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home / news releases / mplx expect another large distribution increase in 2

MPLX - MPLX: Expect Another Large Distribution Increase In 2024

MPLX LP Representing Limited Partner Interests

2024-02-22 23:15:26 ET

Summary

  • MPLX reported strong Q4 results, showing an ability to withstand low natural gas prices.
  • The company has low leverage and one of the best growth project backlogs in the midstream space.
  • After a 10% distribution increase in 2023, the company looks poised to nicely raise its distribution later this year.

For further details see:

MPLX: Expect Another Large Distribution Increase In 2024
Stock Information
Company Name: MPLX LP Representing Limited Partner Interests
Stock Symbol: MPLX
Market: NYSE
Website: mplx.com
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