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1 Pipeline Stock Paying a 7.3% Dividend While Oil Goes Haywire
MPLX's stable fee-based pipeline model supports a 7.3% yield and 1.4 times coverage despite oil price swings, backed by strong cash flow and a solid balance sheet.
Summary
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Is MPLX a Better Buy Than Enbridge?
Key PointsEnbridge and MPLX are midstream operators.Both companies offer above-average dividend yields.Both stocks have outshone the S&P 500 so far this year.10 stocks we like better than MPLX › Companies that are particularly heavy users of oil-derived fuels, such as transportation businesses and airlines, have had a rough time lately due to the steep climb in crude oil prices since mid-February. Midstream energy operators -- which own oil and …
·Alexandria, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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