MPLX LP Boosts Dividend Reliability With Strong Earnings and Analyst Support

MPLX LP (NYSE:MPLX) is one of the 12 Best MLP Dividend Stocks to Buy According to Analysts.

Following strong Q1 2025 earnings, the company consistently witnesses its Buy rating maintained by analysts.

MPLX LP Boosts Dividend Reliability With Strong Earnings and Analyst Support

A large oil tanker at a busy port, surrounded by a flurry of industrial activity.

The Ohio-based large-cap master limited partnership, MPLX LP (NYSE:MPLX) was formed in 2012 by Marathon Petroleum Corporation. The company owns and operates an integrated network of midstream energy infrastructure, including crude oil and refined product pipelines, storage terminals, marine docks, and natural gas gathering, processing, and fractionation facilities, primarily across the U.S. Midwest and Gulf Coast. In addition to MPC, the partnership also provides fuel distribution services to third-party customers.

On May 6, 2025, the company reported its Q1 2025 results, which indicated a 7% year-over-year increase in adjusted EBITDA. MPLX LP (NYSE:MPLX) also demonstrated strong commitments to capital return by distributing nearly $1 billion to unitholders and repurchasing $100 million in units.

In the following days, till June 3, 2025, various analysts, including Barclays, J.P. Morgan, and  RBC Capital, reiterated their Buy rating on the stock, suggesting notable confidence in the company’s growth potential. Among these analysts, it needs to be noted that Barclays lowered the price target from $55 to $52, pointing to ongoing economic volatility.

With a dividend yield of 7.43% and a consensus Buy rating from analysts, MPLX LP (NYSE:MPLX) remains attractive for investors seeking stable MLP dividend-based income.

While we acknowledge the risk and potential of MPLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MPLX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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