MPLX L.P.

MPLX has placed unsecured senior notes with an aggregate principal amount of $2.25 billion in a registered public offering. The offering includes 4.700% notes (2029) totaling $1.25 billion, 5.000% notes (2032) totaling $500 million, and 5.500% notes (2036) totaling $500 million. Net proceeds are expected to be used to repay outstanding notes (the $1.25 billion 4.125% due March 2027) and for general corporate purposes; closing is expected by August 24, 2026. » Więcej na de.investing.com

MPLX rose to a new 52-week high of 60.04 USD. For the past year the energy infrastructure company recorded a total return of 20.9%, a market capitalization of 60.83 billion USD and a dividend yield of 7.31%. In the second quarter of 2026 MPLX reported revenue of 3.31 billion USD, beating expectations by 140 million USD (4.42%), while earnings per share of 1.06 USD missed expectations by one cent. Adjusted EBITDA increased 5% year over year, driven by higher natural gas and NGL volumes and improved propane blending; however, an analysis by InvestingPro rates the stock as overvalued relative to its fair-value estimate. » Więcej na de.investing.com

MPLX returned about 225% over the past five years with distributions reinvested, offers a roughly 7.4% yield and management has committed to 12.5% annual distribution growth through 2027 with a 1.3x coverage floor. The midstream MLP is majority‑owned by Marathon Petroleum (≈64%) and generates fee‑based cash flows from pipelines and terminals, but carries K‑1 tax complexities for taxable accounts. Leverage rose to 3.7x debt‑to‑EBITDA after the $2.38 billion Northwind acquisition, leaving only 0.3x of headroom before the 4.0x limit. Ten‑year performance (323% vs QQQ's 527%) highlights sector cyclicality and the importance of entry timing; investors seeking similar exposure without K‑1s can consider the AMLP ETF. » Więcej na finance.yahoo.com