MPLX offers 7.6% yield as cash generation supports distribution
AI Summary- Jim Cramer highlighted MPLX as an oil-related income investment during Mad Money's September 30 lightning round.
- MPLX reported $1.78 billion in second-quarter adjusted EBITDA and paid $1.0765 per common unit.
- MPLX's hedge-fund holders declined to 12 in Q2 from 15 in Q1, Insider Monkey's database showed.