MPLX LP Increases Quarterly Distribution
MPLX LP Common Units Representing Limited Partner Interests (MPLX)
Last mplx lp common units representing limited partner interests earnings: 1/29 06:30 am
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US:NYSE Investor Relations:
mplx.com/contact_us/investor_relations
Company Research
Source: PR Newswire
FINDLAY, Ohio, July 22, 2019 /PRNewswire/ -- The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.6675 per common unit for the second quarter of 2019, or $2.67 on an annualized basis.This represents an increase of $0.01 per unit, or 1.5 percent, over the first quarter 2019 distribution, and an increase of $0.04 per unit, or 6.4 percent, over the second quarter 2018 distribution. This is the 26th consecutive quarterly distribution increase and will be paid on Aug. 14, 2019, to common unitholders of record as of Aug. 5, 2019.As previously announced, MPLX expects to close the acquisition of Andeavor Logistics LP (NYSE: ANDX) on July 30, 2019, subject to the satisfaction or waiver of the remaining customary closing conditions. Given the anticipated timing of the closing of the transaction, the parties expect that ANDX common unitholders will not receive any future distributions from ANDX, but instead will receive the second
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- Mplx Lp (NYSE: MPLX) had its price target raised by analysts at Royal Bank of Canada from $50.00 to $52.00. They now have an "outperform" rating on the stock.MarketBeat
- Mplx Lp (NYSE: MPLX) had its price target raised by analysts at UBS Group AG from $51.00 to $55.00. They now have a "buy" rating on the stock.MarketBeat
MPLX
Earnings
- 11/5/24 - Miss
MPLX
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- MPLX's page on the SEC website