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Posted by
Two Blokes Jun 16 -
Filed in
Stock
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8 views
MPLX remains a top midstream pick, due to strong distribution growth, robust coverage, and strategic expansion in the Permian Basin. The full acquisition and planned expansion of the BANGL pipeline are key catalysts for future EBITDA and distributable cash flow growth. The BANGL expansion indicates potential for organic growth and investors should expect more pipeline projects in MPLX's core markets in order for the company to accelerate its NGL growth strategy.
