
MPLX LP
MPLXMPLX 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 |
|---|---|---|---|
| November 14, 2025 | $1.08 | 2025-11-07 | 2025-11-07 |
| 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 |
Dividends Summary
- MPLX LP has issued 53 dividend payments over the past 12 years
- The most recent dividend was paid 53 days ago, on November 14, 2025
- The highest dividend payed out to investors during this period was $1.08 per share
- The average dividend paid during this period was $0.62 per share.
Company News
The article recommends two midstream master limited partnerships (MLPs) for income-focused investors: Western Midstream Partners (WES) with a 9.2% yield and strong balance sheet, expanding into produced water disposal; and MPLX with a 7.33% yield and impressive 10%+ annual distribution growth. Both companies have well-covered distributions, solid...
Kayne Anderson Energy Infrastructure Fund (KYN) reported net assets of $2.3 billion and a net asset value per share of $13.57 as of December 31, 2025. The fund maintains strong asset coverage ratios of 644% for debt and 480% for total leverage. The portfolio is heavily concentrated in midstream energy companies, with top holdings including Willia...
Marathon Petroleum Corp. announced a 10% increase in its quarterly dividend, raising it from $0.91 to $1.00 per share, payable on December 10, 2025, to shareholders of record as of November 19, 2025.
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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