Report
Stephen Ellis
EUR 100.00 For Business Accounts Only

MPLX looks to benefit from the creation of an export hub on the East Coast.

MPLX reported a good second quarter and we plan to maintain our $38.50 fair value estimate and narrow moat. We think the partnership remains very well positioned to benefit from natural gas liquids production growth in the Appalachian region over the coming years, given its dominant asset base. The completion of $12 billion in drop-down assets last year, with EBITDA increasing to $867 million from $474 million, primarily drove the results. While we think the incentive distribution rights buyout ...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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