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 ...

Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...

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 ...

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 ...

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 ...

Bluestone, part of Marathon Petroleum's midstream segment, MPLX, surpassed the requirement of lowering its energy intensity by 10% within a five-year period. This feat allowed Bluestone to host an ...

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 ...