MPLX LP remains a 'buy' due to its stable cash flows, low leverage, and attractive valuation relative to peers. Despite recent underperformance versus the S&P 500, MPLX has delivered strong long-term returns and offers a high yield. Recent asset acquisitions and management's focus on growth opportunities should drive future profit and cash flow expansion.
MPLX recently pulled back fairly sharply following the release of its Q2 results. I think this presents unitholders with a compelling buying opportunity. I discuss why the market is selling off MPLX units and why I am buying them.
MPLX demonstrates continuous expansion through strategic acquisitions and organic growth and its strong dividend payment policy (7.65% yield). The stock price has increased by 150% during the last five years, while total return, including dividends, reached +300%. The company generated $1.7B in adjusted EBITDA during Q2 2025, while distributable cash flow reached $1.4B and distributed $1B to shareholders, while maintaining leverage below 4x.
MPLX is a top pick for income investors, offering a 7.65% yield and a decade-long track record of distribution growth. Strategic acquisitions and organic growth projects position MPLX for continued profitability, as energy demand rises, especially from data center expansion. Strong financials: revenue, EBITDA, and free cash flow have all grown significantly since 2019, supporting future distribution increases.
The headline numbers for MPLX LP (MPLX) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
MPLX Q2 earnings and revenues decline year over year on rising costs and lower gathering volumes.
MPLX LP Common Units (NYSE:MPLX ) Q2 2025 Earnings Call August 5, 2025 9:30 AM ET Company Participants Carl Kristopher Hagedorn - Executive VP, CFO & Director of MPLX GP LLC David R. Heppner - Senior Vice President of MPLX GP LLC Gregory Scott Floerke - Executive VP & COO of MPLX GP LLC Kristina Anna Kazarian - Vice President of Finance & Investor Relations Maryann T.
Beyond analysts' top-and-bottom-line estimates for MPLX LP (MPLX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
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MPLX is scheduled to report Q2 results on Aug. 5, with stable cash flows and rising gas segment EBITDA seen as key drivers.
Get a deeper insight into the potential performance of MPLX LP (MPLX) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
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