---
title: "Weekly Recap: 10% Solitude JV stake and RBC lifts MPLX LP target $64"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296779838.md"
description: "MPLX LP holds a 10% stake in the Solitude Pipeline JV, developing two Permian-to-Katy gas lines with capacity coming online in 2029 and 2030 under long-term FTAs. Concurrently, RBC Capital maintained an Outperform rating on MPLX but raised its price target from $60 to $64 per share."
datetime: "2026-08-24T11:21:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296779838.md)
  - [en](https://longbridge.com/en/news/296779838.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296779838.md)
generator: "portal-rs"
---

# Weekly Recap: 10% Solitude JV stake and RBC lifts MPLX LP target $64

MPLX LP (NYSE:MPLX) holds a 10% stake in the Solitude Pipeline JV building two 48" Permian-to-Katy gas lines with 2.25 Bcf/d coming online in 2H 2029 and another 2.25 Bcf/d in 2030 under long-term FTAs, while RBC Capital keeps an Outperform and raises its $64 target.

**Previous Week Recap**

-   **MPLX LP Holds 10% Solitude Pipeline**: MPLX (MPLX) holds 10% of Solitude Pipeline JV. Project: two 48" Permian-to-Katy gas lines, 2.25 Bcf/d in 2H 2029, +2.25 Bcf/d in 2030; includes long-term FTA. 2 sources
-   **MPLX LP Outperform, PT $64**: RBC Capital maintained its Outperform rating on MPLX LP (MPLX) and raised its price target to $64 per share from $60, as reported by RBC Capital. Dow Jones Newswires

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**