1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6182) 

Baron Funds Comments on MPLX LP

February 20, 2013 | About:

We started new positions in MPLX LP (NYSE:MPLX), a growth master limited partnership, recently formed by Marathon Petroleum to own and operate midstream assets.We own a handful of MLPs (Targa Resources Corp., Susser Petroleum Partners LP, Golar LNG Partners L.P.) and favor those with stable businesses and strong growth potential and believe MPLX fits the bill and should be able to expand earnings and dividends by over 20% per year for the foreseeable future.

From Baron Funds' fourth quarter commentary.


Rating: 5.0/5 (1 vote)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


Jwalker89Earnings Yield
pwhite444Margin of safety
pwhite444equity to asset
pbarker46EV//EBITDA
yasarkhanYasar's Net Net
rael2222base lavoro 4
rael2222base di lavoro 3
rael2222BASE DI LAVORO 2
rael2222ops
tod.vnchemicalUSA green G/A MOS
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK