MPLX LP (NYSE:MPLX) is among the 15 Blue Chip Dividend Stocks to Build a Passive Income Portfolio. JPMorgan reduced its price target on MPLX to Neutral from Overweight, citing cooling upside potential for 2025. The company focuses on growth projects and strengthening its Permian-to-Gulf Coast network, expected to boost cash generation. MPLX is a master limited partnership with an energy asset base including oil pipelines, gas processing plants, and storage terminals. The company reported $4.3 billion in cash flow for the first nine months of the year, covering its dividend comfortably for the past 12 consecutive years. While MPLX shows investment potential, certain AI stocks may offer greater upside potential and less downside risk. For more information and stock recommendations, check out Insider Monkey’s reports on high-quality dividend stocks and those that outperform the S&P 500.
Read more at Yahoo Finance: JPMorgan Cites Cooling Upside Potential for MPLX in 2025
