
MPLX LP (MPLX)
MPLX LP is a diversified midstream oil and gas company that primarily engages in gathering, processing, transporting, and storing hydrocarbon liquids and natural gas. Founded in 2012 as a subsidiary of Marathon Petroleum Corporation, MPLX operates an extensive network of pipelines and storage facilities across the United States, providing essential infrastructure services to the energy industry. The company focuses on delivering energy infrastructure solutions to support producing and refining operations.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
August 15, 2025 | $0.96 | 2025-08-08 | 2025-08-08 |
May 16, 2025 | $0.96 | 2025-05-09 | 2025-05-09 |
February 14, 2025 | $0.96 | 2025-02-03 | 2025-02-03 |
November 15, 2024 | $0.96 | 2024-11-08 | 2024-11-08 |
August 16, 2024 | $0.85 | 2024-08-09 | 2024-08-09 |
Dividends Summary
- MPLX LP has issued 52 dividend payments over the past 12 years
- The most recent dividend was paid 36 days ago, on August 15, 2025
- The highest dividend payed out to investors during this period was $0.9565 per share
- The average dividend paid during this period was $0.62 per share.
Company News
MPLX, a midstream oil and natural gas MLP, offers a compelling 7.6% dividend yield with a robust 1.5 coverage ratio, multiple expansion projects, and recent acquisitions, making it an attractive option for income investors.
Marathon Petroleum Corp. has declared a quarterly dividend of $0.91 per share, payable on September 10, 2025, to shareholders of record as of August 20, 2025.
Kayne Anderson Energy Infrastructure Fund reported its unaudited balance sheet, net asset value, and asset coverage ratios as of April 30, 2025. The fund's net assets were $2.3 billion, and its net asset value per share was $13.50. The fund's asset coverage ratios were 713% for senior securities and 515% for total leverage.
The article discusses how the election of Donald Trump could lead to a major shift in U.S. energy policy, potentially boosting oil and gas output. It highlights three energy stocks - MPLX LP, Devon Energy, and Chevron - that could benefit from the new administration's policies.
The midstream oil and gas pipeline industry is expected to benefit from stable fee-based revenues, a strong project backlog, and attractive dividend yields. Enbridge, The Williams Companies, Kinder Morgan, and MPLX are highlighted as frontrunners in the industry.
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