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....
Read the full article on Seeking Alpha
For further details see:
Yield, Momentum And Value: MPLX Hits The Trifecta