL GAS)
Address 200 E. HARDIN STREET, FINDLAY, OH, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 39,047.58M USD
Shares Outstanding 1,001,220,000
MPLX LP is a key player in the energy sector, focusing on the midstream infrastructure and logistics in the United States. With a broad portfolio that includes the gathering, processing, and transportation of natural gas, as well as the handling of natural gas liquids, crude oil, and refined products, MPLX supports vital energy supply chains. It also operates in the inland marine business, moving products across the Mid-Continent and Gulf Coast regions. Founded in 2012 and based in Findlay, Ohio, MPLX is a subsidiary of Marathon Petroleum Corporation, underscoring its significant role in the energy industry.

MPLX Articles

24/7 Wall St. Insights High-yield dividend stocks will grow in popularity as interest rates dive. Dividend stocks are a perfect investment idea to generate passive income. Passive income is simple:...
24/7 Wall St. Insights Surging inflation numbers mean the next Federal Reserve move will be only 25 basis points. Energy master limited partnerships remain cheap. Sit back and let dividends do the...
Four Goldman Sachs stock picks pay big and dependable dividends and make sense for growth and income investors for the rest of the year and 2025.
24/7 Wall St. Insights Weaker demand in the United States and China and rising supply have hit oil pricing. Hedge funds and portfolio managers have their lowest bullish bets on oil since 2011. Sit...
These six quality stocks yield at least 8% and offer investors solid growth potential, making them passive income champions.
Films and books like There Will Be Blood, Oklahoma! and Syriana have often romanticized oil drilling and production. However, the refining, processing, storage, and transportation functions of the...
24/7 Wall Street insights Any government attempt to slow inflation does not prevent a rise in the price of goods and services, only the speed of that rise. Among the passive income options available...
24/7 Insights Recent reports have indicated hedge funds are the most underweighted to energy in years. Contrarian indicators like indicate it may be time to step in. Grab this hot new free report...
The artificial intelligence rally over the past year and a half, led by the so-called Magnificent 7 stocks, has been remarkable if you owned those stocks. However, most of the S&P 500 is treading...
24/7 Wall Street Insights Retirees and near retirees face particular risks from inflation, since many are on fixed incomes that have no COLA increase factor. Although retirees often cannot return to...
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital...
Here are seven dividend-paying stocks that can generate over $15,000 a year in passive income for an investment of $25,000 in each one.
On the cover of the Friday, April 12, 2024 edition of The Wall Street Journal, the headline read: “Cost of Owning a Home Soars”. The article cited one family whose home insurance costs had risen...
Herman Minsky was an American economist and a professor of economics at Washington University and Bard College. He was one of the first economists to successfully explain the gross inflation...
Investors love dividend stocks because they provide dependable income and a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions...