Can MPLX Stock Recover to its 2015 Highs, in 2019?

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A look into an MPLX oil distillery plant,. Can the stock grow in 2019?

Many investors have been watching the MPLX energy stock for any indication of a new rally.

The company has been doing well these past few years, despite lower stock prices than even back in 2013.

Trading between $30 and $35 a share this MPLX stock looks quite attractive at this price.

MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by MPC to own, operate, develop and acquire midstream energy infrastructure assets. We are engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; the transportation, storage and distribution of crude oil and refined petroleum products; as well as refining logistics and fuels distribution services. MPLX provides services in the midstream sector across the hydrocarbon value chain through our Logistics and Storage and Gathering and Processing segments.

1 COMMENT

  1. MPLX has lost so much in terms of stock price in the last few years but I also don’t see it recovering any time soon so we shall have to see on that one.

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