MPLX: Growing Capital Returns Supported by Quality Cash Flows
MPLX LP (MPLX) is one of the most prominent diversified MLPs in the midstream energy infrastructure space. The partnership''s main operations comprise operating logistics assets and providing fuel distribution services. Specifically, MPLX''s assets comprise a web of crude oil and refined product pipelines, an in-land marine business, storage caverns, refinery tanks, marine terminals, and natural gas and NGL processing facilities. Following the stock''s plummet in 2020 amid COVID-19''s effects on the energy sector, MPLX units have returned to their pre-pandemic levels as sentiment has been completely reversed.
MPLX: Growing Capital Returns Supported by Quality Cash Flows
MPLX LP (MPLX) is one of the most prominent diversified MLPs in the midstream energy infrastructure space. The partnership''s main operations comprise operating logistics assets and providing fuel distribution services. Specifically, MPLX''s assets comprise a web of crude oil and refined product pipelines, an in-land marine business, storage caverns, refinery tanks, marine terminals, and natural gas and NGL processing facilities. Following the stock''s plummet in 2020 amid COVID-19''s effects on the energy sector, MPLX units have returned to their pre-pandemic levels as sentiment has been completely reversed.