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ET - MPLX: 9.4% Yield Are You Swimming In Cash?
November, 18 2021 12:13 PM
Energy Transfer LP
MPLX maintains a high quality asset base and has the backing of Marathon Petroleum as its key customer. It has seen pipeline volume growth, and is benefiting from higher NGL prices. Meanwhile, MPLX maintains a strong balance sheet. Management is focused on share buybacks and the distribution is well-covered. For further details see:
MPLX: 9.4% Yield, Are You Swimming In Cash?
Stock Information
Company Name:
Energy Transfer LP
Stock Symbol:
ET
Market:
NYSE
Website:
energytransfer.com
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