NYSE:MPLXOil and Gas
Assessing MPLX (MPLX) Valuation After A 12.5% Distribution Hike And Long Term Growth Pipeline
Why MPLX’s latest distribution move matters
MPLX (MPLX) recently lifted its distribution payment by 12.5%, a move supported by long-term contracts, regulated rate structures, and a multiyear pipeline of organic projects scheduled through 2029.
See our latest analysis for MPLX.
The higher distribution comes as MPLX’s share price has also been firm, with a 90 day share price return of 9.32% and a 1 year total shareholder return of 15.75%. This suggests momentum has been building over both...