MPLX is one of the midstream companies in our High Yield Income Portfolio. In the last 3 months, 3 ranked analysts set 12-month price targets for MPLX. Barclays, Raymond James and MUFG Securities Americas all rate it a BUY with valuations of $38, $42 and $41. MPLX closed today at $32.51.
We will be sending out an updated profile on MPLX this month.
MPLX LP (MPLX)
MPLX LP (MPLX)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: MPLX LP (MPLX)
The profile has been posted to the EPG website.
Note that MPLX is a Master Limited Partnership (MLP), so its quarterly dividends are tax deferred. Annual yield is ~8.2%.
Note that MPLX is a Master Limited Partnership (MLP), so its quarterly dividends are tax deferred. Annual yield is ~8.2%.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group