MPLX offers a high dividend yield of over 7%, supported by strong earnings and growth

From Yahoo Finance: 2025-06-14 12:33:00

MPLX offers a dividend yield much higher than the average energy stock, with a sustainable payout based on strong earnings and distribution growth. The energy sector presents opportunities for income investors, with MPLX standing out at over 7% yield. Its diversified midstream operation and robust financial profile support this high yield. With consistent growth in earnings and distribution, MPLX is positioned for continued success, backed by new investments and acquisitions. CEO Maryann Mannen anticipates mid-teen returns and mid-single digit EBITDA growth from these projects. MPLX’s strong balance sheet allows for further acquisitions to enhance earnings growth and distribution. Despite the high yield, MPLX’s foundation is sustainable and poised for growth in the coming years.



Read more at Yahoo Finance: 1 Energy Stock With a Dividend Yield Over 7% Right Now