MPLX: 7.6% Yield, 12% Distribution Growth, But I'm Not Buying (Downgrade)
MPLX LP is currently offering a yield of 7.6% along with a projected distribution growth of 12.5%. Despite these attractive figures, the author has decided against purchasing the stock at this time. The article discusses the reasons behind this decision and provides insights into the company's financial outlook.
- ▪MPLX LP has a yield of 7.6%.
- ▪The company projects a distribution growth of 12.5%.
- ▪The author has chosen not to buy MPLX stock despite its attractive yield.
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