MPLX LP Common Units Representing Limited Partner Interests (MPLX)

Despite Chevron and Exxon Mobil trading below their highs, sub-industries such as transportation and pipelines show resilience, driven by dividends and demand.

Natural gas pipeline operator Equitrans Midstream surges 40% as the Mountain Valley Pipeline project's completion looks promising with the debt ceiling deal.

Pipeline operators Enterprise Product Partners, Energy Transfer, and MPLX are outperforming the broader market while also throwing off high dividend yields.

WhiteWater Midstream, LLC (“WhiteWater”) today announced that subsidiaries of Whistler Pipeline, LLC and Cheniere Energy, Inc. (NYSE American: LNG) (“Cheniere”) have executed agreements to move forward with the construction of the ADCC Pipeline, which is a new joint venture 42-inch pipeline that is expected to extend approximately 43 miles from the terminus of the Whistler Pipeline to Cheniere’s Corpus Christi Liquefaction Facility.

WhiteWater, EnLink Midstream, LLC (NYSE: ENLC), Devon Energy Corp. (NYSE: DVN), and MPLX LP (NYSE: MPLX) have reached a final investment decision to move forward with the construction of the Matterhorn Express Pipeline after having secured sufficient firm transportation agreements with shippers.

EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its affiliate MPLX), Mitsubishi Power, Shell Polymers and U. S. Steel have formed a new alliance that will play an important leadership role in decarbonizing the industrial base in the Northern Appalachian Region of the United States.