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home / news releases / ET - MPLX's 9.98% Distribution And Recent Sell-Off Can't Be Ignored

ET - MPLX's 9.98% Distribution And Recent Sell-Off Can't Be Ignored

Energy Transfer LP
  • MPLX is one of the most talked-about energy infrastructure companies which I am not invested in and its recent decline pushing the yield to 9.98% has caught my attention.
  • MPLX has grown its distribution annually over the previous 9 consecutive years and it has outpaced inflation for most of the previous decade.
  • MPLX is unique as Marathon Petroleum owns 64% of its common units and MPLX was formed to provide services for Marathon Petroleum.
  • After comparing MPLX to other energy infrastructure companies I am shocked I am not invested in them.

For further details see:

MPLX's 9.98% Distribution And Recent Sell-Off Can't Be Ignored
Stock Information
Company Name: Energy Transfer LP
Stock Symbol: ET
Market: NYSE
Website: energytransfer.com
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