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home / news releases / MPLX - MPLX: Expect Continued Steady Growth And Returns

MPLX - MPLX: Expect Continued Steady Growth And Returns

MPLX LP Representing Limited Partner Interests

2024-03-28 10:17:51 ET

Summary

  • MPLX LP has experienced a steady recovery since the initial oil price collapse, with its share price quadrupling to over $40 billion.
  • The company has strong financial performance, returning $3.3 billion to unit holders and maintaining a 1.6x distribution coverage.
  • MPLX is focused on investing in growth capital and bolt-on acquisitions, with a strong balance sheet and low debt ratio.

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For further details see:

MPLX: Expect Continued Steady Growth And Returns
Stock Information
Company Name: MPLX LP Representing Limited Partner Interests
Stock Symbol: MPLX
Market: NYSE
Website: mplx.com
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