MPLX LP: My Favourite Midstream Play Right Now

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Dec. 09, 2025 6:34 AM ETMPLX LP Common Units (MPLX) StockAndres Veurink176 FollowersCommentsSummaryMPLX LP is rated a Strong Buy, supported by robust distribution growth, a 7.71% yield, and a resilient business model.MPLX's partnership with Marathon Petroleum ensures stable, long-term revenue streams, with about 58% of pipeline and 69% of terminal throughput contracted.Both crude oil and natural gas segments show rising margins and operational stability, with forward EBITDA projected to grow from $3.9B to $5.2B by 2030.A low payout ratio (~59%) and strong cash flows support continued distribution increases of 8–12% annually, even after recent unit price gains.hirun/iStock via Getty ImagesInvestment ThesisPoised for growth has a nice ring to it, and that is exactly what I'm thinking when I talk about today's topic, namely, MPLX LP (MPLX) which has mounted an impressive comeback afterThis article was written byAndres Veurink176 FollowersMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors to follow are tech, specifically SaaS and cloud business. I find these offer incredible growth opportunities and are also very fun to research and follow. It's a very active space with plenty of news coming out each week. Work is my own thoughs and research is done only by myself.Analyst’s Disclosure:I/we have a beneficial long position in the shares of MPLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments