MPLX LP Aktie News

Now's a great time to pick up dividend stocks, and income investors can afford to be choosy when it comes to high yield. MPLX LP is a midstream company with strong cash flow generation and an 8.1% yield, supported by a robust balance sheet. Gaming and Leisure Properties is the second-largest owner of gaming properties in the US, with a 7.1% dividend yield and potential for future growth.

In the last four and a half months, units of MPLX LP have doubled the S&P 500 index. Pricing power and relatively steady pipeline throughputs helped the MLP's adjusted EBITDA and distributable cash flow climb higher in Q1. The company's leverage ratio further improved during the first quarter, which supports the investment-grade credit rating.

MPLX LP (NYSE:MPLX ) Q1 2024 Results Conference Call April 30, 2024 9:30 AM ET Company Participants Kristina Kazarian - VP, Finance & IR Mike Hennigan - Chairman, President and CEO Kris Hagedorn - EVP and CFO Greg Floerke - EVP and COO Dave Heppner - SVP, Strategy and Business Development Conference Call Participants John Mackay - Goldman Sachs Manav Gupta - UBS Jeremy Tonet - JPMorgan Theresa ...

Work smarter, not harder, the saying goes. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

FINDLAY, Ohio , April 30, 2024 /PRNewswire/ -- First-quarter net income attributable to MPLX of $1.0 billion and net cash provided by operating activities of $1.3 billion Adjusted EBITDA attributable to MPLX of $1.6 billion and distributable cash flow of $1.4 billion Returned $951 million of capital to unitholders Advanced growth strategy with processing plants in the Marcellus and Permian basi...

Bill Gross thinks Western Midstream and MPLX are great investments right now. The MLPs currently offer dividend yields above 8%.

A comfortable or even rich retirement requires passive income, or you'll work until you die. Dividend income from investments is a potential way to fill the gap for those without access to a pension or sufficient Social Security. A balanced portfolio that includes high-yield blue chips, growth stocks, and ETFs can optimize income growth and reduce risk in retirement.

Master limited partnerships produce tax-deferred income. Many top MLPs offer yields in the 7%-8% range.