MPLX LP reported a Q1 2026 net income of $912 million, down from $1,126 million in Q1 2025, mainly due to derivatives and interest expenses. Adjusted EBITDA was $1.7 billion, with distributable cash flow of $1.4 billion supporting a $1.1 billion capital return to unitholders. The company is expanding its Permian sour gas treating capacity and advancing the Harmon Creek III processing plant in the Marcellus basin, expecting mid-single digit growth and 12.5% annual distribution growth for two more years. MPLX maintains a leverage ratio of 3.7x and has increased its revolving credit facility to $2.5 billion.
The Alerian MLP ETF (AMLP) provides investors with a high yield of around 7.8% by focusing on major midstream energy infrastructure companies. Its C-corp structure allows for simpler tax reporting via 1099 forms and compatibility with IRAs, avoiding ...
Kayne Anderson Energy Infrastructure Fund disclosed its unaudited balance sheet as of June 30, 2026, showing net assets of $2.7 billion and a net asset value (NAV) per share of $16.02. The fund's asset coverage ratio was robust at 633% for senior sec...
