MPLX - Yield Momentum And Value: MPLX Hits The Trifecta
2024-07-17 03:15:40 ET
Summary
- MPLX is a master-limited partnership created by Marathon Petroleum Company in 2012, operating in the midstream energy sector.
- The business consists of two segments within the natural gas sector: Logistics and Storage (L&S) and Gathering and Processing (G&P).
- A number of catalysts are poised to increase demand for natural gas, particularly AI datacenters.
- The highly anticipated Fed pivot will increase demand for income producing assets as yields on cash and bonds are set to decline.
MPLX (MPLX) is a master limited partnership ((MLP)) formed by Marathon Petroleum Company (MPC) in 2012 that operates in the midstream energy sector. The business is comprised of two segments: Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the transportation, storage and distribution of petroleum products. The G&P segment is involved in the gathering, processing of natural gas liquids (NGLs). Overall, as a midstream company, MPLX is less dependent on the price movement of volatile commodities, making money from extracting, delivering and storing them....
Yield, Momentum And Value: MPLX Hits The Trifecta