Midstream Buyback Activity Continues in Q3

As third-quarter earnings season is well underway, many midstream companies have announced continued buyback activity. Buybacks are an important tool for midstream companies, complementing dividends, and reinforcing midstream’s commitment to returning capital to shareholders. MPLX LP (MPLX) on Monday announced the partnership repurchased $180 million of common units held by the public in the [...] The post Midstream Buyback Activity Continues in Q3 appeared first on ETF Trends .