ET - MPLX Dividend Coverage Seen Stable Even With Rising Rates
MPLX LP (MPLX) has seen its share price recover some from the recent market crash of 2018, but its share price is still considerably off its highs, presenting an opportunity for long investors who are searching for yield at an attractive valuation.
The question most investors have for midstream players like MPLX is whether or not projects can continue to grow at the unprecedented rates seen in the last few years, and if their dividend can, therefore, be sustained.
Thankfully, for MPLX and its investors, the company has plenty of catalysts on the